Giropay online casinos
Giropay has a firm foothold as a payment processor of choice for German online casino players.
The company claims to process 1.5 million transactions every month, with over 35 million active Giropay customers, and partnerships with more than 1500 banks across Germany.
How does Giropay work?
Giropay is an online banking payment processing method that is used in Germany, which allows you to facilitate money movement from your bank account to an online casino.
Basically you log in to your bank account and confirm the payment after requesting this method in your online casino account.
Giropay works on much the same basis as Interac in Canada (Instadebit, iDebit), iDeal in Holland and Secure Vault Payments in the USA.
Step by step: Depositing with Giropay at online casinos
Giropay deposits are instant and easy to do when dealing with online casinos. As long as you have internet banking set up with your bank, you are over 18 and living in Germany you can use this deposit method to fund your online casino account.
Step 1: You will need to find an online casino with Giropay as a banking method. You can almost assume that if a casino has Giropay as a deposit method it will accept Germans. You can find out more about the casinos we promote and their Giropay deposits in our online casino reviews.
Step 2: After you have logged into your online casino account, visit the banking section and select Giropay as your deposit method. You will also enter in the amount you wish to deposit at this step.
Step 3: Login to your online bank account when prompted via the casino’s banking section. You will then see the details of the transaction and have the option to verify the payment.
Step 4: You will have the transaction verification displayed on your screen. You can then visit the online casino you are depositing at and refresh the screen. You should now see your account balance updated to reflect your Giropay deposit.
Giropay casino deposit fees
As with most online banking transfer companies, there is a small fee attached to the service.
There is a 0.08€ flat fee attached to a Giropay money transfer, while they will also tax you between 0.9% of and 1.2% of the transferred amount.
Can I use Giropay with my German bank?
It is a simple process to check whether you can deposit using Giropay. Just visit https://www.giropay.de/ and use the bank look-up feature, which will tell you if your bank is a partner of Giropay. The company has partnerships with 1500 banks.
History of Giropay
Giropay was established in 2006 by Postbank and other German and Austrian banks as they caved in to demand by customers to provide more online banking options.
In 2019 Giropay has more than 35 million customers, operates in multiple jurisdictions and processes over 100 million euros for customers on a yearly basis.
Since Giropay launched in 2016 there have been very few fraudulent cases involving them, while they have also continued to move with the times, beginning to use things such as SSL encryption when it was released and later 2 factor authentication.
To receive Giropay customer support you need to visit their website and visit the customer service section. You will see the option to call Giropay, talk to them in live chat or email them. If you are looking for instant customer service the live chat will serve you best.