Giropay

GiroPay is an excellent ecommerce payment option for those players with a German bank account. In fact, it’s been compared directly to a German debit card and essentially that’s exactly how it works. If you are using GiroPay, payment is a seamless ecommerce solution that players use in much the same manner as a debit card. You simply plug in your GiroPay information as a payment method in casinos that accept GiroPay and with GiroPay becoming more widely accepted in online casinos all over the world it makes this method of payment a very attractive one for players who are able to use it.

How to Use GiroPay

GiroPay enables players to pay easily, quickly and safely through an online transfer from their bank or building society. To use GiroPay, players need to choose this method of payment as their preferred method in the cashier section of the casino. Players are automatically directed to the online bank and they log in to their bank account, where they will see all the details of the transaction, including the amount to be transferred. Players then enter a TAN (Transaction Number) to complete the transfer, and they are immediately provided with a confirmation that the payment has gone through. In real time, the casino receives approval from the bank that the money has been transferred.

Advantages of GiroPay

The most attractive feature of GiroPay is that it is considered one of the most secure methods around. All sensitive and personal information are kept safe and secure, and only shared between the player and the bank. So much emphasis is placed on security that GiroPay actually uses two stages in its security process through PIN and TAN numbers. The TAN essentially replaces the player’s signature and is considered a very effective way to combat cyberfraud.

GiroPay also uses 128 bit SSL encryption for the secure transmission of all data, while additional security features also exist such as confidential identification, etc.

The system is very simple to use and no extra registration is required beyond the initial process. The system is also practical and time saving, ensuring the fast delivery of services and the direct provision of funds.

Conclusion

GiroPay is an excellent method of payment if you are able to use it. Unfortunately at this time GiroPay is only able to cater to a small segment of the online gambling community. They are certainly worth watching, however, and even in their small area of the globe have been able to carve out a very specific niche in the ecommerce community.