Giropay Alternatives.

Open Banking as an Alternative for Giropay

Giropay goes offline, here is how Open Banking can help coping with the changes today.

Giropay

Giropay Alternatives.

Open Banking as an Alternative for Giropay

Giropay goes offline, here is how Open Banking can help coping with the changes today.

Giropay

Giropay Alternatives.

Open Banking as an Alternative for Giropay

Giropay goes offline, here is how Open Banking can help coping with the changes today.

Giropay

Giropay Alternatives.

Open Banking as an Alternative for Giropay

Giropay goes offline, here is how Open Banking can help coping with the changes today.

Giropay

What is changing?

What is changing?

What is changing?

GiroPay is being depreciated and merchants will no longer be able to process payments through its API after December 31, 2024. Merchants need to adapt quickly to ensure smooth payment processes. Open banking can ensure that your payments remain unaffected and function just as smoothly as before.

Why Open Banking?

Receive instant bank payments directly from customers' bank accounts, manage recurring payments, and settle funds seamlessly with real-time open and closed-loop payouts — all powered by open banking.

Benefits of Open Banking:

Boost Sales

Expand your customer base by enabling a broader range of shoppers to complete transactions. This flexibility improves checkout completion rates and stimulates revenue growth, ensuring no sales are lost. 

Cut Costs

Funds are transferred directly between accounts without the involvement of intermediaries, resulting in lower transaction fees, reduced processing costs, and improved profit margins for merchants.

No Chargebacks

Payments are settled instantly, enhancing cash flow management. Once a transaction is completed, the funds are irreversibly transferred. Customers cannot initiate chargebacks without the merchant’s approval.

How does Open Banking work?

Checkout screen with pay by bank at the top
Bank selection screen
Bank app with faceID
Payment success screen

01.

Select 'Pay by Bank'

Choose Ivy’s "Pay by Bank". Trusted local banks create confidence and drive conversion.

02.

Choose your bank

03.

Authorise instant payment

04.

Success!

Checkout screen with pay by bank at the top
Bank selection screen
Bank app with faceID
Payment success screen

01.

Select 'Pay by Bank'

Choose Ivy’s "Pay by Bank". Trusted local banks create confidence and drive conversion.

02.

Choose your bank

03.

Authorise instant payment

04.

Success!

01.

Select 'Pay by Bank'

Choose Ivy’s "Pay by Bank". Trusted local banks create confidence and drive conversion.

02.

Choose your bank

03.

Authorise instant payment

04.

Success!

01.

Select 'Pay by Bank'

Choose Ivy’s "Pay by Bank". Trusted local banks create confidence and drive conversion.

02.

Choose your bank

03.

Authorise instant payment

04.

Success!

Why Ivy?

Best-in-class Connectivity

Ivy provides unrivalled coverage by integrating multiple providers into a single network. Through one API, you gain access to 28 countries and 5,000 banks across Europe, ensuring seamless connectivity.

Leading Conversion

Ivy's Smart Routing Engine enhances payment success by intelligently routing each transaction to the provider in our network with the highest conversion rates.

Optimised Adoption

Ivy boosts adoption by offering a white-label solution that builds trust with first-time users, while our user network is designed to enhance flows for returning customers.

What our customers have to say...

What our customers have to say...

What our customers have to say...

What our customers have to say...

Ready to transform your payments?

Connect with an Ivy expert today and discover how we can elevate your business through seamless Open Banking solutions.

Ready to transform your payments?

Connect with an Ivy expert today and discover how we can elevate your business through seamless Open Banking solutions.

Ready to transform your payments?

Connect with an Ivy expert today and discover how we can elevate your business through seamless Open Banking solutions.

Ready to transform your payments?

Connect with an Ivy expert today and discover how we can elevate your business through seamless Open Banking solutions.

Giropay is going offline – ready to flip the switch?

Connect with an Ivy expert today and discover how our seamless Open Banking solutions can support your business with real-time transactions and boost your payment conversions as you transition from Giropay to Ivy.

Copyright © 2024 Ivy GmbH. All rights reserved.


Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Ivy GmbH further partners with regulated financial companies for the issuance of electronic money and payment services. These partners include Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorized and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) and Swan a simplified joint-stock company (SAS) registered with the Bobigny Trade and Companies Register under number 853 827 103. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act – for more information please see the Modulr or Swan Introduced Client Terms.

Copyright © 2024 Ivy GmbH. All rights reserved.


Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Ivy GmbH further partners with regulated financial companies for the issuance of electronic money and payment services. These partners include Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorized and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) and Swan a simplified joint-stock company (SAS) registered with the Bobigny Trade and Companies Register under number 853 827 103. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act – for more information please see the Modulr or Swan Introduced Client Terms.

Copyright © 2024 Ivy GmbH. All rights reserved.


Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Ivy GmbH further partners with regulated financial companies for the issuance of electronic money and payment services. These partners include Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorized and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) and Swan a simplified joint-stock company (SAS) registered with the Bobigny Trade and Companies Register under number 853 827 103. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act – for more information please see the Modulr or Swan Introduced Client Terms.

Copyright © 2024 Ivy GmbH. All rights reserved.


Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Ivy GmbH further partners with regulated financial companies for the issuance of electronic money and payment services. These partners include Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorized and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) and Swan a simplified joint-stock company (SAS) registered with the Bobigny Trade and Companies Register under number 853 827 103. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act – for more information please see the Modulr or Swan Introduced Client Terms.