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When it comes to making transactions in online casinos, gamblers have been using bank transfers for the longest time. Although secure, these bank transfers tend to be slow.
GiroPay is one of the few methods considered better and faster than bank transfers. This review will tell you all you need to know about them.
Best GiroPay Casinos
Back when online casinos started, there weren’t a lot of payment methods available on these platforms to facilitate financial transactions. As time went on, the need for a quicker means emerged due to the bulk of transactions exchanged between gamblers and casinos. Bank transfers, although secure, were slow and required a long processing time with a series of authorisations.
The new age gambler needs a system that processes payment with just a click. A system where their transfers are authorised in a few hours. Although there are a lot of payment methods that fit the bill, the issue of security was another important factor to consider.
It was introduced to the general market in 2005, allowing gamblers to transfer funds quickly and securely from their bank accounts. Currently, it is supported by over 1500 banks and has dedicated users in various countries of the world.
As casino gamblers, your security should be of utmost importance. You should be careful about your personal or banking details by using a payment method that cares about security. With GiroPay Casinos, you can enjoy high data protection with security firewalls and SSL encryption.
Transfers are also done within the financial confines of your banking institutions, so you don’t need to fear or worry about security compromises or breaches. GiroPay will also never ask for your PIN, TAN, or any other delicate information regarding your account. They are only interested in quick and secure payments.
Bear in mind that although authorisations would be carried out, transactions are still instant and would reflect in your account within a few minutes. GiroPay handles millions of transactions every month and has had over seventeen years of experience in this business. You can trust them to handle your casino finances.
How GiroPay Works
Gambling platforms are beginning to prioritise safety and convenience when making financial transactions. A convenient customer will be more inclined to make more payments and spend more time on the platform.
This is why GiroPay casinos are becoming increasingly popular in Germany and other countries of the world. If you are here, you’re probably wondering how GiroPay works in online casinos and how to use it to make transfers and withdrawals.
Before outlining all the steps, we would like to say that no one likes complications, so be aware that using GiroPay is simple.
If you follow the guidelines, you will be done within a few minutes and have your transactions authorised and processed before you know it. Here are the necessary steps needed to use GiroPay in an online casino:
As we mentioned, GiroPay has partnered with over 1500 banks across the world. To play at Giropay casinos, your bank has to be among one of the registered banks under this service. GiroPay works with your banking institution to dispense and transfer cash from one account to another, so the first step is to make sure your bank is affiliated with GiroPay.
Once you are sure that your bank is registered or affiliated with GiroPay, the next step is to choose a casino that accepts this payment system. It should not be difficult because many casinos are now starting to include this convenient system in their library.
If you are confused about which casino to pick, go through our above recommendation list to find GiroPay casinos that have been carefully vetted to be safe and reliable by our team of experts.
Once you have created an account with a Giropay casino of your choice, it is time to make a deposit. To do this, you need to find the cashier section of this casino, then click deposit.
After clicking this, you will be presented with a list of the available payment methods in the casino. Choose GiroPay.
Once you click GiroPay, you will be redirected to a page where you have to select your bank from a list of other institutions. From there, you will be taken to your bank’s login page, where you will need your PIN and account number to access your account.
Once you have entered your PIN and account number, the next step is to wait for your Transaction Authentication Number. This is an important step initiated by your bank to confirm your identity and make sure it is you who facilitates the transaction.
This TAN will come as an SMS, and it will be part of a form that you must fill out to verify and authorise the transaction. As soon as this is done, the funds are transferred straight from your bank account to your casino account.
The answer to this question would always be yes. As gamblers, you are entitled to a bonus from whatever casino you choose to join. There are thousands of casinos on the internet, and bonuses are a way of appreciating you for choosing that particular platform.
Giropay casinos are not left out. When you join a GiroPay casino, you may be entitled to several bonuses and promotions. Depending on the platform in question, these perks might differ in range and level. But they are there, and you are entitled to them. Examples of bonuses that you will find in Giropay casinos are:
This is the most common type of bonus available to gamblers. It is also the most important one that a casino must give. Usually, the extent of this bonus tells the client how generous the casino is.
Free spins are part of almost every welcome package in an online casino. They can stand alone or come as a deal with match deposits.
Free spins usually come with several wagering requirements, especially the games or slots you can play them with. However, they are a great way to check out the casino’s game library and quality without making any financial commitment.
After getting your welcome bonus package, other promotions are given as part of loyalty schemes. Loyalty schemes are a club created by the casino to compensate gamblers based on how they bet and interact with the platform.
As soon as you create an account and pay your first deposit, you are entered into the lowest tier of the scheme. The more you stake and play games, the higher you go.
Safety and Security
Yes. GiroPay is safe and secure for gamblers who can use this payment system for their online casino transactions. Firstly, when it comes to exchanging personal information for financial purposes, it is only done between you and the bank, with no third party.
Everyone knows how secure banking institutions are when it comes to their customers’ information. When you use Giropay, you will enjoy all the benefits of this security because you are still under your banking institution.
GiroPay just acts as an intermediary. You will see this in how GiroPay redirects you to your banking page when you try to use the method.
Also, when it comes to the GiroPay page, you can rest assured of maximum protection. They have invested in SSL encryption to ensure that any detail on their site is protected. You can see that by the padlock sign in front of their address when you visit the site. This, plus all the other firewalls they have erected to ensure their clients remain safe and secure while using the GiroPay site.
Alternative Payment Methods
GiroPay Casinos Pros and Cons
It is always advisable to know all the pros and cons of using a particular payment system before joining the site. For GiroPay online casinos, there are certain pros and cons associated with the system, and you will find them below:
No one likes complications, especially when it comes to creating an account. If you are one of those gamblers who find it stressful to create an account when joining a platform, then Giropay is for you.
You don’t need to create an account or sign in with that platform to use this method. All you have to do is find an online casino that accepts this payment, confirm your bank is an affiliate, and you’re good to go.
Are you looking for a service where your funds are transferred immediately after you make the transaction? If yes, then Giropay is the answer. You do not need to fret, worry, or wait for several business days until you get your money.
All you have to do is choose GiroPay, make the transfer, and your funds reflect instantly in your wallet or casino account.
It is one thing for a service to claim they are the best to ever exist; it is another thing to have customers who have tried it testify to its reliability.
One thing about Giropay is that they have glowing testimonies all over the internet from users of the platform. This tells you a great deal about the service, and it’s amazing.
One thing we appreciate in a business is when they have adequate customer service that is readily available 24/7 to listen to their customers’ complaints.
As gamblers making bulk payments, there might be times when a few issues might arise due to failed or reversed transactions. In moments like this, all you want is to connect with a GiroPay expert who knows their salt quickly. With this service, you will always find a representative to respond to your messages 24/7.
The major disadvantage of this payment method is how limited the available currencies are. While some users like German players might be able to trade with their original currencies, some might have to exchange, leading to short-changing.
Giropay is a payment method used frequently by the Germans for online trading. It can also be used in online casinos to pay and receive money as quickly as possible. All you need is to be sure you are using a bank affiliated with the system.
No. Registration is unnecessary. This is one reason why so many gamblers love to use this method. As long as you are a member of one of the supported banks, you can use the service anywhere and anytime.
The process is easy. You can check the article for an in-depth guideline on how this is done. However, all you have to do is find a Giropay online casino, choose a deposit, select Giropay as your preferred method, and follow the prompts.
No. GiroPay does not charge its clients any fee for the service.
Yes. GiroPay is very safe and secure. Information is only exchanged between the payment method and the bank, which keeps you protected.
No. GiroPay is not available for withdrawals at the moment. Players would need to find an alternative.
If you are not opportune to use Giropay in online casinos, you can use Venmo, Rapid Transfer, Trustly, and MuchBetter.
Yes. Regardless of the payment systems, you are entitled to welcome bonuses and other promotions in these casinos.