Giropay Casinos Germany

In recent years, there have been significant breakthroughs in e-banking. Quite a number of them come from collaborative efforts by various entities.

Whenever financial entities decide to work together, they tend to break several barriers in that sector. One such breakthrough is Giropay. This is a German financial powerhouse created through various collaborations.

The security of online transactions has always been a problem. For this reason, German banks decided to join forces. This saw the creation of Giropay.

Currently, Giropay is among the most sought-after payment options in Germany. This guide has all there is to know about the payment solution. You’ll also find reviews of fast payout Giropay casinos in Germany.

Read on to learn more.

decor decor decor decor
Legiano Casino

Welcome bonus

100% Up to €500 + 200 Free Spins

meter

Super Fast
Payout Time

Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
Bitcoin Cash
Bitcoin Cash
Dogecoin
Dogecoin
Ethereum
Ethereum

Neon54-casino-logo

Welcome bonus

100% match bonus of up to €500

meter

Super Fast
Payout Time

AstroPay Card
AstroPay Card
Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
ecoPayz
ecoPayz
Ethereum
Ethereum

Wazamba Casino-logo

Welcome bonus

€/$500 + 200 free Spins

meter

Super Fast
Payout Time

Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
CashtoCode
CashtoCode
ecoPayz
ecoPayz
Ethereum
Ethereum

qbet-casino-logo

Welcome bonus

100% Up to €100 + 100 Free Spins

meter

Super Fast
Payout Time

Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
EPS
EPS
Ethereum
Ethereum
Euteller
Euteller

slotspalace-casino-logo

Welcome bonus

100% match up to €500

meter

Good
Payout Time

Bitcoin
Bitcoin
ecoPayz
ecoPayz
Ethereum
Ethereum
Interac
Interac
Litecoin
Litecoin

Manga Casino

Welcome bonus

€300 Bonus + 50 Free Spins

meter

Super Fast
Payout Time

Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
EPS
EPS
Ethereum
Ethereum
Euteller
Euteller

Pribet Casino

Welcome bonus

Up to €1000 for Casino

meter

Good
Payout Time

Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
Bitcoin Cash
Bitcoin Cash
CashtoCode
CashtoCode
Ethereum
Ethereum

nomini-casino-logo

Welcome bonus

AU$1500, Free Spins & More

meter

Super Fast
Payout Time

Bank Tansfer
Bank Transfer
Bitcoin
Bitcoin
ecoPayz
ecoPayz
EPS
EPS
Ethereum
Ethereum

Quick Facts

Company name Giropay GmbH
Website www.giropay.de 
Type Online banking system
Country Austria & Germany
Casinos using it 120+
Deposit/withdrawal time Instant / not available
Fees Deposit – (0.9%- 2%) + EUR 0.008; Withdrawal – not available
About Giropay

About Giropay

Right off the bat, Giropay is a widely accepted online payment processor. It has been in operation since 2005. Over the years, it has succeeded in a number of sectors, especially in iGaming.

Giropay is meant for hassle-free online transactions. Its headquarters are located in Frankfurt, Germany.

The payment solution was created through a consortium of various leading German banks. The banks include

  • German Savings Bank Group,
  • German Cooperative Financial Services Network,
  • Postbank – a branch of Deutsche Bank.

It was this collaborative effort that made Giropay become a leading fintech brand in Germany.
Of course, bank partnerships are quite common these days. However, things were a lot different when Giropay was created.

Notably, not many banks were ready to go the online way. This is because their users were unwilling to use the Internet for banking purposes.

At the time, the growth of online payment services was affected by companies that opted to share customers’ details. The security protocols could not keep cyber attacks at bay.

Giropay creators noticed this problem early enough. Consequently, they put together important measures in readiness for modern-day online gambling and e-commerce.

The emergence of iGaming and e-commerce brought about the need for online payment services.

As of 2008, Giropay was processing more than 3 million transactions per month. Since then, the number of processed transactions has doubled.

Giropay Breakthroughs Over The Years

Giropay Breakthroughs Over The Years

Giropay GmbH merged with eps-Überweisung in 2014. This move saw it grow in popularity in Austria by opening up a potential space of 40+ million customers. As a result, you can only use Giropay in Austria and Germany.

Additionally, Giropay adopted the PSD2 (X2A) user interface in 2019. The breakthrough allowed the payment solution to offer services to customers in ‘unsupported’ financial institutions. It covers almost all banks in Germany.

Currently, about 1500 Austria and German banks are Giropay partners. This way, Giropay processes more than 1 million daily transactions. Thanks to its reputation and credibility, a vast majority of casinos in Germany accept Giropay payment.

Fastest Withdrawal Giropay Casinos Reviewed

Giropay is widely accepted in German online casinos. However, not all casinos that accept Giropay are fast payout sites. We conducted extensive research when trying to locate the ones that do. Find out more about the fastest withdrawal casinos in Germany accepting Giropay.

Neon54 Casino Review

Reviewed by: Peter Williams Updated: 07-05-2024

With a massive game library, Neon54 casino is an ideal casino for modern players. It has been in operation since 2021, making it a fairly new site in Germany.

Neon54 casino is owned and managed by Rabidi N.V. The casino draws its inspiration from the famous Studio54.

Neon 54 Casino Review

The gaming site has quite an exhaustive selection of exciting titles. These games are sourced from more than 40 leading game studios. Moreover, the games come with various bonuses and promotions that you can use to your advantage.

The casino products offered at Neon54 casino are table games, Megaways slots, video slots, and poker. In total, the casino offers more than 3000 titles. Most of these games come with demo versions that let you try them out for free.

Neo54 is approved and licensed under the laws of Curacao. Therefore, you can be sure that the casino is pretty safe and reliable.

Most of the titles at neon54 casino are mobile games. As such, playing on the move is easier.

Neon54 casino supports different payment options. You can make deposits and withdrawals through MiFinity, Giropay, Skrill, and Paysafe.

Neon54-casino-logo

Online since: 2021

License: Curacao

Website: https://neon54.com/

No payment fees

Crypto friendly

Over 60 providers

Play Now

Slots Palace Casino Review

Reviewed by: Peter Williams Updated: 02-05-2024

Yet another new and popular casino in Germany is SlotsPalace. The casino is owned and managed by Araxio Development N.V. SlotsPlace casino opened its virtual doors in 2020.

Slots Palace Casino Promotions

Moreover, it is registered and licensed under the laws of Curacao. For this reason, you can rest assured of safe and fun gameplay.

In fact, it is among the casinos with provably fair games. This way, you can always confirm how a game round played out.

SlotsPalace casino is a crypto-friendly casino. Therefore, you can play using bitcoin and Ethereum aside from fiat currencies.

You can glean that the site is predominantly a slots casino from its name. Be that as it may, you can still play video poker and table games at the casino. The entire game catalog is made up of more than 800 games currently.

SlotsPlace casino accepts a vast range of payment options. You can make deposits and withdrawals through ecoPayz, MiFinity, and Giropay.

Moreover, the casino supports several languages. These include English, German, French, Finnish, Italian, Norwegian, and Spanish. Therefore, it is designed to accommodate various kinds of players in Germany.

slotspalace-casino-logo

Online since: 2020

License: Curacao

Website: https://slotspalace.com/

Live Chat 24/7

Mobile friendly games

Fast payouts

Play Now

Playamo Casino Review

Reviewed by: Peter Williams Updated: 02-05-2024

Enjoy a wide range of unique and fun games offered at PlayAmo Casino. The gambling site opened its virtual doors in 2016. As such, it has been in operation for quite some time now.

PlayAmo casino is licensed and regulated by Curacao e-Gaming Authority. The gaming site’s operator is headquartered in Cyprus, Curacao.

Playamo Casino Games

PlayAmo Casino has a massive selection of titles to pick from. You can opt to play table games, slots, and live dealer games. The entire virtual game portfolio of the gambling site is made up of 3500 casino products.

PlayAmo casino sources its games from leading game studios. These include NextGen, NetEnt, and Playtech. Therefore, the casino offers you only the best games.

The gambling site offers you a great mix of mobile-friendly gameplay and 24-hour customer support. Most of the casino products offered are tailored for mobile gaming. This way, playing on the go won’t be a problem.

PlayAmo casino accepts various payment options for fast deposits and cash-outs. These include Sofort, Giropay, Skrill, and Neteller.

Playamo Casino

Online since: 2020

License: Curacao

Website: https://www.playamo.com/

Crypto frinedly

24/7 Customers support

Play Now
How To Set Up a Giropay account (1)

How To Set Up a Giropay account

The best part about Giropay is that you don’t need to register for an account. Some modern-day fintech brands always experience integration issues. Therefore, this should be a factor to consider when looking for an ideal payment option.

One of the hurdles to full integration is the requirement to register for an account. Notably, players tend to drift away from solutions that have lengthy sign-up processes. This is what Giropay was designed to eliminate. Simply follow this step-by-step guide to getting started with Giropay.

How To Set Up a Giropay account

Time needed

Tools needed

Software needed

Sign Up

Open an Austrian or German bank account

Users in either country can visit a supported partner bank and create an account. This is to be on the safe side.

Since 2014, Giroplay has allowed users in non-partner banks to use their service. However, you will have to check with the Giropay customer support team to find out if your preferred bank allows for Giropay payments.

Of course, you will be required to provide certain personal details to open a bank account. These include your German ID and home address, among other details.

Verify your account.

Set the bank account for online banking

Upon account creation, the bank can help you set it up for online banking. Only after this is done can you proceed to integrate the account with Giropay. Afterward, top up the bank account with some funds to activate various functions.

Head to Giropay’s official website

Head to Giropay’s official website

Click here to visit Giropay’s site and set up your Giropay. You can integrate your Giropay either as a seller or buyer. No matter your option, you must provide a unique username and strong password.

After that, you will enter your bank’s name, account number, and online banking PIN. Additionally, you will provide your phone number. It is through the number that you will always receive Transaction Authentication Numbers (TAN) from Giropay.

Your Giropay should be ready to process online payments after the fact.

Transaction charges

Giropay Transaction Charges in Germany

Ultimately, payment facilitator companies work to earn some profit. As a result, so many will charge their customers some management fees to effectively provide services. Notably, quite a number will charge you some fees in a way that you wouldn’t easily notice.

For Giropay, you will incur between 0.9% and 1.2% fees on online purchases and casino deposits. However, you only pay a fee of 0.9% on payment requests and invoices.

Giropay provides an ideal way of topping up casino accounts speedily. However, the fees incurred fluctuate inversely to the amount you are depositing. Meaning that you will incur lesser fees on large deposits.

Giropay tends to cater greatly to high-rollers, for some reason. Therefore, high-rollers are charged lesser fees every time they deposit to their casino accounts. In spite of that, the fees incurred are negligible considering the quality of services that you get in return.

Additionally, Giropay lets you request payments if you sell services over the internet. This service normally attracts admin fees. Giropay deducts the fees automatically after the payment is processed.

It’s worth mentioning that the payment option does not offer e-wallet services. Therefore, you cannot use it to store funds. Giropay merely fuels payments between your bank account and merchants or casinos.

Remember that Giropay only imposes transaction fees based on your chosen bank’s policies. Notably, financial institutions must impose fees based on their online banking terms.

Having said that, always make sure you have sufficient funds in your bank account to cover Giropay and bank fees. This is because most casinos in Germany won’t charge you for making Giropay deposits.

Pros and Cons of Using Giropay

No matter how good a payment solution is, it must still have its pitfalls. Therefore, we must paint a full picture of Giropay by highlighting its strong and weak points. The following are the pros and cons of using Giropay

Pros

pros
  • Anonymous gambling
  • Swift casino top-ups
  • Used for invoicing
  • Partners with leading banks in Germany and Austria
  • No account sign-up needed
  • Accepted at most online casinos
  • Safe and secure transactions

Cons

cons
  • Relatively high transaction fees
  • Only available in Austria and Germany
  • Long verification time
  • Only supports EUR currency

Giropay Vs. 3 Other Casino Deposit Methods

Find a side-by-side comparison between Giropay and other popular deposit options.

Payment gateways Giropay Trustly SofortÜberweisung POLi 
Currencies 1 7 5 4
Deposit time Instant Instant Instant Instant
Cash-out time N/A  2 days N/A  N/A 
Supported 

Languages 

2 10+ 12+ 1
Sofortüberweisung-Logo

SofortÜberweisung

This is a popular payment method based in Germany. It is also known as Sofort, for short. SofortÜberweisung is an ideal alternative for you if you’re a player in Germany

Sofort is among the payment solutions perfect for fast casino payments. However, the banking solution only offers casino top-up services. Sofort formerly went by Payment Network before it was eventually rebranded in 2005.

Today, SofortÜberweisung is available in more than 13 countries, including the UK, Belgium, the Netherlands, and Austria. Since 2014, it has been owned and managed by Klarna Group.

With SofortÜberweisung, users do not have to register for accounts. All you have to do is be an account holder at a member bank.

For casino cash-outs, you will have to seek other means. All in all, SofortÜberweisung is quite a reliable and secure banking option.

trustly-01

Trustly

This payment gateway has a long history of facilitating online payments. For this reason, it has carved a niche as a global brand. Trustly first burst up on the online scene in 2008 and is owned by the Trustly Group AB.

The fintech company is licensed in several jurisdictions, including Germany. As such, you can be sure of its legitimacy.

Thanks to its fast speed of processing transactions, Trustly has become so popular. Today, it processes more than 9 million daily transactions.

Its prominence in iGaming is because it is available for both deposits and withdrawals. The best part is that these functions are expedited for smooth gameplay.

In fact, the main reason for the creation of Trustly was online gambling. Nowadays, it is also used in other industries.

POLi-01

POLi

Formerly Centricom, POLi is a payment option based in Melbourne, Australia. It was created in 2006 and is the property of POLi Payments.

POLi lets you transfer money directly from your bank account to a merchant. It utilizes a financial technology that lets you debit funds for online payments.

Like Giropay, POLi does not require you to register for an account. You just have to open a bank account with its member banks. Afterward, set up your account for mobile banking for easy integration with POLi.

POLi is an ideal method for swift casino deposits. However, it is not available for casino withdrawals. Therefore, you will have to seek other services for cash-outs.

Summary

Summary

Currently, Giropay is only available in two German-speaking countries. These are Austria and Germany. As such, players outside these two jurisdictions cannot access the services.

For the most part, even the reviews that you’ll find online will be in German. However, English speakers in these two countries can toggle between German and English.

Having said that, Giropay is quite a unique processor for online payments. With it, you will fuel transactions between you and online casinos and merchants.

Giropay is a widely accepted banking solution. This is attributed to the fact that it does not involve lengthy sign-up processes for customers and merchants. All you have to do to be eligible is to open a German bank account.

Giropay easily expanded its operations thanks to the bilateral relationship between Austria and Germany. Currently, the fintech company is in consortium with over 1500 financial institutions for much-needed convenience.

The banking option has security protocols to protect all transactions. It employs the latest SSL encryption technology that prevents access by third parties.

Note that Giropay only supports EUR currency. This way, you won’t incur currency conversion fees when topping up your German bank account. However, you will incur exchange fees at casinos that don’t support EUR.

Another major drawback worth mentioning is that Giropay does not offer live chat services. That way, you won’t get real-time help which is always prompt and amicable.

Over the years, German gamblers have trusted Giropay with their funds. Thanks to its speed of processing transactions, it is set to scale to newer heights. Therefore, there’s nothing stopping you as a German player from using it for your casino endeavors.

FAQs

How does Giropay work?

arrow-faq

Giropay is a payment solution that fuels your online transactions with merchants and casinos. It works similarly to Sofort to deliver fast online payments. Giropay provides a buffer between your bank account and merchants.

Are there fees involved when using Giropay?

arrow-faq

Yes. Giropay charges you fees between 0.9% and 1.2% on casino top-ups and merchant payments. Moreover, you will be charged an extra 0.9% if you request payments using the service. 

Remember that banks may also charge you some fee when you use the payment option. Therefore, it’s imperative that you have sufficient funds for all these fees.

Is Giropay a safe and legit fast payout method?

arrow-faq

Absolutely.  Giropay has various security protocols to ensure that user data is protected at all times. Thanks to its SSL encryption technology, third parties like the government cannot access user data. 

Additionally, Giropay is a product of joint efforts by leading banks licensed in Germany. As such, you can be sure of its legitimacy

Is there a Giropay mobile application?

arrow-faq

When it comes to mobile capability, Giropay has a mobile application for the leading operating systems. You can download it easily either on Google Play or App Store. This way, those that live their lives online are covered.

What is the Giropay market coverage like?

arrow-faq

For the time being, only users in Austria and Germany can use Giropay. Also, you will need to open an account with a partner bank. Most importantly note that it only processes payments in EUR.

How do I set up my Giropay?

arrow-faq

All you have to do is open a bank account with a supported bank and set it up for online banking. Afterward, you should link it with Giropay and start transacting upon verification.

Can I use Giropay for casino withdrawals?

arrow-faq

Unfortunately, Giropay is not available for casino cash-outs. It basically integrates various banks to facilitate secure transactions.

Author Image

Peter Williams

Head of Content Last Updated: November 18, 2022

Petter is passioned about fair gaming and online casinos. He reviews the deposit, verification & payout times of each of the casinos at fast.bet manually.

arrow