The Giropay online payment method is extremely popular among German consumers, making it a perfect solution for online shops targeting the German market. The payment process is quite similar to the iDEAL process. It's secure, familiar and handled entirely via the consumer’s own online banking environment. More than 80 percent of all German banks are affiliated with this scheme, which means this payment option opens your online shop up to 40 million potential customers!
Online payment method for German consumers
Offering the Giropay payment method in your online shop is particularly interesting if you're offering your products online to German consumers. The system is quite similar to the popular Dutch iDEAL system, is easy to use, and every transaction is 100% guaranteed because it's handled directly via the consumer’s own online banking environment. Around 75% of all Germans have a Giropay card, which allows them to use this payment method.