GiroPay is an online payment solution established in 2005. It’s based in Germany and was founded by several corporations including the German Savings Banks Group, Post Bank, and the German Cooperative Financial Services Network. Since its establishment, GiroPay has grown its customer base across the globe. They offer banking solutions to several industries, including the iGaming market. GiroPay has partnered with over 200 online casinos and has 1000+ registered users.
On this page, we are going to discuss what GiroPay has to offer to players. Also, we will look at the best casino sites that offer GiroPay as a banking option.
Who can use GiroPay Casinos?
GiroPay is widely accepted as a payment option in German. However, in 2014 they entered the Austrian gaming market when they partnered with Uberweisung- an Austria based eps.
So, for you to use GiroPay to fund your casino account, you must have a bank account with any of the eligible German banks. To find out if your bank is on the list, kindly visit the GiroPay website. However, if you don’t have a German bank account, there are lots of other payment options for you like PayPal and Visa.
Making a Deposit using GiroPay Casinos
After confirming that your bank account is in the GiroPay system, you can start using it to make your casino deposits. So, after you log in to your account, you will head over to the casino cashier page. Then put in the amount to deposit, and then select GiroPay as the payment option. You will then be required to follow the said steps like putting in your bank number. After that, you will be re-directed to your bank’s website, where the transaction will be finalized. Once the payment is completed, your funds will immediately be available for play.
German players should definitely consider using GiroPay at their online casinos. It’s very convenient as you are going to deduct the deposit amount directly from your bank account. That’s not all. There is no point in time when you will be required to share your private account details with a third party. So, it offers you a secure way of making casino payments.
Another advantage of using GiroPay is that it is free of charge. Therefore, you will be able to receive all your casino winnings when you use GiroPay. Their business model is that they usually charge the casino operators directly.
The most apparent disadvantage of GiroPay is that it’s only available to gamers who have accounts with the accepted German banks. Another drawback is that some online casinos don’t offer GiroPay as a withdrawal option. However, you can use bank transfer or other methods to withdraw your cash.
Having been in the iGaming industry for a long time, GiroPay has become the best payment option for online casino players. This is due to how secure and fast GiroPay is when making casino deposits. So, in conclusion, if you are a German or an Austrian player, this is the best payment option for you.