Bank discontinues popular service

ING customers have to look for an alternative: the bank has announced the end of the popular payment service Giropay. The time has come at the end of March, a specific date has already been set. However, ING does not want to say goodbye to Giropay entirely.

Giropay is the German alternative to PayPal. The service allows you to pay online, send money to friends and also offers buyer protection. Nevertheless, with ING, a well-known money house is now leaving Giropay – at least in part.

ING Bank stops supporting online payments via Giropay

In the future, the bank will no longer be the Online payment function via Giropay offer. Registrations are already no longer possible, the service itself will be phased out March 25, 2023 set (source: ING).

ING customers who pay for their online purchases via Giropay will have to look for a new provider by the end of March at the latest. Apple Pay or Google Pay, depending on the smartphone, are suitable, for example. Why ING no longer supports the payment function remains open. The bank does not give any reasons for the exit.

However, ING does not want to part with Giropay completely. the Send money to friends should also use the in-house ING app (banking to go). further possible being. “This means that you can continue to send or request money from friends free of charge in the future,” explains the bank.

Banking to go for Android smartphones and the iPhone to download:

This is how paying with Giropay works:

ING warns: More and more Germans cannot save

As a bank, ING has a deep insight into the country’s economic situation – and in 2022 it looked anything but good. Rising energy prices and inflation have hit citizens’ wallets hard. According to a study commissioned by the ING Bank, 30 percent of people in this country have no more savings.

Sparkasse and Volksbanks have also made similarly dramatic comments in the recent past.