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Giropay

Founded in 2006, Giropay is a German online banking payment system, supported by more than 1500 German banks. Giropay is safe and reliable, and it is one of the most popular online banking payment methods in Germany.

When paying with Giropay, users select the bank they want to pay with. Then they are redirected to the bank website. After the user completes the payment, the funds will be directly deducted from the user's bank account. The payment experience is easy and convenient.

Properties

The properties of the Giropay payment method are shown in the following table:

Payment type

Online banking

Acquirer

AlipaySG, AlipayEU, AlipayUS

Acquiring region

SG, AU, HK, EU, US

Payment flow

Redirect

Checkout Payment

✔️

Buyer country/region

Germany

Auto Debit

Funds deduction

Real-time

Refund

✔️

Processing currency

EUR

Partial refund

✔️

Minimum payment amount

1 EUR

Chargeback/Dispute

Maximum payment amount

Unlimited

Refund period

365 days

User experience

The following screenshots show the user experience of paying with Giropay:

image

Figure 1. Payment process with Giropay