Best GiroPay Bookmakers 2021
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GiroPay – Available Only in Germany
GiroPay is an online banking payment method that allows you to quickly and effectively pay online through your own bank and is used to fund your online account on the best sports betting sites, in addition to its primary function – paying for e-commerce products and services and at bookies. The payment system has been operating since 2006. GiroPay can only be used by the residents of Germany. Nearly 70 % of commercial banks in this country accept this service, while GiroPay has a reach of more than 35 million German online banking customers.
Choose the Bank From the List of Those Supported by GiroPay
How to register and verify a new GiroPay account? Once choosing GiroPay as a payment option, customers choose their bank from the list of banks supported by GiroPay. After the choice is made, the customers log in to the online banking environment. There, the customers review the payment details. If everything is clear and correct, the customer authorizes the payment. After the authorization, the customer receives an immediate confirmation to proceed with the transaction. It is not hard to fund a GiroPay account. The procedure is effortless when you follow the next steps:
- Enter https://www.giropay.de/
- Choose GiroPay for buyers
- Select “Activate Paydirekt”
- Select “New? Unlock now for free”
- Choose your bank from the drop-down list
Depending on your bank, the procedure may be different, but typically after the last step, you will be redirected to your online banking to proceed. The payment will take place like a bank wire transfer and the amount will be available immediately.
The Payment Method Exudes Security
The procedure of depositing on GiroPay betting sites is considered rather easy and contains steps on the list that follows. All you will need is your Internet banking login details. First, visit your preferred GiroPay sportsbook and log in to your account. Then, choose the “Deposit“ option and select “GiroPay“ as your payment method. Enter the amount you want to deposit and click “Deposit“ or “Confirm“. You will be redirected to the GiroPay website. Once there, you need to choose your online bank. After that, you have to complete the PIN and/or your TAN (Transaction Authorisation Number). Once you have confirmed the transaction, the funds will be in your betting account instantly.
Unfortunately, GiroPay cannot be used as a withdrawal option at bookmakers. Instead, you will likely have to make a withdrawal via bank transfer or by using e-wallets such as PayPal or Skrill. The nature of the payment method exudes security because you make your payment in the environment of your own bank.
Currently, the payment is only available for residents of Germany. To be able to use GiroPay, a user needs to have a German bank account. GiroPay has cooperation with over 1,500 German banks.
Using GiroPay is free. You can proceed with any transaction on GiroPay gambling sites without any extra charges. Nonetheless, when you fund your account or make a withdrawal, your bank may charge you an amount on each transaction.
Technically there are no limits on how much money you can deposit via GiroPay; there is, however, a matter of personal safety. GiroPay will only guarantee transactions up to €5.000; so, if you plan to make a larger deposit, it is best to break the amount into smaller ones.