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Last editedJan 2020
Giropay enables German customers to make immediate payments and bank transfers.
![guides > images > alt-payments > giropay](https://images.ctfassets.net/40w0m41bmydz/2zDfDECz0jrcqy2QeMAOyU/d4cac75b91eed913e557e89aee6aba06/guides_images_alt-payments_giropay.jpg?w=600&h=200&fl=progressive&q=50&fm=jpg)
Payment type | Bank transfer |
Description | Like SOFORT and iDEAL, Giropay is based on online interbanking and enables German customers to make immediate payments and transfers. Customers are required to login to their bank by entering a PIN before purchase, increasing the security of the transaction. |
Currency | € (Euro) |
Key markets | Germany |
Key fact | 16% of all online transactions in Germany are processed by Giropay. |
Payment use case | eCommerce, One-off transactions |
Benefits | Real-time |
Considerations | Customers are directed away during the checkout flow. Designed for one-off payments. |
Example merchants | Lufthansa, Microsoft, DHL |
Additional facts + figures |
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