Accept GiroPay Online Payments

Accept GiroPay Online Payments with Citopay Online Merchant Services

Giropay is an Internet payment System in Germany, based on online banking. Introduced in February 2006, this payment method allows customers to buy securely on the Internet using direct online transfers from their bank account. The system is similar to the Dutch iDeal payment system, the Interac Online service in Canada and Secure Vault Payments in the United States.

Giropay offers merchants a real-time payment method (virtually risk-free) to accept internet payments. For customers, Giropay uses the same environment as their banks' online banking sites. The level of security depends on the participating bank. Some German Banks offer two-factor authentication, such as a challenge-response token based on the chip embedded in the debit card or ATM card. Others, however, offer simpler PIN and TAN based online banking services. No sensitive information is being shared with the merchant, such as credit card or Giro account numbers. There is no chargeback right however, which can be considered a disadvantage for the consumer using this payment method. This is considered an advantage to the merchants.

Citopay Online Merchant Services offers you the acceptance of a wide range of online alternative payments such as ACH, iDeal, Giropay, ELV, EPS, POLi, Przelewy24, SEPA Bank Wires and International Bank Wires.

In order to accept online GiroPay payments and other credit cards, debit cards and alternative payments at your website you will need an online merchant account. Once you have your online merchant account you will be able to accept online credit cards, online debit cards and alternative payments. The ideal situation for an online website or webshop is to provide as many as possible online payment methods so your consumer can chose his preferable online payment method.

Citopay Online Merchant Services provides to its merchants besides the acceptance of the main online payment method "credit cards" a wide range of debit cards, the main used debit cards are; Maestro, Visa Electron, Visa Debit, Laser, UnionPay, Carte Bleue and Solo.

The main online payment method used are credit cards, mainly those that are issued by Visa or MasterCard payments. However at many places around the world people use different credit cards such as ,JCB and Diners.

Citopay Merchant Services allows you to process online credit card payments in multi currency, we support a total of 120 local currencies with our online payment gateway! Besides accepting online credit cards in all major currencies our online payment gateway supports recurring credit card transactions starting at daily recurring up to annual recurring.

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