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Giropay

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I have generally been in favor of e-wallet solutions as a means to conduct transactions at online casinos, but recently, I discovered a much simpler, more economical method to deposit funds. GiroPay is a mechanism geared towards the German market, and allows online gamblers to make payments without pre-registering for e-wallet accounts, using their credit cards or suffering delays arising from bank wire transfers.

To use GiroPay, online gamblers need to be in possession of an existing account with one of the banks listed above, and be registered as an internet banker. Since most of us already are, the rest of the payment process could not be easier. Simply enter the casinos cashier, select GiroPay as your payment option, and then choose your bank from the list provided, Type in the desired deposit amount, and within seconds, you will be directed via a URL address to your own bank's internet banking site. Here, you enter your login information as per usual. GiroPay then automatically sets up the beneficiary and transaction order for you, and all that is required to conclude the payment, is to enter a TAN number. Once completed, GiroPay then redirects you back to the casino cashier where your casino credits are updated.

Because you are utilizing your own bank account to conduct transactions, with PIN and TAN numbers known only by you, this payment method is entirely secure. GiroPay also ensures added security through the use of advanced encryption technologies and fraud detection systems. All transactions are free, but users should be aware that the banks themselves may impose internet banking levies per transaction.

GiroPay is highly effective because of its simplicity, affordability and the fact that it is far more secure than using credit cards as an online transactional tool. It is not difficult to see why it is fast becoming one of the more popular payment methods across Europe.


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