Giropay Payment Method Casinos

Best Online Casinos Accepting Giropay Payments

Last Updated on 26/01/2023

Last Updated on 26/01/2023

1
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35x B + D
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35x B + D
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35x B + D
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Curacao
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35x B + D
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50+
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Curacao
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35x B + D
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10+
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120+
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Curacao
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100+
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Curacao
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35x B + D
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15+
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100+
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94+
Wagering Requirement
35x B + D
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31+
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2 Working Days
Casino License
Curacao
Bonus Code
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35x B + D
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94+
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Casino License
Curacao
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4.8
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85+
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35x B + D
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800+
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1-3 Working days
Casino License
Curacao
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35x B + D
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800+
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85+
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1-3 Working days
Casino License
Curacao
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70+
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35x B + D
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10+
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1-4 Working Days
Casino License
Curacao
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Not required
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35x B + D
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10+
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70+
Payout Time
1-4 Working Days
Casino License
Curacao
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LegendPlay Casino

100% Up to €500

4.6
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80+
Wagering Requirement
35x B + D
Jackpot Slots
10+
Payout Time
1-4 Working Days
Casino License
Curacao
Bonus Code
Not required
Wagering Requirement
35x B + D
Jackpot Slots
10+
Game Providers
80+
Payout Time
1-4 Working Days
Casino License
Curacao
LegendPlay Casino has a good VIP program, a wide range of payment methods, and an intuitive design responsive for all devices!

Last Updated on 26/01/2023

What is Giropay?

Giropay Payment MethodGiropay is an online casino payment method that helps you make secure transactions. Online casinos are adopting this payment method because users take it to be safe. It also makes online casino transfers easy and quick. One of the reasons users prefer this payment method is that it doesn’t require them to register separately.

In this article, you will find valuable details on Giropay online casinos. We will talk about the advantages and essential factors you need to consider when choosing Giropay online casinos.
So, let’s dive in.

How Does Deposit and Withdrawal Work with Giropay?

Giropay is one of the best banking methods if you are looking for quicker transactions. The payment method is directly correlated to your bank account. But if your bank doesn’t Giropay, you will not be able to use the service. Let’s look at the steps you must follow to deposit at Giropay online casinos.

Sign Up at a Giropay Casino

The first step is to look for the best Giropay Casinos. Once you find one, register for it using your details. During the deposit process, you have to choose a particular currency.

Deposit Money into Your Account in a Giropay Casino

The next step is to deposit money at Giropay casinos. You must go to the ‘Banking’ or ‘Cashier’ page and choose ‘Giropay’ as the deposit method. Select a bank that you have an account with. It will redirect you to the bank’s login page. So, you will notice a page that asks for details to proceed.

Log into your account, where you will find the transaction details. The bank will send you a TAN authentication code through an SMS or app. insert this code to complete the authentication process. You will be redirected to the Giropay casino when the code has been accepted.

The money is transferred to the casino account immediately. So, you can now use the fund to play the games you like.

Pay Out Your Winnings to Your Bank Account

You will have to choose another banking method to get your winnings to your bank account. This is because the payment method can’t be used for withdrawals. However, it would be best if you did not worry because there are many payment options available at Giropay casino. So, you can choose a method to send your wins directly to your bank account.

However, if you are choosing credit/debit cards or direct bank transfers, it can take a few days to receive your wins.

Advantages of an Online Casino Giropay

Many benefits come with playing at Giropay online casinos. This guide aims to offer more information to help you make a decision. While doing our research, we have discovered many benefits of playing at GiroPay casinos.

  • Popular and Powerful

The best thing about Giropay casinos is that they are simple and easy to use. It is a fast-paced world that is driven by digital technologies. This increases the expectations that people have. Thus, Giropay has developed a relative niche in the Austrian and German money transfer markets.

If Giropay widens its horizon to Europe or the rest of the world, it can make it a global phenomenon in the iGaming industry. However, that is still to see. The iGaming industry is competitive and each payment method has its weaknesses and strengths.

Nevertheless, Giropay is a popular payment method guaranteeing players 100% of their deposits. It is famous for faster transfers and free transactions.

  • No Waiting Around

It is quick, reliable, safe, and practical. However, the most considerable benefits for Giropay users are that there is no waiting time when you are using it. Instead it is instant, and you can get your wins from a great game collection within no time.

Apart from quick transfers, Giropay is efficient with its verification process. Whether they are checking for age or verifying your online account, Giropay has a simple process. With your TAN and PIN codes, your bank account can easily verify your identity and age. It is called the Giropay-ID.

So, it doesn’t require visual verification. The Giropay casino will send you a cent that contains the code on the bank account statement. Then you can use and enter the code with the online shop to verify your account. When you enter the code, the casino and bank will verify your account, and you will be ready to play.

  • Fees

When you are making a transaction at an online casino, you need to take a look at the fees you might have to pay. The fees can often be a decisive factor when it comes to selecting a certain banking method. The best thing about Giropay is you can use it for free.

Nevertheless, it would be best if you get in touch with your banking institution to process fees. If you choose Giropay casinos, your transactions are generally free and instant. Giropay in comparison to other payment methods, the fees associated can help differentiate one from the other.

  • Security

Giropay makes sure that you can get straight into the action. However, it can also ensure that you play in a secure environment. Since you are interacting with your reliable banking system and bank, the same security policies will be applicable.

Giropay casinos use AES 256-bit encryption. It helps in securing the transactions you make. Moreover, the two-layered authentication system offers additional security. Also, you don’t have to worry about sharing your data.

This is because Giropay doesn’t request sensitive details by telephone or email. If you receive any text or call asking you to share your details, you should take it as suspicious. The idea of personal data is also relevant when it comes to protecting data. As less data is shared, there is a lesser risk. Moreover, using fewer sites can also reduce your risk of being exposed to cookies.

  • Complete Anonymity

Online casino players prefer payment methods that don’t require them to reveal too many details to the online casino or anyone else. Indeed, who would like to share anything more than they have to? Giropay is ideal when it comes to this. That’s because it offers complete anonymity. So, the banking data you share will remain safe. Hence, it will not be shared with anyone.

Disadvantages of Giropay Casinos

What’s unfortunate is there is always going to be something negative. This is also the case for this online casino deposit method. However, the good thing is there are not many disadvantages. We are going to take at the few that it has.

  • Not Extensively Available

The main problem is that Giropay casinos are not widely available. At present, only Austrian and German players can use it to make payments at an online casino. So, people in other corners of the world will not be able to use it and choose some other payment method. But it is an excellent option for German players.

  • No Withdrawals Available

Another significant drawback of Giropay is that you will not be able to use it to withdraw. So, if you win and have to withdraw your funds, you have to use an alternative payment method. You can use direct bank transfers, debit/credit cards, and eWallets to withdraw your money.

It remains to be seen if things will change in the future. However, for this, it is efficient only for depositing. If you are a German or Austrian resident, you shouldn’t take these as real disadvantages.

Current Online Casino Giropay Provider

Giropay was established in 2005. With time, it has become a prevalent method for making online transactions. Fiducia & GAD IT AG and Star Finanz GmbH are the founders. They have come up with a secure and innovative payment solution.

The fact that many companies use Giropay is a sign of its success. More than 1500 companies use the payment service, reaching 85% of the market in Germany. But with the current PSD2 interface, it reaches close to 100%.

Unlike the other casino payment methods, you don’t have to create an account at the casino or register your details. All you have to do to make payments is just use the details and the platforms you already have. It enables you to stick to familiar online banking surroundings. Also, Giropay can add a protective layer to your transaction.

Once you choose Giropay casinos, you will be redirected to the login page of the bank. The banks will authorize the transaction once you enter the login details.
The transaction takes place between the bank and the customer. So, no third party is involved in it. You need the TAN confirmation. It is generally a code from the bank app for an SMS. Just enter the code and all set to make your transactions at Giropay casinos.

Giropay Fees and Transaction Limits

In most cases, online casinos don’t charge a fee for the deposits you make through Giropay. However, you have to remember that many banking facilities might charge them a fee for the transaction you are making using this payment method. Undoubtedly, the fee you must pay will vary from one banking institution to the other.

Hence, you should check with your bank and ask for more information on transactions from its representatives. Usually, it depends on the amount you deposit, and the cost might be 0.9%-1.2% of the money you are transferring to the casino account, along with a flat fee of €0.80 per transaction.

As Giropay is connected to your bank account, there is no limit on the number of transactions you can make using this payment method. However, when it comes to the amount, you can transfer up to €15000 each time. This limit is much higher, and an individual need not worry about it.

Giropay Online Casino Bonus

Giropay casinos are like any other online casino out there. Thus, players will find casinos offering many bonuses and promotional offers. If you plan on playing in Giropay casinos, look at the bonuses you can take advantage of.

  • Welcome Bonus

The welcome bonus is one of the most popular bonuses of Giropay casinos. It is for all players signing up for the casino for the first. It is a way of rewarding the customers. More often than not, these are deposit bonuses. So, you get a percentage of the money you deposit at the online casino. However, it comes with a validity period and wagering requirements that you must fulfill.

  • No Deposit Bonus

If you are lucky enough, you will come across a Giropay casino that provides you with a no-deposit bonus. It is exactly what it sounds like. With this, you will not have to deposit to claim the bonus. As soon as you register at the casino, you will be rewarded with a bonus.

You can win free cash or free money. If the casino offers free cash, the amount is usually very small. However, you need to keep in mind that the bonus comes with a wagering requirement, too.

  • Free Spins

Giropay casinos also offer free spins to their customers. It is one of the best bonuses in an online casino. Free spins are perfect for you if you are a slot lover. You will have to make a minimum deposit to claim the offer. Also, you must remember that the free spins that the online casino offers are only applicable to chosen slots. The free spins also come with a wagering requirement that you must fulfill within a limited time.

The free spins are sometimes provided as a part of the welcome bonus. But you can also win them separately as a weekly or loyalty bonus. Some online Giropay casinos will offer free spins whenever they publish a new online slot.

They do it to attract more players for the new slot game primarily. For instance, if a casino offers 10 free spins on new slots, you can use it to familiarize yourself with the new game. However, a few casinos provide free spins to players regularly. This is the best offer you can claim if you are a slot fan.

  • Deposit Bonus

A deposit bonus is the most common offer by online casinos. You will notice that all gambling sites provide a welcome deposit offer to their new players. Simply put, any bonus that online casino players win because they made a deposit is the deposit bonus.

So, you can win this on your first-ever deposit or whenever you top up your account. The deposit bonus size and the wagering requirement might vary. Hence, it is crucial to study the bonus before you claim it.

  • Reload Bonus

A reload bonus is given out to existing players of the online casino. You can claim them after you make the first deposit. So, you win this when you add more money to your account. The second and third deposit bonuses come under reload bonus. It is mainly to convince the customers to keep playing on the site.

Even though online casinos offer multiple reload bonuses, not all are worth claiming. A few are for trapping unsuspecting customers to claim shady deals. This can be more harmful to you. Thus, make sure that you read the terms and conditions.

  • Cashback Bonus

Cashback is a kind of bonus that gives back some of your losses. Usually, it is given out regularly. You don’t have to make additional deposits to claim the bonus. You can also categorize it as a no-deposit bonus.

For instance, an online casino can provide you with cashback every week. So, you receive a percentage of losses when participating in the promotional offer. Cashback trims your losses and lets you stay in the game.

When you participate in the cashback offer, it will not cost you any money. It is just free money that you get back when you incur a loss. The rules for the cashback vary from one Giropay casino to the other. A few sites only provide promotional offers on specific games.

  • Loyalty Bonuses

Loyalty bonuses are offered to all loyal players of the online casino. Usually, these bonuses are for players when they reach a certain milestone in the casino. It is a reward that is available in all shapes and sizes.

However, it depends on the action of the players. You can win loyalty points can collect. When you have a certain number of coins, you can exchange them for real money to play.

Online Casino Giropay in the Future

At present, the number of online casinos offering Giropay might be a little limited since they are only available to German and Austrian players. However, the banking method’s popularity is only growing. So, the number can increase in the time to come.

The regulation relaxes restrictions on gambling. Hence, it will allow more casinos and players to accept it.

Alternatives to Online Gambling Giropay

Do you want to learn more about a specific payment method? Apart from Giropay, other methods exist to deposit and withdraw money from an online casino. Let’s check them out.

 FAQ

Giropay doesn’t charge any fee to its users. But the casino where you are playing might charge you a certain fee.

To be eligible for Giropay, you simply need to have an account with a German bank that supports the system. You have to cater to the eligibility requirements to sign up.

The maximum transfer limit is €15000 but individual banks can impose their limits.

Vladimir Janevski
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