Giropay
Giropay is an online payment system in Germany that allows users to pay for digital goods and services directly from their online bank account. Giropay has partnered with more than 1,500 German banks which authorize the transaction and allow merchants to confirm payment in real-time.
Payment flow
- The customer selects their bank of choice and logs into the online bank account to complete the payment.
- The customer logs into their online banking account to finish the payment.
Giropay
| name | description |
|---|---|
| Countries |  DE |
| Type | Bank Transfers |
| Processing currencies | EUR |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Payout time frame | NET 30 |
| Chargebacks | No |
| Refunds | Yes |
| Partial refund | No |
| Onboarding required | No |
| Recurring Payments | No |
| Mobile UI | Yes |
| Opens new window | Yes |
| Min Transaction Limit | 0.30 EUR |
Available models:
- Merchant.
Included with your Terminal3 Payments account.
- MOR.