giropay for online stores

giropay is a widely used online payment service in Germany that is used to process purchases via online banking accounts. This payment method is very popular with German customers and is accepted by many online stores and e-commerce platforms. It offers a quick and easy way to make online payments.

Particularly fast

giropay offers immediate confirmation of payment as soon as the customer has completed the transaction. This enables merchants to initiate the shipment of goods or the provision of services immediately, which massively increases customer satisfaction.

German market

As giropay is based on the online banking system of the participating banks - especially in Germany - and customers have to authenticate themselves, the risk of payment defaults is lower compared to other payment methods.

Integration

Payrexx facilitates the implementation of giropay as a payment method and enables merchants to benefit quickly and smoothly from the advantages of this modern payment option. This allows you to offer giropay alongside TWINT, PostFinance, Reka and many others.

Functions of giropay for online stores

Currencies

Payments

All

Payout currency

CHF, EUR, USD, GBP, DKK, CAD, AUD

Availability

Switzerland, Germany, Austria, Liechtenstein, France, Italy, United Kingdom, Netherlands, Denmark

Transaction fees

  • ... - FREE plan

  • ... - STANDARD Plan

  • ... - PREMIUM plan

More

Limit per transaction

  • CHF 20,000 (Payrexx Swiss Collect)

  • CHF 30,000 (Payrexx Direct)

Payments

  • Payout to your bank account

  • Weekly payment intervals

  • Monthly payment intervals

Documentation

Advantages of giropay

For you as a merchant

giropay offers merchants several important advantages. Firstly, it enables instant payment confirmation, which speeds up the shipping of goods or the provision of services. Secondly, it reduces the risk of non-payment as it is based on the online banking system of various German banks and requires customers to authenticate themselves. Thirdly, giropay is considered a trustworthy payment method, which strengthens customer confidence. Fourthly, your customers do not have to enter any sensitive bank details on your website, which increases security.

giropay also offers wide acceptance and can offer lower transaction costs, especially for larger amounts. Overall, giropay is an efficient, trustworthy and secure payment solution that simplifies the purchasing process for customers and minimizes the risk of payment defaults, making it a popular choice for many online merchants, especially from Germany.

For your customers

Buyers do not have to enter any sensitive bank details on the merchant's website, as they are redirected to their own bank's website for authentication. This creates a high level of trust and minimizes the risk of data misuse and fraud.

Convenience is another big advantage for shoppers. With giropay, shoppers can use their online banking credentials to process payments without having to enter any additional information. This speeds up the checkout process considerably and makes online shopping faster and easier overall.

Trust in giropay is high, as it is considered a trustworthy and established payment method. Buyers rely on their bank to process the payment, which strengthens trust in the entire purchasing process.

How to activate giropay

Existing customer

Log in to your Payrexx account and activate giropay in your payment provider settings. giropay can then be offered automatically, along with iDEAL, TWINT, PostFinance, Reka, Google Pay, etc.

Not a customer yet?

Create your Payrexx account at the touch of a button and test Payrexx without obligation. giropay is already activated for Swiss merchants and you only need to have your account verified before you can receive live payments with giropay.

Frequently asked questions about giropay for online stores

  • giropay is a widely used online payment system in Germany that enables consumers to pay for purchases conveniently and securely online. To use giropay, customers need an activated online banking account with a participating Deutsche Bank or Sparkasse. The payment process begins when the customer selects giropay as a payment option and enters the desired amount.

    Once this is done, the customer is redirected to their own bank's login page, where they must authenticate themselves using their online banking credentials. This serves to ensure the security of the transaction. After successful authentication, the customer authorizes the payment, either by entering a TAN (transaction number) or by another method supported by the respective bank.

    The payment is confirmed immediately and the customer and merchant receive a confirmation of the transaction. This enables the merchant to provide the ordered goods or services immediately, as the payment is guaranteed. Another advantage of giropay is its high level of security, as the payment is processed via the bank's tried-and-tested online banking system. Customers do not have to enter any sensitive bank details on the merchant's website, which minimizes the risk of data misuse.

  • "giropay for webshops" is a payment solution that enables online merchants to offer giropay as a payment method in their webshops. With this integration, customers who want to use giropay can pay for their purchases securely and conveniently online.

    giropay for webshops guarantees the security of online payments, as payments are processed via the bank's tried-and-tested online banking system. Customers do not have to enter any sensitive bank details on the merchant's website, which minimizes the risk of data misuse.

    Integrating giropay into a webshop is usually relatively easy, as many e-commerce platforms and payment processing providers offer support for giropay.

  • giropay does not charge any fees when you use giropay as a shopper:in, whether in stores, online or in apps.

    However, merchants pay a transaction fee depending on the payment provider. With Payrexx, this is between 1.6% and 2.4%, depending on the merchant's transaction volume.

  • Paying "with giropay" refers to the use of giropay as an online payment method to pay for purchases on the Internet. In Germany, giropay is a widespread and popular way to make online payments securely and conveniently.

  • German shoppers who have a German current account and access to the giropay system can use giropay to pay in Swiss online stores that accept this payment method. giropay enables German customers to process payments securely and conveniently when they shop in Swiss online stores that offer giropay as a payment option. The transaction is processed via the customer's German current account and the payment is made in Swiss francs or in the currency of the respective online store.

  • The activation of giropay for online stores is extremely quick and easy with Payrexx. No lengthy registration procedures are required. You can also benefit from our free open source Payrexx plugins.

    This enables you to integrate giropay smoothly into your online store project.

    Further information on the implementation of giropay in the most popular e-commerce systems:

    View overview

    Also with our customized system: Payrexx Merchant:inside API

  • Setting up giropay with Payrexx is extremely quick and easy. No lengthy registration procedures are required. You can also benefit from our free open source Payrexx plugins.

    This enables you to integrate giropay smoothly into your online store project.

    Further information on the implementation of giropay in the most popular e-commerce systems:

    View overview

    Also with our customized system: Payrexx Merchant:inside API

  • If you integrate giropay for merchants with Payrexx in your webshop, we guarantee you the greatest possible security for every transaction. Payrexx enables the following security precautions when integrating the giropay payment method:

    • Personal data, both yours and that of your customers, is stored on secure Swiss servers in compliance with the GDPR.

    • Payrexx is fully PCI DSS Level 1 certified, the highest global security standard for payment data, developed in cooperation with several credit card organizations.

    • To ensure secure data transmission, Payrexx uses encryption protocols such as SSL (Secure Socket Layer) with 256-bit encryption, the highest security standard.

    • The 3-D Secure process strengthens online payments with additional identification, minimizes fraud risks and chargebacks, and ensures maximum security and customer authentication.

    Within just 5 minutes, you can accept your first online payments securely and easily with Payrexx and giropay for merchants.

Are you ready to get started? Try Payrexx free of charge and without obligation.