- Trusted for more than a decade.
- Deals with German banks without registration.
- Avoid sharing personal financial information.
Sportsbooks That Accept Giropay
Giropay has been in operation for over a decade, offering German banking customers the ability to make secure, real-time online payments to merchants. Since its inception in 2006, this has become one of the most popular online payment methods in the region, facilitating transactions for up to 80% of all German banking outlets. People can use Giropay without registration, accessing the payment method through TAN and PIN bank info that isn’t passed along to the merchant.
By using transaction numbers and PIN security, Giropay enables a fast, secure transaction to sportsbooks that accept Giropay. Merchants are big fans of this type of payment method because it also protects against customers initiating a chargeback without reason. Depending on the sportsbook you choose to sign up with, you may receive deposit bonuses of one-fifth or more. This list also gives you an idea of the minimum deposit bonus for each wagering service.
Betting Online With Giropay
As of current publication, Giropay has yet to institute a chargeback system for consumers. Considering this fact, you should be sure that whenever you make a transaction with a sportsbook, you get all the details right. The lack of a chargeback feature also means that you can’t withdraw your money into a Giropay account after you win. When using Giropay, you should consider it as a quick way to fill your account without exposing personal data.
You’ll need a German bank account to access Giropay; most of the branches of Postbank and Stadtsparkasse facilitate this type of online payment system. Depending on the branch that you use, you can get a free account or even receive a bonus for signing up. Some sportsbooks will also defer fees when betting online with Giropay.
Part of the reason this method remains secure is the fact that it uses the same type of technology that debit cards use to rapidly confirm account details. Typically, the maximum you’ll be able to transfer into your account using Giropay will be 5,000 Euros per transaction.