giropay is a German payment method based on online banking, introduced in 2006. It allows customers to complete transactions online using their online banking environment, with funds debited from their bank account. Depending on their bank, customers confirm payments on giropay using a second factor of authentication or a PIN. giropay accounts for 10% of online checkouts in Germany.
giropay redirects customers to their website to authenticate a payment and there is immediate notification about the success or failure of a payment.
We recommend you use Checkout or the Payment Element so you can automatically add giropay and other payment methods from the Stripe Dashboard, without changing your code. Stripe then determines the list of supported payment methods to show each customer by evaluating the currency, payment method restrictions, and other parameters.
The following Stripe products also support adding giropay from the Dashboard:
If your integration requires manually listing payment methods, learn how to manually configure giropay as a payment.
The risk of fraud or unrecognized payments is low because the customer must authenticate the payment with their bank. As a result, you won’t have disputes that turn into chargebacks, with funds withdrawn from your Stripe account.
giropay payments can be refunded up to 180 days after the original payment date.