Giropay is a descendant of Deutsche Post bank of Germany which was created in the February of 2006. Giropay is heavily used by them for shopping, sending money, gambling, and betting in online casinos and sportsbooks.

A report suggested that 40% of the total transactions taking place in Germany in a year are made by internet payment methods such a Giropay.

The system resembles other payments methods like iDEAL of Dutch, Mybank of Canada, etc. Giropay services are available only to residents of Germany and for transferring money to German-based merchants and offshore merchants that allow Giropay gateway and international online casino Giropay.

Top Online Casinos Where You Can Use Giropay

Rank

Casino Name

Bonus

Casino License

Rating

Get started

1
Get 400% up to €1200
Curacao
Rating 9.54 out of 10
2
100% up to €240 + 240 Free Spins
Malta
Rating 8.38 out of 10

History of Giropay

If you want to take a deep dive into the history of Giropay, you need to understand the role of Deutsche Post and Deutsche post bank. It all started in 1947 in the Trizone where the German imperial post office was created and ran by the name Deutsche Post which later came under state ownership and was called Deutsche Bundespost.

This post office was dissolved in 1955 into first and second postal reforms leading to breaking Deutsche Bundepost into Deutsche Postbank, Deutsche Telekom, and Deutsche Postbank AG, which were post offices, telecom, and bank respectively. As of now, Deutsche Postbank is a retailing division of the Deutsche Bank which is running since 2018. Giropay has developed as a convenient and popular method of payment in online casinos, best online casino payouts.

Casinos that Accept Giropay

In this section, we compare online casinos that accept online casino Giropay payment, i.e. online casino prepaid Giropay cards, and online casino Giropay fees. Just create a Giropay account before you get started at casinos. Once you visit their website and select the option for activation, you would need to fill in your details along with your chosen host bank account’s details like bank name, branch, account number, etc. After verification of this information, you will be asked to create a username and password which later you could use to pay at any site including online casinos.

Mr. play
Mr.Play Logo Big
Mr. Play Casino is an online casino that accepts the online casino payment method of Giropay. It is owned by Market play limited which is licensed by the United Kingdom Gambling Commission (UKGC). UKGC is a reputed license that regulates the website and restricts unfair gameplay or any such fraudulent act on the sites.

Mr. play provides several methods for funding their casino account which includes Giropay and other payment methods like Mastercard, Visa, Trustly, Neteller, skrill, Astropay, etc. They also accept many currencies including the euro, rupee, dollar, and others. The minimum deposit amount accepted by the casino is 10 euros or equivalent. The withdrawal amount is usually credited back to the same method used for the deposit. As a welcome bonus, the site offers a 100 percent monetary bonus of up to 200 euros and 100 extra spins. Besides this, they have other regular offers going on the casino site for its players. The casino has a plethora of casino games including scratch cards, blackjack, roulette, slots, jackpots, card games, Live games, VIP Clubs, etc.

Campeonbet
Campeonbet logo big
Camponbet casino is a Curacao-licensed online casino that accepts Giropay as a method of payment. The casino’s game provider list includes 1×2 gaming, Netent, Nextgen, pragmatic play, and many others. Online casino payment methods that are accepted for funding your camponbet account are Giropay, Skrill, Visa, etc. The maximum withdrawal limit for camponbet casino is 1000 euros per day and 7000 euros per month. Withdrawals are subject to wagering requirements and bonus policies.  Welcome bonus consists of a 140% deposit match bonus up to 1500 euros or equivalent. Other bonus offer includes reloading bonuses which offer 120% match deposit bonus up to 2000 euros or equivalent. The games offered at Camponbet casino include slot games, roulette, video poker, bingo, jackpots, and live casino.
Casiplay
casiplay big logo
Casiplay is an online casino site under the top German online casino list, operated by Aspire Global International Limited which is regulated by Malta remote regulations, thus has an MGA (Malta Gaming Authority) license. Casiplay’s list of game providers includes online casinos Deutschland.com, Evolution Gaming, Play n go, Netent, and many others. Casiplay provides various methods for funding your Casiplay account including Giropay, Klarna, Trustly, Skrill, etc. Withdrawal can be done only after you have met wagering requirements and have made at least one deposit. Methods you could use for withdrawal include bank transfer, Skrill, Trustly, etc. The welcome package of Casiplay includes One week of a bonus scheme that totals the monetary bonus of up to 800 euros and 100 extra spins. Casino games of Casiplay include slot games like starburst, book of the dead mighty sphinx, etc, and casino games like blackjack, roulette, etc. they also host live casino games.

Deposits and withdrawals using Giropay

Giropay provides an instant and easy method of payment in casinos in the top online German online casino listYou can fund a casino account in pay n play casino sites using Giropay in few simple steps. They are:

  • After choosing a suitable casino from online casinos that accept Giropay, you need to register yourself on the site to create an account. It would need a few personal information like name, age, email id, etc.
  • After your account has successfully been created, log into your account.
  • Navigate the payment page on the website where you can make a deposit. The option to open the page is often present on the home page. 
  • On the payment page, you would need to choose the Giropay payment method, which you can find with other options like credit and debit cards. 
  • After choosing the option, you may have two methods to pay. 
  • First, you need to give your Giropay ID from where you will be redirected to your bank’s internet banking page, where you will have to fill in details of your bank account that will include PIN. Your multifactor authenticated bank may send you a one-time security code that is TAN (Transaction Authorisation Number) in your contact number to confirm approval of the payment. After this, the fund will instantly get transferred to your online casino Giropay deposit account.
  • Another lesser-known way is to give Giropay a username and password to make the deposit. This happens in the new combined Giropay, where it got combined with paydirekt. Such transactions have additional security by paydirekt buyer’s protection. In this case, too, the fund will be transferred immediately, without the hassle of filling up account details. 

Although funding a casino account using Giropay is simple, it is not possible to withdraw any amount of your money using Giropay. Casinos online Giropay does not provide an option for withdrawal from any site including casinos and sportsbooks. A user of Giropay may try other methods of payments such as bank transfers, but it takes many days to get processed. Another way of payment could be the use of e-wallets like Jeton, PayPal, etc where you can recharge the wallet and then make deposits using the money in the e-wallet and your winning will also get credited in your e-wallet.

This method can be used in the best online PayPal casino and PayOp casino sites. Few payment systems are very similar to Giropay like Trustly, it functions the same way as in, it is directly linked to your bank. The advantage of Trustly over Giropay is that it provides the withdrawal option. However, it is accessible only in a trustly casino.  Some other alternatives of Giropay could be used in Mastercard casino list, SporoPay and 2021 Paysafe card casinos.

Fees and taxes

Giropay does not charge for processing and transferring money, although casinos and your host bank may charge a few percentages of the total amount as a processing fee. The charge is usually very less such as two percent of the amount. Most of the casinos like instant bank transfer casino sites do not charge any additional fees from the players. 

In most countries, Casino winnings are considered a part of your income, thus are subject to tax which must be reported on your tax return. This could be done easily by listing it under the “other income” section. The good thing about gambling winning being taxable is that if you happen to lose, the taxes can be deducted if you have recorded your deductions. Although the deductions made are subject to terms and conditions and need solid proof from your side. Tax charges may be anywhere from 24% to 30% of your winning. Not all amount of win is taxable, small wins won’t be considered for taxes, as you need to win about 600 dollars minimum, to be charged with tax.

Tax laws differ for various countries. Considering the UK, Players might not have to pay the tax directly, but after the winning money has been credited to your bank account, it is subject to either gift tax or inheritance tax. Gift tax will be applicable if you send a part of the whole amount of winning to some else and inheritance tax will be applied if the money sits in the bank, anyway, you will have to pay tax for your winning amount. Offshore gambling is often taxable in the UK. For Germany, there is no direct tax applied on the gambling winnings but sports betting is taxable which at present is 5% on the betting stakes.

Pros and cons

Like any other system of payment, Giropay has some drawbacks despite being one of the best in the market. Before choosing Giropay as your payment method, consider the following pros and cons list of using Giropay for gambling in online casinos. The list will serve you as a comprehensive guide for the Giropay payment method.

PROS
  • Banking System: The system used by Giropay provides a reliable and secure way of payment in gambling websites.
  • Easy Registration: You can easily register to Giropay.
  • Security: Giropay payment method uses AES 256-bit encryption and TLS 1.2 for data encryption to provide quality security during any transaction done by Giropay.
CONS
  • Available in Only Germany: Giropay is a German-based service whose associate banks are German banks only.
  • No Option to Withdraw: One of the main drawbacks of this payment system is the lack of a withdrawal option.
  • Restrictions by the Host Bank: If you are an account holder of a bank that is not associated with Giropay, you can not avail of their services.

Giropay Casino Bonuses

Online casinos offer various attractive bonuses to lure players especially new players into registering into their website. Giropay online casinos offer some additional bonuses for using the Giropay payment method. Besides, they offer multiple one-time offers like welcome bonus, online casino chargeback, and regular bonuses like bonus offer included in loyalty programs. Few types of such offers are discussed below:

  • The affiliate program or “refer a friend bonus”: This bonus offer is applicable when you get a person to register to the casino website. Once that person offers a deposit is applied. These offers often contain a combination of bonus money on deposit and free spins in slot games etc. These directly get credited to your casino account.
  • Sign-up offers or Welcome Bonuses: This is the best offer an online casino offers to drive in their customers. These bonuses are also a combination of free spins and a monetary bonus on deposit but of a much higher value. The most common welcome bonuses the casinos offer are a 100 percent bonus on the first deposit and free spins on slot games. 
  • Deposit match bonuses: this type of bonus is offered by online casinos to their players that match the amount of deposit the player makes. For example, if you deposit 5000 dollars, you will get a 100% bonus that is your casino account will be credited with another 5000 for you to wager.
  • No-deposit bonuses: this type of bonus, is a tactic to intrigue a player in their casino site. They make give free credit to players to initiate playing on their website. This type of bonus might be available in no account casino. And withdrawals are subjected to wagering needs.

Giropay Casinos for Real Money

To win real money in the best online casino real money, you need to find a suitable casino with the best welcome bonus offers. By taking advantage of monetary offers like deposit matches and no-deposit bonuses to wager it on profitable games, so that to earn real money from it. You should always play predictable games that depend on statistics and intelligence rather than luck, like games like blackjack, roulette, and other such games in pay by mobile casino sites.

Frequently Asked Questions

No, not all casinos accept Giropay, which is a famous payment method used by German players. Some casinos that accept Giropay are 888casino, Slot V, Wazamba, etc.
Giropay has no fixed minimum amount assigned by them, but the minimum deposit amount varies for different online casinos, but the standard amount is 10-20 dollars.
Giropay does not charge any additional transaction fee, but a bank or the particular casino might charge any processing fee.
Yes, Giropay is known for its instant real-time money transfers. As it is directly linked to your bank account transaction is quick and secure.
Yes, Giropay can be used in mobile casinos that accept Giropay payment methods.
No, Giropay does not charge any additional costs.

Giropay - A Prefered Payment Tool at Top Casinos

Giropay is a trusted payment method in Germany, and thus more and more online casinos are incorporating this payment method in their system. Giropay is reliable as a descendant of Deutsche Postbank. Online casino Giropay payment method is accepted in 21,673 websites and 19,102 unique domains. It is accessible in various online casinos that offer great welcome bonuses to attract players to their site. Although it seems flawless, there is no option of withdrawing your winnings using Giropay. Yet, Germans consider Giropay as the safest online casino payment option. Giropay directly links your bank account to your Giropay id without the involvement of any third party which makes it’s a cost-free and fast way of transferring money.