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Giropay

Giropay is by far the most popular payment method in Germany. 51% of online purchases in Germany use Giropay and 1500 German banks are now linked to Giropay. It is an online payment platform of the German banks, which is based on the existing German online banking system and was specially designed for use in E-commerce environments. The payments are 100% guaranteed, because they work with real-time transfers. It can be compared to the Dutch IDeal.

Payment process Giropay

Giropay has a safe and trusted payment process. Giropay is especially interesting for your webshop if you offer your products online in Germany.

You could compare Giropay with the Dutch iDEAL, but in Germany. It works almost the same.

Benefits

  • Guaranteed payment
  • The process is smooth and smooth, you do not need to create an account if you use internet banking with a German account

Cons

  • The market is only in Germany.

How does it work?

  • The customer selects his/her bank from a list of participating banks.
  • The customer logs in to his/her bank
  • If all information is correct, the customer gives permission for the transfer
  • The customer receives a verification and the purchase is processed.

Markt

  • Germany