The system is similar to many other specific country-targeted payment methods, including:
- The Dutch iDEAL payment system.
- The Interac Online service in Canada.
- Pagomiscuentas payment service in Argentina.
- Secure Vault payments in the United States.
- POLi in Australia.
- EPS in Austria.
Note: Within its first year of existence, GiroPay was used by clients to process 100 Euros worth of financial transactions.
Today, over 1 million financial transactions are being passed between accounts every day. The system that was initially shaped to target the German market, is also accessible to Giropay users in Austria and the Netherlands. There are over 1,500 local banks participating in the system.
Those looking for Giropay in the UK, USA, Canada, Australia and other countries will need to check for local alternatives.
So, what is Giropay in Germany, and how to pay with the option?
In order to use this system, you will need to be from one of the three countries to which it caters, and to have a bank account. You will then need to visit the official website (!!!) and set up an account.
This is a simple procedure with certain peculiarities, but once it is done, you will be able to transact from your Giropay account to other cards, e-wallets including PayPal. You will also be able to buy Bitcoin and a Paysafecard with Giropay, although if you are considering using it only for casino gaming, it is more logical to pick one of over 100 online operators compliant with this payment system.
In casinos for depositing
In casinos for withdrawal
Minimum Bank Wire deposit fee
Maximum Bank Wire deposit fee
Minimum Credit card deposit fee
Maximum Credit card deposit fee
Currency conversion fee
Limites: transaction min
Limites: transaction max