Giropay

GiroPay is an excellent ecommerce payment option for those players with a German bank account. In fact, it’s been compared directly to a German debit card and essentially that’s exactly how it works. If you are using GiroPay, payment is a seamless ecommerce solution that players use in much the same manner as a debit card. You simply plug in your GiroPay information as a payment method in casinos that accept GiroPay and with GiroPay becoming more widely accepted in online casinos all over the world it makes this method of payment a very attractive one for players who are able to use it.

One very attractive feature of GiroPay is their two stage security process; they use both PIN and TAN security procedures to make sure that their customers never become victims of online fraud. This makes this particular method of payment very attractive to players in online casinos. Some online casinos have unfortunately been notorious for ripping off their customers. While most online casinos are run very reputably all it takes is a player stepping into the wrong one to become an online statistic. GiroPay helps make sure this doesn’t happen. In fact, their processes are very transparent to add just that extra little bit of security that any Internet savvy player has come to rely upon.

Most people are familiar with the PIN procedures in where a Personal Identification Number is used. However, there are still some that aren’t sure exactly what a TAN procedure is used and how when used in conjunction with the PIN it becomes an incredibly hard system to defeat. The TAN, or Transaction Number, replaces a player’s signature and can be a series of numbers and in some cases reach as high as seventy six numbers randomly generated. So instead of just using a PIN, for example, GiroPay uses both the PIN and the Transaction Number together to help fight fraud and is virtually impossible to artificially replicate.

GiroPay is an excellent method of payment if you are able to use it. Unfortunately at this time GiroPay is only able to cater to a small segment of the online gambling community. They are certainly worth watching, however, and even in their small area of the globe have been able to carve out a very specific niche in the ecommerce community.