GiroPay is German online banking system which has been providing Europe-wide services since 2006. It was setup by German savings bank Postbank in partnership with other credit unions. The service provides a similar experience to many different online banking service providers and it provides its service to over 17 million customers.
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When using GiroPay at an online bingo site, you simply choose the GiroPay payment method and from there you can select your bank from the dropdown list. It should be the bank you do you online banking from and once you’ve clicked this button you’ll be directed to login to your own bank. Once logged in you enter your account number and banking PIN code and then your bank will send a digital Transaction Authentication Number or TAN code, which you can use to confirm your transaction. It sounds a lot more complicated than it is and it allows for sending real-time cash, useful if you’re playing bingo online and need to top up your account.
The processes above are exactly why GiroPay is popular. It is very secure because the customer account number combined with PIN and TAN codes, combines many layers of security and protection for your account. GiroPay also offers anonymous payments as your personal and financial data are not required, you simply share the TAN code.
Quick and effective you will find GiroPay on the payment methods page of many casinos. It is linked up with a wide range of different banks with online banking provisions, so you should be able to find your bank on the list. Approximately 1 million payments per month involve the use of GiroPay and it is the second most used online payment system in the whole of Germany, with Sofort taking the top spot. It is used in a range of different European countries as well as Germany, so you may find your bank on the list.
Bingo players use GiroPay as it allows them to keep their personal and financial details separate from their online gambling account. You can explore the sites which currently offer this payment method below.
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