Best 10 GiroPay Bookmakers for 2024

GiroPay is a German-based online payment method owned by GiroPay GmbH and partners with over 1,500 banking institutions. Founded in 2005 and launched in February 2006, it facilitates quick, direct bank transfers with PIN and TAN. Unlike traditional bank transactions, customers don’t need to wait for a receipt because the money is available immediately after a successful transfer.

Most Giropay betting sites accept players from Germany and Austria. More than 40 Million users are from the two European nations. Thanks to the high level of security that GiroPay offers, about 16% of online transactions in Germany happen via this payment method.

Best 10 GiroPay Bookmakers for 2024
How to make a deposit with GiroPayHow to make a direct deposit with GiroPayHow to make a withdrawal with GiroPay?
Thando Dlamini
Written byThando DlaminiWriter
Researched byMatteo BianchiResearcher
How to make a deposit with GiroPay

How to make a deposit with GiroPay

Bettors looking to fund their bankrolls with GiroPay only need a bank account that allows internet banking. The bank account must be set up for the transaction authentication number. Payments from banks to betting sites through GiroPay are instant.

Connecting Giropay to a bank account

Banks that partner with GiroPay provide users with the same experience as the banks’ internet banking portals. It is like a banking app extension that verifies transactions by PIN and TAN. Popular banking partners include Sparkasse and cooperative banks.

How to make a deposit with GiroPay
How to make a direct deposit with GiroPay

How to make a direct deposit with GiroPay

To deposit at a betting website, the player picks their preferred bank and connects to GiroPay through a secure banking environment. After logging in, they can access the bank account and the available funds. TAN comes in to create a pre-filled transfer.

The deposit is approved once the customer enters the PIN or the account number. The exchange of this sensitive data happens between the customer and their bank without involving the gambling website. The bank authorizes the payment in real-time after deducting the money from the client’s bank account.

Then the betting site receives the same amount and a real-time confirmation from the bank. The player also gets a confirmation message that their deposit was successful.

Daily deposit limit for Giropay

GiroPay allows online payments of up to €10,000 per transaction. The liability of deposits exceeding €10,000 remains with the merchant (gaming operator). The daily maximum transferrable amount is €50,000. But these limits could be lower or higher on the gambling site.

Deposit with mobile

For mobile transactions, the user needs to register through their smartphone. There is no GiroPay app though payments can be processed through mobile browsers with the same high-security standards as the desktop version.

Data protection is top-notch when using a safe banking provider like Sparkasse. The compatibility of GiroPay mobile differs from bank to bank. Some internet banking pages are optimized for mobile, while others are slower on small devices.

How to make a direct deposit with GiroPay
How to make a withdrawal with GiroPay?

How to make a withdrawal with GiroPay?

Winnings cannot be transferred to a GiroPay account. The player should use their personal bank accounts when requesting a payout from a betting site. Usually, the funds are transferred immediately to the chosen bank.

Most gaming operators do not charge GiroPay players withdrawal fees. However, some banks may charge a fee, depending on the amount that has been cashed out.

Daily withdrawal limit at GiroPay betting site?

The maximum withdrawal limit is €50,000, but this may vary according to the bank in use. Usually, when a player uses GiroPay to service their bets, the platform will remember this selection.

For safety, the betting provider directs withdrawals to the most recent bank used to fund the account within 12 months. If the customer wishes to use a different bank, they will have to delete the former from the wallet.

What are the processing times?

Once the bank account is connected and a transaction initiated, the player can instantly cash out their winnings. Most gaming providers do not charge for withdrawing.

Can I withdraw on mobile?

Yes. Though GiroPay has no software application for mobile, users can log in to their internet banking through mobile devices that their gambling platform suppor

How to make a withdrawal with GiroPay?
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Thando Dlamini
Thando Dlamini
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Thando Dlamini, a vivacious 22-year-old from South Africa, seamlessly blends her love for the vibrant world of online casinos with her meticulous localization skills, making the digital gaming experience truly South African.

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