Created By Germany's Leading Financial Institutions
With a focus on safety and
convenience, giropay
represents Germany’s
primary online payment
method for bank clients.
With each giropay purchase,
the funds are instantly
transferred from the
consumer’s bank account
and the merchant receives their
funds.
With a market size of over 82
million people, giropay
represents a significant
portion of Germany’s online
payment traffic. Giropay is
supported by more than
1,500 German banks and is a
popular acceptance method
for merchants, because it
gives their German
customers a quick, easy to
use and secure online
method to pay for goods and
services via their own bank
account.
With giropay merchants are
guaranteed their funds and
they will greatly benefit from
not having to deal with
chargebacks or reserves. In
addition, giropay is an
excellent alternative
payment method that can be
offered to those consumers
that do not have or desire to
use their credit card online.
Consumers feel comfortable
and secure because their
payment is facilitated by their
own bank. Furthermore, a
giropay transaction is free of
charge for the consumer, and
their transaction history and
payment details can be
viewed in their own banking
reports.
How giropay Works
Product Description
Bank Transfer
Product Process
Upon purchase, funds are directly debited from the consumer's bank account.
Countries Supported
Germany