Accepting giropay

The online payment procedure giropay was developed by the German banking industry to facilitate bank transfers on the internet. It is the result of a joint project of the German financial institutions Postbank, Sparkassen-Finanzgruppe and Volksbanken and Raiffeisenbanken and is supported by a network of more than 1,500 banks and savings banks.

In 2010, more than 5.8 million transactions were processed through giropay, and on average the system has 70,000 new users every month. There are now more than 30,000 points of acceptance for giropay on the internet (e.g., via the payment systems PayPal or ClickandBuy) and more than 900 merchants have added this payment method directly in their online offering.


The consumer enters the authentication data (PIN and xTAN) via the trusted online banking system of his or her bank. After the payment process is completed, the merchant receives a payment guarantee covering the amount of the respective purchase (up to 10,000 EUR). This allows you to ship the goods or render the services ordered immediately – without waiting for the receipt of payment.

Requirements for the consumer

Everything that the consumer needs to pay via giropay is a bank account with one of the following banks which is enabled for online banking using PIN and xTAN. Banks that offer giropay include: Postbank, almost all savings banks and cooperative banks in Germany (Sparkasse, Volksbanken und Raiffeisenbanken), numerous PSD banks, the GLS Gemeinschaftsbank and other private banks such as the Deutsche Kreditbank (DKB), MLP Bank, Cronbank, Merkur Bank, Bankhaus Ellwanger & Geiger, Bank Schilling & Co., Bankhaus Bauer and the cvw Privatbank AG.

Requirements for you as a merchant

For you as a merchant, accepting giropay requires little effort, since PAYONE provides the technical implementation and the required acceptance contract from a single source and takes care of all formalities. As the payment service provider, PAYONE provides the integration to giropay for you if you have selected the PAYONE PaymentService option for payment processing.

Request a quote now

Request your personal offer today. We would be happy to provide you with an individual offer that combines our many services in a package perfectly fitting your needs.

Payment extensions


Use our standardised extensions for an easy and seamless integration of all leading e-commerce systems to the PAYONE platform.