Giropay was founded in Germany in 2006. This type of intermediary online transaction systems become popular after expansion of online casinos around the world.
People used debit cards for most of the transactions to and from internet accounts, but customers have often encountered difficulties due to strict regulations related to gambling. Thus online gamblers resort to some more convenient solutions like Top Casino Giropay Payment Option.
To use Giropay transfers, it is essential to have an internet banking account. There is no need for the individual registration on their site, which adds up to the safety of using this casino payment method, by preventing the possibility of abuse and identity theft.
Giropay is using dual code system to ensure better security of transactions, throughout PIN (personal identification number) and TAN (transaction number) codes. After signing in to the preferable internet site and choosing Giropay as the payment option, it will redirect you to the online bank account to fill in the transaction form and provide the TAN code given by the bank.
After this, the bank will instantaneously transfer the money to the account. Depending on the bank account, deposits can even be paid by mobile phone. This is especially suitable for the casino deposit bonuses and promotions that last only a certain period because the deposits are made in real time. To make withdrawals is a bit more complicated because upon choosing this payment method, the gambler will have to fill in all the banking details to receive the money via bank transfer.
After the confirmation of the bank account details, the withdrawal will be processed. With Casino Giropay Payment bonuses and jackpots can be secure and cashed in a matter of minutes.
The online services paid this way usually do not charge any fees, but the banks take a piece of the cookie. The reasonable prices for the money transfers using this paying option are between 0.9% and 1.2%, plus € 0.08 per transaction.
Aforementioned is determined by the bank the customer is signed up with.
This service is available only in Germany, Austria and Netherlands, but planning to spread internationally. Therefore, if you have savings in banks based in some of these countries, it is a safe payment method, easy and quick way to fund your gambling accounts and withdraw winnings.
The maximum amount a user can deposit using this method is €5,000, and it is tied to Euros as its primary currency, no other currencies are available yet.