UK’s Best Giropay Casinos

Why use Giropay at an online casino?

While there’s no doubt that traditional payment methods like debit cards are still the most popular amongst casino players, it’s clear to see that their heads are being turned by newer alternatives. Many of these players have decided to move with the times, using services that allow more secure payments to be made directly from online banking payment systems. Giropay is one such example, that is available to players that hold the following Germany bank accounts:

• Sparkasse
• Volksbanken Raiffeisenbanken
• Postbank
• Comdirect
• BB Bank
• MLP
• PSD Bank
• Deutsche Kreditbank AG

A lot of players turn to online payment systems like Giropay due to the extra layer of security provided. Using Giropay means that no sensitive information is shared with the casino, such as your debit card or account number. You simply sign in with your online banking details using a personal identification number (PIN) and authorise payments with a transaction authorisation number (TAN). The same can’t be said for traditional payment methods like debit cards.

The benefit of withholding such sensitive information is clear to see – if it’s not shared with a third party, it can’t possibly fall into the wrong hands. That’s why Giropay payments are said to be virtually risk-free. With over a decade of handling online transactions and millions of daily users, it’s hard to disagree.

Fees

Giropay does charge its users for transactions. The exact amount varies depending on how much is being transferred, but generally speaking, the fee for most transactions falls between 0.9% and 1.2%, plus a €0.08 processing fee. While this might not be ideal, you won’t exactly be breaking the bank by using Giropay – the banking fees are still a lot cheaper than some other alternatives.

In addition to Giropay’s own fees, some online casinos may add extra processing costs on top. This isn’t particularly common, but we’d recommend checking out the terms and conditions just to be sure.

Security

The level of security you can expect depends on the bank used. Some banks offer two-factor authentication (2FA), while others offer more simple banking services such as personal identification numbers (PIN) and transaction authentication number (TAN). Whichever method is chosen, using Giropay ensures no sensitive information is shared with the merchant.

Deposit bonuses

You might find that while some casinos do accept Giropay as a payment method, they disqualify deposits made with Giropay from claiming welcome bonuses. This isn’t a frequent occurrence, but it always pays to check before you part with your hard-earned cash. Welcome bonuses are only valid for your first deposit in most instances, so you wouldn’t want to miss out!

Our verdict

While it is unfortunate that Giropay doesn’t offer support for players outside of Germany, it certainly is a great option for German players. If you’re after a similar alternative, you’re sure to love Sofort. If you’re ready to deposit with Giropay and play, check out our list of top rated Giropay casinos – it’s packed full of casinos with the best games, welcome bonuses and promos!