Giropay is a banking method that was established in Germany in 2006 by Postbank, a German savings bank, along with several banking institutions. The Giropay service combines the banking system of over 1,500 German and Austrian banks and covers more than 17 million customers.

The Giropay banking service enables more than one million payments each month in Germany alone, which makes it the second-biggest payment method in Germany. Making online payments with Giropay is based on the same principles as all other direct online banking methods and takes almost no time in processing transactions.

When either a German or Austrian players decides to sign up with an online casino, they have an option to choose Giropay as their preferred payment method in the casino’s deposit section.

The player is then redirected to a page where they choose a bank and fill out the online transaction form, approve the payment, and enter the TAN code, which is another great way to make sure the transaction as well as vital personal information is kept safe. The transaction is completed instantly and the funds are immediately available to play with.

A wide range of leading online casinos offers Giropay as one of their preferred banking methods as a way to pander to both German and Austrian players.

Top Giropay casinos make a special effort and usually offer players a chance to convert their funds without additional conversion fees, as well as a German language option, and the customer support in German.