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Latest update:March 16, 2024

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Giropay is popular German online payment method. It allows players to make secure deposits and withdrawals with online casinos from bank account to bank account. Giropay works as an intermediary between the player, the online casino, and the player’s bank.

When making using Giropay, the player selects the Giropay payment option at the banking section and chooses their bank from a list of participating banks. The player is then redirected to their bank’s online banking platform, where they log in using their usual online banking details.

The transaction details, including the recipient and deposit amount, are pre-filled by Giropay. The customer only needs to authorize the payment using their preferred method, such as a TAN (Transaction Authentication Number). Once authorized, the payment is processed, and the funds are transferred from the player’s bank account to the casino player account.

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Using Giropay at Online Casinos

Using Giropay at online casinos follows a similar process as making a regular Giropay payment. When making a deposit, you select Giropay as your preferred payment method and choose your bank from the available list. You are then redirected to your bank’s online banking platform, where you then authorize the payment. Once your payment has been confirmed, your funds are instantly transferred to your casino player account, allowing you to start playing immediately.

For withdrawals, you can choose Giropay as the withdrawal method and initiate the transaction from your casino account. The funds are then transferred back to your bank account through the Giropay system.

Benefits of Giropay

Security

Giropay is built for Germans by Germans and therefore transactions are conducted within the secure existing online banking systems of participating German banks. This means that sensitive financial information, such as bank account details, is not shared with the casino or any third parties. This added layer of security provides peace of mind to many players.

Convenience

Giropay allows you to make transactions directly from your bank account, eliminating the need for credit cards or e-wallets. As most Germans have online banking accounts, Giropay offers a convenient and familiar method for online payments. It simplifies the process by pre-filling payment details and redirecting you to their online banking platform.

Instant Deposits

When making a deposit at a Giropay casino, the funds are usually transferred instantly to your casino account. This means that you can start playing your favorite games immediately without any delays. Instant deposits provide a seamless and efficient gaming experience.

Fast Withdrawals

Giropay also enables quick withdrawals from your casino account back to your bank account. Once the withdrawal request is processed by the casino, the funds are transferred through the Giropay system and will credit your bank account quickly. Fast withdrawals ensure that you can cash-in your winnings swiftly.

Widely Accepted

Giropay is a popular payment method in Germany, and many online casinos catering to German players accept it. This wide acceptance means that you have a variety of reputable and trusted casinos to choose from when using Giropay. It provides a broader selection of gaming platforms and ensures compatibility with the player’s preferred casino.

No Fees

Giropay transactions typically do not involve additional fees. However, it’s important to check with the specific casino regarding their policies on fees for deposits or withdrawals, as these may vary.


How to use Giropay at an Online Casino

Using Giropay at an online casino is quite intuitive and easy to follow.

Here’s a step-by-step guide to help you use Giropay for deposits at an online casino:

Step 1: Choose a Giropay Casino

First, you need to find an online casino that accepts Giropay as a payment method. If you are unsure, choose a trusted Giropay Casino from our list.

Step 2: Sign Up/Register

Create an account at the chosen online casino if you don’t already have one. Provide the required information and complete the registration process.

Step 3: Visit the Cashier/Banking Section

Once you’re logged into your casino account, navigate to the cashier or banking section of the website. This is where you can manage your deposits and withdrawals.

Step 4: Select Giropay as the Payment Method

In the cashier/banking section, locate the deposit or payment options and select Giropay as your preferred method. You may need to scroll through the available payment methods or choose a specific tab for bank transfers or online banking methods.

Step 5: Enter the Deposit Amount

Specify the amount you wish to deposit into your casino account. Ensure that the amount falls within any minimum or maximum limits set by the casino.

Step 6: Choose Your Bank

A list of participating banks will be displayed. Select your bank from the options provided. Only banks that support Giropay will appear in the list.

Step 7: Redirected to Online Banking

After selecting your bank, you will be redirected to your bank’s online banking platform. This is where you will complete the transaction securely.

Step 8: Log In to Your Online Banking Account

Enter your online banking credentials, such as your username and password, to log in to your bank account. The exact login process may vary depending on your bank’s interface.

Step 9: Confirm the Payment

Once you have logged in to your online banking account, the payment details, including the recipient and the amount, will be pre-filled. Review the information to ensure accuracy. Follow the prompts to authorize the payment, which may involve entering a TAN (Transaction Authentication Number) or using another authentication method specific to your bank.

Step 10: Transaction Confirmation

After confirming the payment, you should receive a confirmation message or notification within your online banking interface, indicating that the transaction was successful.

Step 11: Casino Account Funding

Once the payment is confirmed, you will be redirected back to the online casino’s website. The deposited funds should now be available in your casino account, allowing you to start playing the available games.

About Giropay

Giropay has a long history that dates back to the early 2000s. Founded in February 2006 as a joint venture between Postbank (now Deutsche Bank) and the German savings banks association (DSGV), Giropay aimed to provide a secure and efficient online payment solution for Germans.

Built on the existing German online banking system, utilizing the established infrastructure and trust of German banks, Giropay was able to establish a seamless integration leading to widespread adoption.

In collaboration with several major German banks, including Deutsche Bank, Commerzbank, and Postbank, Giropay was able to ensure broad coverage and accessibility for Germans. Gradually, more and more banks signed up to using Giropay creating an extensive reach among Germans.

Germans were drawn to using Giropay mostly because of the security of online transactions that it offered. By redirecting users to their own bank’s platform, Giropay could ensure a safe and secure environment for customers. Authorization of payments remained solely within using their trusted banking credentials and authentication methods without the need of any third party getting involved.

Extending further, Giropay was able to integrate its payment solution with various online merchants, including e-commerce platforms and service providers. This allowed customers to use Giropay for making purchases and payments across a wide range of online businesses.

As a result, Giropay quickly gained popularity in Germany due to its convenience, security, and the trust associated with established banks. With many merchants starting to accept Giropay as a payment method, Giropay’s popularity exploded in popularity.

With the advent of mobile devices, Giropay expanded yet again into the world of mobile banking apps. With a responsive web interface and compatibility across many devices, Giropay offered an unparalled convenience that no other payment method could offer in Germany.

In 2014, Giropay joined forces with Paydirekt to solidify its position as the number one payment method in Germany. This collaboration allowed Giropay to completely dominate the German e-commerce market and provide customers with more payment options.

Currently, Giropay is one of the leading online payment methods in Germany. It is widely accepted by numerous online merchants, including e-commerce websites, utility providers, and, of course, online casinos.