Best GiroPay Betting Sites
GiroPay is a German online payment method that is becoming increasingly popular with customers and bookmakers both in the country and in the surrounding nations.
But just to whom is this payment option available? And what are the benefits and drawbacks of using GiroPay instead of other methods when funding a betting account. Let’s take a look.
Top GiroPay Sportsbooks – December 2024
Average Payout Speed
0 – 24 HoursCurrencies
- AUD
- CAD
- USD
- Competitive sign-up and promotional offers
- Excellent statistics section to aid customers
- Pain-free deposit options
- Accepts both high and low limit bettors
- Lengthy and expensive withdrawal procedure
Average Payout Speed
0 – 24 HoursCurrencies
- ETH
- USDT
- LTC
- Claim a huge welcome bonus
- Lots of options from archery to Overwatch 2
- Make use of fantastic in-game statistics
- Get extra freebies through the YBS token
- Deposit and withdraw using crypto
Average Payout Speed
0 – 24 HoursCurrencies
- BTC
- LTC
- ETH
- Premier destination for US bettors
- Racebook covering daily races
- Esports and virtual sports markets
- In-depth sports stats and tips
- Intuitive live betting markets
- Limited withdrawal options
Average Payout Speed
0 – 24 HoursCurrencies
- BTC
- Top-rated US online sportsbook
- Mobile site for iOS and Android users
- Diverse range of betting markets
- Excellent customer support options
- Lines come out very late in the day
- Odds not as favorable as other books
Average Payout Speed
0 – 24 HoursCurrencies
- CAD
- AUD
- USD
- Claim an array of generous bonuses
- Climb the VIP program for extra perks
- Instantly withdraw cash via crypto
- Bet on niche markets like X-Factor
- Visit the statistics center for insights
Average Payout Speed
0 – 24 HoursCurrencies
- BTC
- LTC
- XRP
- Deposit and bet using BTC
- Choose from 25,000+ markets
- Bet in-play on a huge range of sports
- Get paid quickly with no fuss
- Friendly customer support agents
Average Payout Speed
0 – 24 HoursCurrencies
- LTC
- USD
- Generous bonuses and promotions
- Great range of betting markets
- Extensive racebook
- Very good customer service
- Only a few withdrawal options
- Fees for withdrawing funds
Average Payout Speed
0 – 24 HoursCurrencies
- BTC
- Trusted by publications such as ESPN
- Access a dedicated racing section
- Crypto-friendly sportsbook
- Adjust odds format and time zone
- Support options include call back
- Quite low sportsbook limits
Average Payout Speed
0 – 24 HoursCurrencies
- USD
- Accepts players from all over the world
- Known for their live betting offers
- Lots of secure banking options
- Great bonuses and promotions
- High fees for some deposit options
- Support agents are often slow to reply
Average Payout Speed
0 – 24 HoursCurrencies
- BPS
- CAD
- EUR
- Popular book that accepts large max bets
- Huge focus on football and basketball
- High-spec live in-play platform available
- Downloadable client for Windows & Mac
- Odds are not amazing on non-US sports
- User interface could be improved
History
GiroPay has been in existence since 2006. Owned by GmbH, the service is very similar to that offered by iDeal (Dutch) and Interac Online (Canadian). It grew quickly and by 2010, the company had processed more than 5.8 million transactions and were obtaining 70,000 new sign ups each month.
Part of the reason for the popularity of GiroPay and other similar services, is the improvement in technology and accessibility to internet banking. This means that individuals can quickly process their banking transactions from the home or office, and when funding betting accounts, unlike in times gone by, they would not need to go to their local bank to add funds.
How GiroPay Works
GiroPay acts as an intermediary between merchants and banks, and allows consumers to make secure payments online. It is an attractive option for many who don’t wish to enter their credit card details online, and depositing money with GiroPay is a relatively easy and fast process.
To use GiroPay, customers just need a bank account that is enabled for online banking and one that is set up to use a PIN and TAN (transaction authentication number). When selecting GiroPay as the payment option, customers will be redirected to GiroPay’s website and from there and the next step is to select their bank and then input their details.
Once the payment has been processed, then the betting account will be loaded with the new balance. GiroPay guarantee the payments from the banks to the bookmakers, and as such the funds are added instantly.
As well as bookmakers, e-wallets such as Skrill and PayPal accept GiroPay to fund their accounts. Virtually all German saving, cooperative and private banks are set up to link with GiroPay.
Some of these firms include: Sparkasse, Volksbanken, GLS Gemeinschaftsbank, Deutsche Kreditbank (DKB), Bankhaus Ellwanger and Bankhaus Bauer.
Benefits and Drawbacks of GiroPay Betting
There are a number of benefits and a few drawbacks to using GiroPay to fund betting accounts:
Benefits
Security
Security
GiroPay acts as a gateway between local banks and enables customers to fund their betting accounts using bank transfers, often where they would not have been able to do so otherwise.
The GiroPay solution is both very secure (AES 256-bit encryption with TLS 1.2 for secure transmission) and accepted by a large number of bookmakers and the established brand gives individuals confidence in its integrity.
Free Transactions
Free Transactions
Transactions using GiroPay are free to the customer from the banks end. Most bookmakers also provide GiroPay as a free service and therefore unlike when using some other payment methods.
Flexibility
Flexibility
As GiroPay is also available through companies such as Skrill and PayPal, it enables bettors who like the flexibility of using e-wallets to fund their accounts from their bank accounts.
Drawbacks
Availability
Availability
GiroPay is primarily a German-facing operation, although banks from some surrounding countries do have access to their services. Customers in the UK do not have access to GiroPay.