Page updated on 08.05.2020

Giropay Payments for Online Casino Deposits and Withdrawals

GiropayFounded by the Sparkassen-Finanzgruppe and the cooperative financial group and Postbank, Giropay ↱ is a fast, secure and innovative payments solution available to over 41 million customers with German and Austrian online bank accounts.

They allow customers to make online payments over the Internet using a pc, tablet or smart phone - without registration! In fact, the only thing you do need is an online banking access personal identification number (PIN) and transaction number (TAN). There are over 1,500 banks and savings banks participating in the Giropay online payments system.

Pros:

  • transactions are fast and secure using a TAN, PIN and SSL encryption
  • less susceptible to fraud since there’s no need to enter credit card details
  • there are no fees
  • there is no need to register
  • winner of the eGovernment Computing Award in the category of e-Payment
  • allows more control over your spending since you cannot transfer more than is available in your bank account

Cons:

  • only available to customers with German and Austrian online bank accounts
  • it is not possible to make withdrawals from online casinos using this method

Online Casinos with Giropay Payments

Giropay is available in a number of online casinos. You can find our top picks here. These casinos have all been tested by us and they also have a great reputation with the players.

Casino Rating Highlights Links
Casino Lab 9/10 ♣ huge live casino game selection
♣ interesting casino design
♣ fast payment processing
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
King Billy 9.4/10 ♣ fast withdrawal processing
♣ very good bonus wagering terms
♣ Games on Desktop: 3500 | Mobile: 2500
♣ Casino, Live Casino
Casino Planet 9/10 ♣ Pay N Play Casino for Finland
♣ payments are processed fast
♣ low bonus wagering conditions
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Casoola 9/10 ♣ Bank ID for players from Finland
♣ payments are processed fast and reliable
♣ fair bonus wagering requirements
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Casino Gods 9/10 ♣ interesting game selection
♣ fair wagering requirements
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Kassu 9/10 ♣ payments are processed within 1-2 days
♣  varied game selection with many interesting games
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Sloty 9/10 ♣ good bonus conditions
♣ reliable operator
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Spinit 9/10 ♣ great game selection
♣ fast payments
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Casino Joy 9/10 ♣ 24h payment processing
♣  popular game providers
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Vegas Hero 9/10 ♣ Fantastic VIP-Experience
♣ many interesting games providers
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Casino Cruise 9/10 ♣ fantastic game selection
♣ fair wagering requirements
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Genesis Casino 9/10 ♣ fast payment processing times
♣ many promotions and tournaments
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Funbet 9.3/10 ♣ lots of sports betting options
♣ fair bonus conditions
♣ Games on Desktop: 1200 | Mobile: 800
♣ Sports betting, Casino, Live Casino
Mr Green 9.2/10 ♣ many promotions for casino, sports and live casino
♣ huge game selection from many developers
♣ Games on Desktop: 1700 | Mobile: 1200
♣ Casino, Live Casino, Sportsbook
Pelaa 8.7/10 ♣ Pay N Play for Finland & Sweden
♣ trusted operator
♣ payments are processed fast and reliable
♣ Games on Desktop: 1300 | Mobile: 800
♣ Casino, Live Casino
Spela 8.7/10 ♣ Pay N Play for Finland & Sweden
♣ bonus wagering requirements and terms are fair
♣ operator has a good reputation
♣ Games on Desktop: 1300 | Mobile: 1000
♣ Casino, Live Casino
Casumo 8.4/10 ♣ fantastic game selection
♣ around the clock support
♣ Games on Desktop: 2000 | Mobile: 1500
♣ Casino, Live Casino
Dunder 7.6/10 ♣ withdrawals are processed very fast
♣ mobile casino is easy to use
♣ Games on Desktop: 2400 | Mobile: 2000
♣ Casino, Live Casino

How Giropay works?

Similar to Sofort, Giropay is accessed from the user's familiar online bank. Customers use a PIN and TAN to confirm their transaction. Since the transaction is performed via the online banking website, you are assured that your level of security is as effective as the respective credit institution that you are using.

There may be no need to use a TAN on transfers of €30 or less which makes transferring smaller deposits to your online casino player account even easier. Giropay verifies your bank balance and within moments sends the payment to your online casino player account. Your bank account is only debited once it has been processed at a later time.

Giropay deposits at casinos

Making a deposit using Giropay is easy. You need to go to the payment section of your online casino and specify Giropay as the deposit method. You also need to indicate how much you wish to deposit and enter the BIC and IBAN before logging into your online banking account. Your bank balance will be verified to ensure you have sufficient funds and assuming that all is in order the transfer will be made in a matter of moments.

Giropay fees

Giropay is absolutely free to use by the online player since the costs are borne by the online casino. While the casino may choose to pass on these costs to you the player, it is unlikely given the competition for players.

Summary

If you hold an Austrian or German online bank account, Giropay may be an excellent option for you to transfer funds into your online casino player account. This is because it is free, fast and safe and secure. The big drawback with this method of course, besides not being available to players in Britain, Canada, New Zealand or other countries, is that it is not possible to withdraw funds from your online player account meaning that you'll have to use another method such as a bank transfer which is relatively slow and expensive.

FAQ

A deposit with Giropay is instant and processed within moments. Once the payment has been accepted by the provider, you can start playing your favourite casino games.

Unfortunately, Giropay cannot be used to withdraw funds from your online casino player account so you’ll have to consider another option such as a bank transfer which also means that it will take longer to withdraw your funds as this can take between three and five days.

What makes this payment method safe for the user is that transactions over €30 have to be confirmed with a bank transaction number and corresponding pin, so as long as you keep your banking information safe it can't be compromised through the company.

The company safeguards their user's information and warrants not to disclose personal information to unauthorised third parties. Transactions are also secured through SSL, making them safe to use online. Since the company has been around since 2005, they have proven to be a serious and legit payment provider.

If players from your country are offered an online casino bonus on the deposit, you can also claim this bonus with a Giropay deposit. Sometimes, casinos exclude some payment methods from bonus money eligibility, but Giropay is usually not one of them. In any case, take a look at the bonus terms to find out more.

The payment method Giropay is offered by the German company Giropay GmbH. They are supervised by the German financial supervision authorities.

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