GiroPay - explained in a simple and understandable way
If you buy online, you can pay in some shops via GiroPay. In this article we explain exactly what that is and how it works in detail.
GiroPay - what is it?
With GiroPay you can now pay in almost all large and many small online shops. In addition, you can identify yourself online via GiroPay, verify your age and pay the bills received.
- Raiffeisenbanken, ComDirect, PSD, DKB and some regional banks. GiroPay works in a similar way to the Sofortüberweisung service, although all banks support it.
- If you are a customer of one of the banks mentioned, you can choose GiroPay as the payment method. By entering your account details, payment is carried out easily, quickly and, above all, securely for you.
This is how the payment method works
If your online shop supports GiroPay as a payment method, you can shop safely:
- To do this, place all products in the shopping cart and select "GiroPay" as the payment method.
- You will now be redirected to the GiroPay website via a secure connection. If you enter your bank sort code there, the service will automatically determine the associated bank.
- If you don't know whether your bank supports GiroPay, you can simply try it out. If your bank code is rejected, you will have to use a different form of payment.
- After entering the sort code, you will be asked for your access to online banking. Enter username and password and request a TAN.
- By entering the TAN, the amount of the invoice is automatically transferred from your account to the online shop.
- Summary: You can only conveniently pay in online shops by logging into your online banking account. The amount of the invoice and the recipient are already specified by the shop. By paying with GiroPay, the merchant knows that you paid immediately and can send the goods straight away.
In the next practical tip, we will show you how GiroPay performs in comparison to other online payment services.