Giropay is an online payment solution for residents of Germany. Unlike most payment processors on the Web, Giropay uses a direct banking interface rather than an e-wallet interface. Their services are available through a number of major German banks, making Giropay a popular method for depositing into online casinos for German players.
Checking Your Bank
Giropay makes it easy to see if your bank account is eligible for their services. To determine whether you can use Giropay to deposit into over 50 online casinos, go to the official Giropay website. Look around the site for the bank lookup feature, where you can enter your bank's information and see if it is in their database. Judging from the lack of just a normal list of banks, we assume the number of participating banks is quite large.
Depositing with Giropay
Once you have determined your bank is in the Giropay network, you can begin using them to make a deposit into any online casino that offers Giropay as a banking method. To begin, log into the casino you wish to make a deposit at, then head into the cashier. Enter the amount you wish to deposit and select Giropay as your desired payment method. Enter your bank number in the box to be redirected to your bank's site. From there, the transaction is conducted directly from your bank account. The entire process happens in a matter of seconds, and at no point do you have to disclose any of your private banking details to a third party.
Advantages of Giropay
If you're a German online casino player, Giropay should definitely be one of the first options you consider when determining how to fund your gaming balance. The levels of convenience and security it offers are virtually unbeatable. Through their services, you are able to deduct an amount directly from your bank account and have it in your casino balance in just a few moments. The best part, of course, is that Giropay does not require you to furnish any sensitive information.
Of course, Giropay has the added benefit of being absolutely free to players. Their business model relies upon fees they place on the casinos instead of customers, so you will be able to enjoy 100% of all funds you spend on online gaming.
Disadvantages of Giropay
Because Giropay is so easy to use, it's a pity that they are only available to players who hold accounts with certain German banks. However, residents of some other countries do have some similar services available. Check out some of our other deposit method reviews for more information.
Another big downside of using Giropay is the fact that it cannot be used to withdraw out of your online casino account. As such, you'll need to find another way to get any winnings cashed out. We recommend discussing this with a casino support representative beforehand to avoid unnecessary wait times.