Why Should You Pay With GiroPay at Online Casinos?
GiroPay is a company established initially in 2006 in Germany as a joint effort of several German and Austrian credit unions that strived to offer a fast and secure payment system. Right now, GiroPay has come a long way, connecting over 1500 banks and credit unions with multiple online vendors and over 17 million users.
This payment service functions as a middleman like many other payment systems and it is connected to your bank account just like credit debit cards. However, you don’t have to provide any sort of banking or personal information when you transfer electronic money or make secure online payments.
Remember
Being able to send money without the fear that your sensitive data may end up with any third party is what brought GiroPay a large portion of its popularity, not to mention the small timeframes.
Being connected to your bank account, GiroPay can shorten a transfer from a couple of business days, which is the standard duration of a regular transfer to a matter of seconds or minutes.
How to Join GiroPay
Another reason why GiroPay is so popular is the fact that you don’t need any preliminary setup. You don’t need to head to your banking operators’ website or go through an intricate process of registration like you would do with a digital wallet or prepaid card.
Basically, you only need a bank account to be able to transfer electronic money at a GiroPay casino online or another online vendor. There is however one single condition to be able to use GiroPay. You will need to have your bank account opened at one of the 1500 German and Austrian banks connected by this payment system.
Deposit and Withdrawal From a Casino Using GiroPay
Online casinos GiroPay can be accessed right away as shown above without any need to register a GiroPay account and you can make online payments right away.
There is however one thing you need to keep in mind. For every transaction that exceeds €30, you will need to complete the Transaction Authentication Number to confirm your identity.
How to Deposit at Online Casinos Using GiroPay
With GiroPay, you can spend money or pay online and play from any device you prefer, whether it is a laptop, a PC, or a mobile device. Without any other ado, we have prepared a step-by-step guide on how to make a casino GiroPay deposit.
- Head to your favorite GiroPay online casino homepage and log in to your player account
- Navigate in the Cashier section and select GiroPay as a deposit method
- You will be prompted with a message to select your desired bank
- Enter the amount of cash you wish to deposit and follow the next instructions (For all deposits that exceed €30 you will have to complete the 2-factor authentication protocol)
- Since GiroPay deposits are instantaneous, expect to be able to play right away
How to Withdraw From a Casino Using GiroPay
Here is the withdrawal process where we will show you how to withdraw money from a GiroPay casino. This process is also simple as long as the specific casino operator allows withdrawals through GiroPay.
- Head again to your GiroPay online casino and log in to your player account just like you did for the deposit
- Navigate in the cashier section and select GiroPay as the withdrawal option if available
- Enter the amount of cash you wish to withdraw
- Follow the instructions shown after
- Confirm your identity with the 2-step authentication factor and wait for the money to be delivered to you
Pros and Cons of Joining GiroPay Casinos
Surely, GiroPay is a great casino payment method if you are a player living in Germany or Austria, however, GiroPay casinos come with a couple of drawbacks also which we will analyze in the table below.
PROS | CONS |
GiroPay is nowadays integrated with more than 1500 banks in Germany and Austria. This means that it is very easy to find a GiroPay casino if you live in this region | GiroPay is a geological restricted payment service being available only in two countries inside the European Union, Germany, and Austria |
Because it requires no additional setup or a dedicated account, GiroPay is very easy and simple to use even for beginners | GiroPay requires a bank account opened at one of 1500 banks. If you don’t have one, you can’t use this payment system |
All transactions done with GiroPay are very fast and casino deposits are instantaneous | If other casino payment methods like credit debit cards allow you an overdraft, with GiroPay you can only gamble the money available in your bank account. |
GiroPay employs the latest security features at work, including a 2-step authentication process for identity checks and completely hiding all your sensitive data | Because GiroPay is a geological restricted payment method, you can only make transactions using Euros, the official currency of the European Union |
GiroPay allows fairly high limits for both deposits and withdrawals of up to €5000 | If similar payment services are completely free, GiroPay is not and there is a fee of €0.08 plus 0.9% for each transaction |
GiroPay Casino Transfer Times
Fast transfers are what every gambler desires and that’s why GiroPay casinos are so popular nowadays. A normal bank transfer would usually take a couple of business days but with the integration of GiroPay, that time is cut severely.
Casino deposits done with this payment method are usually instantaneous however, when it comes to withdrawals things are never simple. The timeframes for withdrawals can vary from a couple of hours to a couple of business days depending on each particular casino operator.
How Secure Is GiroPay?
The security of the customer is a top priority for every single banking operator and financial system and GiroPay is no exception. This payment method comes with a 2-factor authentication process for each transaction to ensure complete fraud protection.
Also, coming in between your bank account and a specific online vendor like online casinos, GiroPay hides all your banking and personal information so no third party can have access to them.
How to Choose a Casino That Accepts GiroPay
Players from Germany and Austria have many reasons for joy because there are quite a few GiroPay online casinos available to them. If you don’t know which one to pick, here at CasinoFreak we have the answer and we are glad to be able to help beginners make their right pick.
Note
Besides our analysis, we believe that other real players’ reviews and ratings are also important so we have created the best casinos page where you can see which GiroPay online casinos have been in the top preferences.
If you are just starting out with a new account at a GiroPay casino, you should also look for a bonus. We know how hard it is to find sites that accept GiroPay deposits that also offer a no deposit bonus and that’s why we have the no deposit casinos page where you can see all the gambling websites that have a no deposit promotion ongoing.
Alternative Banking Options
GiroPay casinos are great, there is no doubt about that, however, the geological restrictions make a lot of players who live in other parts of the world seek alternatives.
Similar payment methods with the same benefits which also operate the same way can be encountered at Zimpler casinos, or, if you are looking to go a little off-track but still enjoy the same benefits you can turn towards e-wallet casinos like Skrill gambling websites.
If you are not sure which payment method is available in your area or you want to have more options to choose from, you can always take a look at out To see all the casino transaction methods available in your country, go to our all banking options page.
International Availability
GiroPay online casinos are only available in Germany and Austria, quite a restricted area for most players. Unfortunately, this is the biggest drawback of this payment method but, who knows, maybe in the future, the company will plan an expansion becoming available to users in other territories also.
Want to Play Right Away? Check Out All the GiroPay Casinos
To sum up, GiroPay is a great casino payment method if you are a gambler living in Germany or Austria. Its very high popularity is well deserved since it offers plenty of features but without being too costly.
Now that you have completely read our GiroPay review and you know everything it has to offer, just scroll back up, select one of these GiroPay casinos in our list and enjoy perfectly safe and fast transactions!