Giropay is an interbank system, introduced by the German banks in 2005 as the official payment method for online banking. It is accessibleby more than 40 million shoppers and accounts for 16% of all onlinetransactions in Germany. When paying with giropay, the shopper isredirected to their bank’s website or app to complete the payment.For most giropay payments, you’ll receive immediate confirmation ofwhether the payment was successful. For a small number of paymentsyou will not receive an immediate confirmation, and will need to rely on webhooks to confirm thepayment.
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Processing News is an Online Wikipedia of the payment world. We collect and publish information about payment habits in different countries, describing methods that payers use in their daily life.
We attract website owners and payment professionals on our portal through marketing channels and personal communication. Also we work as affiliates and recommend to the website owners where they can find a PSP who supports their business model and we introduce clients to PSP.
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