Using Giropay as a Casino Payment Method
What is Giropay?
Giropay is a highly popular and fast casino payment provider in Europe, particularly in Germany, the Netherlands, and Austria. It utilizes the TAN (Transaction Authentication Number) and PIN procedures commonly used in home banking processes. This secure and straightforward payment method is widely used for processing online money transactions. Discover the best Giropay Casinos by reading our comprehensive guide today!
Giropay has formed partnerships with various banks in Germany, the Netherlands, and Austria to offer its services to casino players in these countries. Transactions through Giropay involve the use of two standard banking elements: the PIN code provided by your bank and the TAN (transaction number) used to confirm the completion of a transaction.
Many merchants in Germany offer Giropay as an efficient e-commerce solution, guaranteeing payments of up to 5000 euros. Compared to using a regular bank account, Giropay eliminates the need for a financial intermediary to process transactions, making it more efficient. The payment process begins when you visit a website and select the item or service you wish to purchase. When choosing Giropay as the payment method, you will be prompted to enter a BIC code and follow the subsequent steps.
For instance, when players decide to fund their online casino accounts, they simply need to select Giropay as their preferred payment method. They will then be redirected to their chosen bank’s official website. After obtaining the transaction information, players only need to provide their PIN and account number to complete the transaction. The selected amount of money will be automatically transferred to their online casino accounts.
Experience the convenience and speed of Giropay for seamless online casino transactions.
About Giropay
Established in 2006 through a collaboration of over 1300 banks in Germany, Giropay has quickly become a prominent online banking system, representing more than 75% of the German market. It bears a resemblance to the iDEAL payment method, which has gained popularity in the Netherlands.
Giropay’s greatest advantage lies in its simplicity. Integration into an online casino or merchant’s website can be completed within hours, contributing to its rapid adoption. The only potential drawback of Giropay is that users need to have a bank account connected to the service. However, this is not an issue in Germany, as nearly all banks offer Giropay as part of their banking packages. Since Giropay utilizes banks’ transaction processors, users do not need to register separately, further enhancing convenience. Additionally, Buckaroo, a payment engine in the Netherlands, included Giropay as a payment method for online services in 2008, allowing Dutch consumers to benefit from a secure 128-bit SSL connection.
For consumers, Giropay offers a level of convenience comparable to using their bank’s online services for money transfers. The security of Giropay transactions depends on the individual bank and their security protocols, such as two-factor authentication, PINs, or TAN systems.
When using Giropay to deposit or withdraw funds from an online casino account, the credit card number or Giropay account number remains invisible to the casino operators. However, it’s important to note that refunds cannot be requested when using Giropay, which is another limitation of the system.
Top 10 Giropay Casinos
Bonus: Welcome Bonus package worth up to €1,500 + 100 Bonus spins. 18+. New Players only.
Min. Deposit: €20
W.R: 35x
Cashable: Yes
Bonus: Welcome package up to £1,000 + 100 Bonus Spins. 18+. New players only. Bonus: 1st deposit 100% up to £300 + 30 bonus spins (Reactoonz™), 2nd deposit 50% up to £500 + 50 bonus spins (Book of Dead™), 3rd deposit 25% up to £200 + 20 bonus spins (Legacy of Egypt™). Spins on specified games only. Bonus money is separate to Cash funds & subject to 35x wagering requirement. £5 bonus max. bet. Bonus must be used within 30 days, spins within 10 days, otherwise any unused will be removed. Only bonus funds contribute towards wagering requirements. Full T&C's apply.
Min. Deposit: £10
W.R: 35x
Cashable: No
Bonus: 100% up to £300+ 300 Free Spins on pre-selected games. 18+. New Players only. T&Cs apply.
Min. Deposit: £10
Max. Cashout: £100
W.R: 40x
Cashable: Yes
Bonus: 100% bonus up to £300 + 100 bonus spins
Min. Deposit: £20
W.R: 45x
Cashable: Yes
Bonus: Welcome Bonus package worth up to €3,000 + 100 Bonus spins. 18+. New Players only. Certain offers not available to UK players.
Min. Deposit: €20
W.R: 35x
Cashable: Yes
Bonus: 200% bonus up to €800 + 200 Bonus spins. 18+. New players only. Certain offers not available to UK players.
Min. Deposit: €20
W.R: 35x
Cashable: Yes
Bonus: 150% Welcome Bonus package up to €100 + 45 Free Spins on Hansel & Gretel
Min. Deposit: €20
Max. Cashout: €100
W.R: 30x
Cashable: Yes
Bonus: Welcome Bonus package worth up to £500 + 150 Bonus spins selected games. 18+. New costumers only. To be eligible to claim each stage of the Welcome bonus, players must deposit a minimum of £10 for each of the three deposit matches. Full T&C's apply.
Min. Deposit: £10
W.R: 30x
Cashable: Yes
Bonus: 100% bonus up to €1,500
Min. Deposit: €20
W.R: 33x
Cashable: Yes
Bonus: 100% up to €100 + 100 Bonus Spins. 18+. New players only. 100% Match on 1st Deposit. Min deposit €10, max bonus €100 & 100 spins. 30x wagering (Dep + Bonus), 30x on spins, 4x conversion. Selected slots only. Full T&C’s apply.
Min. Deposit: €10
W.R: 30x
Cashable: Yes
Using Giropay in the virtual world
Giropay is a highly popular online payment method in Germany, making it widely accepted on numerous websites. Many merchants across various industries include Giropay as a payment option to cater to a large customer base.
Using Giropay is simple. When you’re ready to make a payment for a product or service, just select Giropay as your payment method and follow the instructions after being redirected to Giropay’s official page.
Using Giropay in iGaming and Online Casino
If you reside in Germany, the Netherlands, or Austria, you have the convenience of using Giropay as a payment method in online casinos within these countries. The process is similar to any other merchant transaction. Simply ensure that your Giropay account is linked to your bank account and select Giropay from the dropdown menu on the casino’s payment page. Depositing or withdrawing money online can sometimes be perceived as risky, but you can trust that Giropay is one of the safest payment methods available. Explore HitListCasinos to find online casinos that accept deposits via Giropay today!
Funding your player account with Giropay
To utilize Giropay as a payment method, the first step is to register and verify your bank account with the specific online casino. Once completed, navigate to the “deposit” section of the website where you will likely find the Giropay logo displayed automatically. Alternatively, you may need to select Giropay from a list of available options. When choosing the desired deposit amount, you will be directed to your bank’s online page to confirm your details. It’s important to note that there are typically no fees associated with using Giropay to fund your casino account. Take advantage of generous welcome deposit bonuses and start playing today!
Cashing out with your Giropay account
Regrettably, direct withdrawals from your casino account to your Giropay account are not supported. Nevertheless, as Giropay is directly connected to your bank account, you can conveniently withdraw funds to your bank account. The process for withdrawing money from your online casino account is quite similar to making a deposit, with the only distinction being that you will need to provide your bank account details initially and follow the subsequent instructions to complete the withdrawal.
Giropay Pros and Cons
Giropay offers several appealing features when it comes to online casino transactions. Firstly, it provides a high level of security and protection, surpassing the security measures of regular bank transfers. Additionally, it enables instant transactions, eliminating the need to wait for extended periods to make a deposit.
Using Giropay is simple, as it does not require creating a separate Giropay account; having a bank account is sufficient. Furthermore, Giropay safeguards your personal information, which is crucial for many online players. When using Giropay as your preferred payment method, the charges from the casino will not appear in your bank account balance, ensuring no trace of your online casino or merchant transactions.
One drawback of Giropay is its limited availability, restricted to Germany, the Netherlands, and Austria. Residents of other countries cannot utilize this payment method. Another limitation is that you need to have a bank account with an affiliated bank to use Giropay. However, since most German banks are affiliated with Giropay, this should not pose a significant issue.
It’s important to note that using Giropay incurs transaction fees for each transfer. While the casino may not charge additional fees, Giropay itself imposes charges. However, these fees are generally reasonable, making Giropay a viable payment option to consider.
For comprehensive guides on other commonly used casino payment methods, explore our collection. These guides provide information on deposit and withdrawal requirements, optimal utilization strategies, as well as the pros and cons of each method. Enhance your gaming experience and become a more informed player today!
