Established by a group of German banks in 2006, Giropay is today covering more than 1.500 banks in Germany. Giropay is accessible by more than 45 million bank account holders and allows buyers to pay securely and easily via their trusted online banking environment and without the need of an extra registration or any additional hardware or software.
With more than 1 million transactions per months, GiroPay has the highest market share of all online bank transfer LPMs in Germany’s online retail. Giropay is offered by more 28.000 webshops today and merchants benefit from an immediate payment confirmation and Giropay’s payment guarantee (i.e. no risk of chargebacks).