Online Casino Giropay

GiroPay is quickly becoming one of the hottest online deposit method options hitting the online casino scene for players who hold a German bank account. This innovative and exceptionally secure online payment solution is rising up the ranks among the preferred online deposit methods at GiroPay Casinos. CasinoOnline.casino is a website that compares online casinos. We are dedicated to provide an overview so you can pick the best online casino. Our experienced team write guides on the best casinos and games on the market. You are always welcome to contact us with feedback, tips or other remarks.

Page updated on: 21.02.2021

Giropay ↱ is an instant banking method similar to Sofort. You can use this payment method at many online shops and also online casinos, and pay with an instant bank transfer, provided that the bank where you hold a current account, participates in the program.

This payment method is currently only available to users with a German or Austrian bank account. What makes this payment method interesting, is that bank transfers are carried out within moments. It usually takes a few days for a the money to reach the recipient with a regular bank transfer, but the transfer only takes a few seconds when Giropay is used.

This payment method is also safe, as it is not necessary to enter credit card data when the payment is made. Although your Online Banking login details are transmitted to the provider, it is not possible to use them for fraud, as transactions have to be confirmed with a unique TAN and data is transmitted through encrypted channels.

Advantages

• fast and secure transactions
• registration not necessary
• no fees

Disadvantages

• Online Banking login necessary
• cannot be used for withdrawals

Top Giropay Casinos in 2021

Find here the best online casinos that accept Giropay as a payment method. All casinos are licensed and you can find a full review for each operator, providing information about the games, bonuses and payments of the casino.

Showing casinos for players from Germany

*Bonus Terms apply and they can change any time.

How does Giropay work?

Using Giropay doesn't require a registration. As long as the shop or the casino offers this payment method you can select it. The company is a middleman between the recipient of the payment, and the bank. The payment is processed in a very short time, and your player account is credited immediately, but the actual bank transfer itself will take a few days.

Giropay charges the amount to your bank account, and pays it directly to the vendor or casino. Although your bank login details are transmitted, they are not saved with the provider.

Casino deposit with Giropay

If you want to use Giropay for deposits into your player account at an online casino, you will have to select this payment method first. You will then have to choose how much you wish to deposit, enter the IBAN and BIC, and then login to your Online Banking account.

Normally, the transaction will have to be confirmed with a unique transaction number, but this isn't necessary if the amount is lower than €30. Your account balance is confirmed and checked during the transfer, and depending on your overdraft limits, it may not be possible to spend a higher amount. This makes this method a good means to control spending, as it depends on your overdraft credit how much you can spend.

You also have to keep in mind that the name of the account holder of the bank account and the casino player account have to be the same.

Casino withdrawal with Giropay

Withdrawing money with Giropay from an online casino player account is not possible. As the transfer was made from a bank account, you will only be able to use a bank account for the withdrawal.

When requesting the withdrawal at the casino you can choose a Bank Transfer, and your winnings will be transferred to your bank account. However, this payment method is a little slower, as bank processing times can take up to 3-5 business days.

Conclusion

Giropay is a very fast and safe payment option that you can use for online bank transfers to online shops or casinos. It's convenient to not having to enter card data, and you won't have to endure long processing times of banks either. Payments are processed in only a few minutes.

Using this service is also free of charge. A disadvantage is however that it can only be used with participating Austrian or German banks. During the payment, your Online Banking login data is sent to the company, but it's not being stored there, making it a safe payment option. Having to use unique transaction numbers is another layer of added security.

Giropay FAQ

♦ Which currencies are supported with Giropay?

Giropay supports payments in Euro, and if you make a payment to another currency, conversion fees will apply, depending on your bank's policies.

♦ What are the fees for Giropay?

Giropay is usually free for the user, and the merchant carries the charges. In some cases online casinos transfer these charges over to their users. If this is the case you'll see applicable charges when making the payment. Payment information is also available in our casino reviews.

♦ How long does it take to send or receive money with Giropay?

Making a payment through Giropay service is instant, and will only take a couple moments. Once the payment has been accepted by your bank, it's credited to your casino player account and you can start playing the games.

♦ Can I use Giropay in online or mobile casinos?

You can find many mobile casinos with Giropay as a payment option. See our top picks here at CasinoDaemon.com, which include reviews with information about bonuses, bonus terms, payment terms and everything else that may be important to know.

♦ What are the minimum and maximum transfer amounts with Giropay in casinos?

The minimum payment to an online casino depends on the casino, but most casino websites accepts payments from as little as €10. The maximum can also vary, but Giropay instant banking allows for higher limits, often around €5000 per transaction. These limits are also affected by your bank's online payment limits.

♦ Can I get a casino bonus with Giropay?

Players from Germany are often eligible to receive an online casino bonus, and it's also possible to claim the bonus with Giropay, as the payment method is usually not excluded. It's important that you read the bonus terms as well, as these will provide information about restrictions and limitations.

Online Casino Free

♦ Is Giropay a safe payment method?

With Giropay you can make fast and safe online banking transactions. These types of payments are very secure, as a payment over €30 has to be confirmed with a corresponding unique PIN and TAN.

User data is kept safe at the company, and each transactions is performed via SSL-encrypted connections. It's also important to know that your online banking login data isn't stored at the company's servers. This means that you have nothing to worry about when using Giropay, and the long-standing good track record of the company proves that.

Giropay ranks among the most popular internet payment systems in Germany and Austria. It was introduced in February 2006 and is similar to other online payment solutions, such as the iDeal payment system in the Netherlands and the Canadian Interac. Giropay allows its customers to pay for internet purchases by using direct online transfers from their bank accounts.

The payment solution enjoys a great popularity among German casino players as well due to its convenience, security and efficiency. In fact, over 80% of the banks in Germany and Austria are affiliated with Giropay.

What is Giropay and How it Works?

Based on the principle of online banking, Giropay allows German and Austrian players to make fast, secure, and hassle-free deposits to their online casino accounts. The only requirement is to have a bank account at one of the 1,500 German or Austrian banks that are affiliated with Giropay.

One of the greatest advantages of using Giropay as a deposit method is that one is not required to register with an account at the payment solution’s website to process an online transaction. Of course, in order to use the Giropay service to make online transactions to their favourite web-based casinos, players do need to have an online banking account with a bank affiliated with the payment solution.

If you already have an online banking account, you simply need to select your bank and Giropay will redirect you to the bank’s online banking page. Then, you are required to enter your online banking details – your account number or online banking PIN.

With transactions that exceed the sum of €30, it is obligatory to fill in a Transaction Authentication Number or TAN in order to confirm the funds’ transfer and verify the age of the person initiating the transaction. The bank will then authorise the transfer and the funds will be sent to the online casino in real time. As Giropay is meant to be used by German and Austrian players, the only currency it supports is EUR.

Depositing at Online Casinos with Giropay

Processing a deposit to your online casino of choice via Giropay is quite straightforward and convenient. To boost your gaming balance, you simply need to sign into your online casino account with your log-in credentials and visit its Cashier or Banking section.

Then, you must enter the amount you wish to deposit and select Giropay as your preferred deposit method. You will be redirected to the website of your banking institution. If you want to make a deposit over €30, you will be asked to provide your TAN code to confirm the transaction.

Since transactions are carried out directly from one’s bank account, the funds are transferred immediately allowing players to start wagering with real money right away. Transactions of up to €5,000 are guaranteed which is great news for high-rollers.

Withdrawing Your Winnings with Giropay

Things are slightly more complicated when it comes to processing withdrawals as Giropay does not provide a withdrawal facility. The most convenient option is to initiate a withdrawal via a bank transfer. This means players, who have opted for depositing with Giropay will have to enter their banking details when requesting a withdrawal of their winnings.

Giropay Fees

In most cases, online gambling providers do not charge fees on deposits carried out via Giropay. Players, however, should keep in mind their banking institutions may charge them with a fee for transactions initiated with this payment method. Of course, the fees might vary from one banking institution to another so players need to check with their bank and request more information on transaction charges from its representatives. Generally, it all depends on the amount players deposit as costs can range between 0.9% and 1.2% of the transferred sum, in addition to a flat fee of €0.08 per transaction.

Is Giropay Secure?

Players, based in countries where Giropay is available, opt for using this payment solution because it’s considered very secure. First of all, when they transfer funds with Giropay, gambling enthusiasts are not required to disclose their personal and financial data to the receiver or in this case, to the online casino they play at.

Online Casino Giropay Casino

As Giropay is based on the principle of online banking, only players and their banking institutions have access to sensitive information, such as their PIN and TAN codes. Then again, Giropay utilises the latest SSL encryption in order to protect its customers and their transactions from fraudsters.

Advantages of Using Giropay at Online Casinos

Giropay is accepted as a payment method at all online casinos which welcome players from Germany and Austria and list German among their available languages. One of the biggest advantages Giropay has to offer is the fact transactions are processed in real time so the funds are transferred to players’ casino accounts in a matter of seconds.

Besides, players do not need to register with a Giropay account in order to use the service. The only requirement is to have an online banking account with their banking institution. As players exchange their financial data with their banks only, they are enabled to retain their anonymity and feel safe in the knowledge their banking information is not disclosed to any third parties.

Disadvantages of Using Giropay at Online Casinos

Players, who consider choosing Giropay as their preferred method of payment at online casinos need to take several things into account. The first and most important thing is that this online payment solution is available only to players, who have a bank account or a savings account at one of the banks affiliated with Giropay. In other words, Giropay can be used predominantly by players who are permanently domiciled in Germany or Austria.

Another drawback of using Giropay stems from the fact the payment solution supports only one currency, which is EUR. In addition, only deposits can be carried out via this payment method, so players will have to come up with another solution to cash out their winnings. On that note, once transferred (and this usually takes seconds), deposits cannot be revoked.

Conclusion

Giropay is a reliable payment solution, based on online banking and is widely used by casino players from Germany and Austria. The method allows for quick, simplified, and above all, secure money transfers and is accepted at most established online casinos which welcome German and Austrian players. Gambling enthusiasts, who opt for using Giropay as their method of deposit are instantly enabled to partake in their favourite casino games with real-money wagers as their transactions are processed in a matter of seconds.

Company Contact Details

Website:www.giropay.de
Registered office: Giropay, GmbHAn der Welle 4, 60322 Frankfurt, Hessen, Germany
Fax: +49 721 476 663534
Support telephone: +49 721 476 663544 (for customers); +49 721 476 663533 (for merchants)