GiroPay is a payment option that is directly linked to your bank account. It’s used in conjunction with your bank account internet banking function.
This payment system is only available in Germany and Austria. GiroPay launched in February 2006. It aims to improve the security and protection of users when performing financial transactions over the internet.
Details About the GiroPay Payment System
Most online stores, including online casinos, accept credit or debit cards as payment options. German and Austrian-based online businesses also accept GiroPay for payments. GiroPay is linked to a user’s bank account and internet banking function.
Using this system for payments (or deposits at online casinos) is quite lengthy and requires several steps. Firstly, you’ll have to indicate that you’re paying via GiroPay at the online store or casino.
Once you’ve done this, you’ll be directed to your bank’s login page and required to enter your pins and transaction verification numbers. The best part, however, is that the payment is authorized immediately.
GiroPay aims to protect your personal and financial information. It’s a secure payment option.
Fees and Commissions
GiroPay charges fees per transaction. The fee averages are based on the size of the transactions and start from approximately €.08 per transaction.
Deposit and Withdrawal Times
GiroPay can be used as a deposit method when playing at German and Austrian based online casinos. Unfortunately, it’s not an approved withdrawal method. Deposits with GiroPay occur in real-time and are immediate.
Support Work Quality
GiroPay is one of the most popular payment methods at online casinos in Germany and Austria. It’s linked to the internet banking functions of bank accounts and requires PIN and transaction verifications. These requirements make it very secure. GiroPay partnered with most banks and online casinos in Austria and Germany.
Mobile Versions and Applications
Globally, most financial institutions have mobile apps for their internet banking functions. GiroPay is a relay linked to internet banking, and therefore it’s compatible with most mobile devices. Users are, however, advised to make sure that their mobile banking apps support GiroPay.