giropay is a German online payment method which allows merchants to tap into German consumers through more than 1,500 German banks. Consumers with online banking can use giropay for free and without any registration. Upon checkout, the consumer selects the giropay checkout button, is directed to its secure online bank environment, logs in with their bank credentials and confirms payment. Merchants receive instant confirmation and can ship immediately. giropay e-payments can not be reversed and are guaranteed to merchants. Merchants who accept giropay in their ecommerce shop can reach German online shoppers who are anxious to use their card online or do not have a card at all. giropay costs include a start-up fee (100 euro), a monthly fee (10 euro), and between 0.60 - 1.20% commission fee per transaction (with a minimum of around 25 eurocent) depending on volumes. See below the Payment Service Provider supporting giropay acceptance online.
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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.
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giropay is a German online payment method which allows merchants to tap into German consumers through more than 1,500 German banks. Consumers with online banking can use giropay for free and without any registration. Upon checkout, the consumer selects the giropay checkout button, is directed to its secure online bank environment, logs in with their bank credentials and confirms payment. Merchants receive instant confirmation and can ship immediately. giropay e-payments can not be reversed and are guaranteed to merchants. Merchants who accept giropay in their ecommerce shop can reach German online shoppers who are anxious to use their card online or do not have a card at all. giropay costs include a start-up fee (100 euro), a monthly fee (10 euro), and between 0.60 - 1.20% commission fee per transaction (with a minimum of around 25 eurocent) depending on volumes. See below the Payment Service Provider supporting giropay acceptance online.
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| Website | http://www.giropay.de |
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FRANKFURT | Giropay and eps team up to offer an integrated payment solution for German and Austrian online shops. It will enables ecommerce merchants with operations on the German and Austrian ecommerce market to offer their shoppers cross-border payment in their familiar online banking environment. In October of last year [...] Read more
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