What is it?
Germany’s most popular way to pay online is the bank transfer, used in 51% of all online purchases. This makes Giropay, integrating over 1,500 German banks, a very popular payment method on the German market. Because it uses real-time bank transfer, the payments made with Giropay are 100% guaranteed.
How does it work?
The customer selects their bank from the list of participating banks.
After selecting the bank, the customer logs in to the online banking environment.
In the online banking environment the customer reviews the prefilled payment details.
If all the information is correct the customer authorizes the payment.
After the authorization the customer will receive a confirmation and the product will be send.