What Is Giropay

GambleScope Research Team

Giropay is an online payment method developed in Germany. They allow you to process transactions easily. Since 2006, they have been one of the most popular choices for online gambling payments. Currently, they process over 1 million individual transactions each month. Meaning, they are among the most widely used payment processors for gamblers.

Giropay Online Casino List

How Does Giropay Work?

Giropay is so popular because of how simple it is to use. In only three steps, you can handle any transaction you want.

  • Choose the Bank Account You Want to Use:

    When you want to make a payment, you must select the bank you want to use. This step only needs to be done once. In the future, it will be pre-selected.

  • Connect the Account to Your Giropay Account:

    Using your banking credentials, connect the account to Giropay. This process is instant using your online banking login information.

  • Authorize the Payment With Your TAN:

    Finish the payment by typing in your TAN. Then, you are all done.

Signup in Giropay

Giropay is incredibly easy to use. There are no extra accounts you need to create. Just connect your bank account, and you are good to go.

All You Need Is Your Bank Account Info:
A legal bank account is the only information you need. Once you connect it to your Giropay account, you can process payments rapidly.

Mobile Application of Giropay

Giropay does not have a mobile app. However, you can use it on your phone or PC as long as the casino supports those devices. Despite not having an app, you can still use it while you are away from home most of the time. 

How to Fund Casino Account With Giropay

To fund your account using Giropay, you need to go to the casino's website. In the deposit section, search for the Giropay option. Then, click on it. After that, you will be shown a TAN. Confirm that it matches the transaction number provided by your bank. Finally, complete any 2-factor authentication procedures. Boom, you have made your deposit. Some casinos charge a fee for deposits. However, deposits are instant. That way, you can start playing immediately.

How to Withdraw From Casino to Giropay

As long as you can deposit with Giropay, you can also withdraw. Go to your wallet on the casino's website. Then, select the option to withdraw your money. You should be shown a list of withdrawal options. Scroll through until you locate Giropay. Click the icon to be taken to the processing screen. Most of the time, this would be all you need to do. After connecting your account, you can instantly withdraw your winnings. Not to mention, casinos do not charge you for the withdrawals either. That way, you get to keep all of your winnings. Plus, there is not a faster method of getting your money into your bank account. When you want your money fast, Giropay is your best bet.

Fees and Limits When Using Giropay

Giropay does not have any hard limits or fees. You can conduct as many transactions as you want. Each of them will be instant.

Fees:
When making deposits, Giropay does not charge you any fees. Sometimes, the casino will, though. Check the details on the deposit page for the specific casino for more information. On the other hand, casinos do not charge you anything to withdraw.

Limits:
Most casinos have limits on how much you can deposit and withdraw at once. To check, you need to read through the terms and conditions of the casino's website.

Security When Using Giropay

Best of all, this is one of the most secure payment processors around. You never have to give your bank account information to the casino. Giropay handles all of that for you. By using their service, you stay protected. Casinos won't know anything about your financial life. It is one of the only anonymous payment methods you can use. Whether you deposit or withdraw, you'll never see the casino on your list of bank transactions.

Disadvantages of Using Giropay

Of course, there are a few drawbacks. Nevertheless, these should not be deal-breakers. As long as you can use the service, it is still one of the best options available.

  • Limited to German and Austrian Customers: Not everyone can use Giropay. As of now, only German and Austrian customers can use this method.
  • You Might Have to Pay Fees to Use the Service: Currently, the fees are often absorbed by the casino. However, you may have to pay a small percentage of each transaction.
  • Not All Banks Work With GIropay: To check, look at the website and compare your bank’s BIC. If it is listed, you are good to go.

Benefits of Using Giropay

The benefits of this service far outweigh the negatives. The following reasons are all great arguments to use Giropay.

  • Fast: Transactions process instantly. Deposit and withdraw your money at a moment's notice.
  • Reliable: Never worry about where your money is. Giropay is amazingly reliable.
  • Easy: You don't have to make any new accounts. Just connect your bank and start processing payments.
  • Secure: Never give your personal information to another company again. By using Giropay, you remain anonymous.

FAQ

Can I Use Giropay?

Not everyone can use the service. As of the moment, Giropay is available to customers from Germany and Austria.

Is Giropay Secure?

It is one of the most secure payment methods you can use to fund your gambling. Nobody will ever have access to your bank information.

What Do I need to Use Giropay?

If you can access the service, all you need is a bank account. Connect it and start authorizing payments.

How Much Does It Cost?

Depending on the circumstances, there might be fees to use Giropay. Sometimes, you can use it without any fees. There are never any annual membership fees or other charges.

How Fast Do Payments Process?

Giropay is lightning fast. Most payments made are processed instantly. When you use Giropay, you don't have to be patient.