Sofort is a German based online payment service that sets itself up as the middle man between the depositor and the deposit account. Their service is popular for online gambling because they don’t pass on any of the client’s information. Security is of the upmost importance when funding bank roles on casinos of varying reputation and intent. Sofort can protect your identity and banking credentials from hacker and other malicious parties. Since they began operating in 2005, they have not had a single information leak or bite of compromised data. It is this perfect track record that has established them as one of the leading payment methods in Europe.
Players don’t just use Sofort because of the security risks of online gambling; it is also an exceptional payment service that handles over 2 million transactions a month. The service is instant. Money typically arrives in your account with in a minute, and the site has a great user interface that is a pleasure to navigate.
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Markets and Currencies
As it stands, Sofort is only available in the following countries. Germany, Switzerland, Belgium, Austria, the Netherlands, the UK, France, Italy, Poland, Spain, Czech Republic, Slovakia, and Hungary. All of the currencies for these countries are supported, the Euro, Pound, Swiss Franc, Forint, koruna, and złoty.
Areas of Use
As well as online casinos, Sofort is supported at over 25,000 ecommerce shops. As mentioned before it is only used in Europe, and it is not as popular as other online payment methods like PayPal and Neteller. Considering that Sofort was only founded in 2008, the scale of its adoption and growth is amazing and suggests that the payment method will continue to grow rapidly. It is available on a modest range on European casino. There is not that wide a selection, but the casinos that do offer it are some of the best in the industry. Well known shops that support Sofort payments include, Ikea, Esprit, Doc Morris, Conrad, and Palmers.
Company Name: Sofort Überweisung
Company Name UK: Sofort Banking
Slogan: Make payments the easy way with your own online banking details – fast and direct.
Supervised by: Registered at the District Court Munich
Transition Time: Instant
Min Transaction: 10 GBP
Deposit Fee: 0 Casino can set deposit fees
Established UK: 2005
Address: Fußbergstraße 1 82131 Gauting Germany
Phone Number: +44-203-318-1427
Company Number: HRB 218675 VAT ID: DE248376956
Security: PIN-code and TAN-code
Max Transaction: Determined by bank and online casino
Withdrawal fee: 0 GBP some casinos charge fees
How it works
Sofort works because of a pseudo payment system. When you fill your credentials, and tell Sofort you are going to make a payment, they receive instant conformation, and Sofort honours the confirmation of payment by passing this information on to the casino. This allows for instant transfer of funds. You don’t need to create an account. Sofort uses your internet banking credentials to begin the transaction. All transfer data is carried over automatically so that you only need to enter your bank’s sort code along with your usual online banking login details and finally the confirmation code in order to authorise the transfer.
How to make a deposit
On and online casino that supports it, chose the Sofort Überweisung payment method from the listed options in the payment section and enter the amount you want to deposit and other relevant details in the forms. After this you select your online banking system which will re-directed you to setting up the transaction. You fill in a form, with the PIN-code and TAN-code issued by your bank and confirm the transaction. It will probably take a couple of minutes for the money to be credited to your account, but it entirely depends on the online casino and how quickly they process it. Depositing money with this payment method, in most cases, will be free of fees, but you should be aware that a minimum deposit of € 10 is often applicable. The maximum deposit is determined by the online casino and you banking institution and balance.
How to make a withdrawal
If you want to make a withdrawal with Sofort, you first need to have made a deposit with them. It is best to contact the online casinos customer support and tell them that you want to make a withdrawal. On the withdrawal section of your online casino you will select Sofort as the withdrawal option and the online casino will use the information it has from when you made the deposit to send you money. This money, after the request is processed by the online casino, will be available in your account instantly.
Instant payment method. This lets you get straight to the games, while other payment methods will have you waiting for days.
Sofort is very secure. Their two-layer security measure with the PIN and TAN codes is near impossible for a hacker to crack, and they encrypt all the information that goes to the online casino. This ensures that your details are safe.
You don’t need to open an account or register for anything to use Sofort. It works from your regular bank account using your internet banking login details.
If you want to make a withdrawal, you need to have already used Sofort to make a deposit.
The minimum deposit for this method is often quite high.
The service is only available in certain countries, and not that many casinos support it.