giropay Acceptance

giropay Acceptance – As easy, quick and secure as online banking

With giropay Deutsche Card Services offers an up-to-date online payment method for German customers which combines immediate order processing and the security and wide reach of online banking.

giropay is based on the PIN/TAN procedure used in online banking. It meets the highest security requirements and offers clear advantages to merchants: payments cannot be revoked and merchants enjoy a payment guarantee for up to EUR 10,000.

The immediate payment confirmation permits merchants to deliver the goods directly and without risk.

Who needs giropay Acceptance?

In principle, the target group consists of all online merchants who want to appeal to German customers. giropay is particularly attractive for merchants which

want to appeal to consumers who do not hold a credit card (e.g. teenagers, customers with no regular income) or
want to prevent customers from easily cancelling payments (e.g. travel or download sector).

Reasons to choose giropay Acceptance

High security thanks to two-step PIN/TAN procedure (fraudsters cannot even log in).
Direct communication between customers and bank, no involvement of third parties.
Pre-completed templates prevent entry mistakes.
Immediate payment confirmation and quick and secure payment receipt.
No risk of non-payment thanks to payment guarantee of up to EUR 10,000 per transaction.
Online payment method without credit card use.
High market penetration, covers more than 80% of all German online accounts.
Risks lower than for credit cards, direct debits and invoicing; quicker than pre-payment.

For further information please download our [Factsheet].