This payment method accounts for 10% of all online transactions. When using it on an online lottery site, customers are redirected to the Giropay website to authenticate a payment, and the success or failure of the payment is immediately communicated. It remains one of the most popular deposit methods used by online lottery players in Germany and Austria.
Safety and accepted countries
Since the customer must validate the payment with their bank, the danger of fraud or unrecognized payments is limited. As a result, punters won't have any chargebacks or funds removed from their online lottery accounts due to disputes. Notably, payments made with GiroPay can be returned up to 180 days after they were made.
Currently, Germany and Austria are the only countries that accept GiroPay. In 2014, the company cooperated with the EPS system, which is used by Austrian banks to enable cross-border payments. If one’s bank does not allow them to use GiroPay to send money, they can use another payment option available for different lottery sites online.