Overview of Sofort Payment Service
Sofort is a payment service created by a team of skilled German engineers. It is a simple and reliable payment method that is accessible to everyone. Nowadays, Sofort has become one of the most popular online casino payment services used by players worldwide. Whether you prefer table games or online slots, Sofort allows you to fund your account at any time, providing a safe real-time payment solution for EU-based players.
Sofort is available to users in most European countries and can be found as a payment method at the majority of popular online casinos in the European market. Additionally, this payment provider appears to be the preferred payment option for many players from countries such as France, Italy, Germany, and the United Kingdom.
This payment provider acts as a middle link between your bank and the online casino you are visiting. However, you can be assured that all your information will be protected from any fraudulent use. Looking at it from a worldwide perspective, payment methods like Sofort have taken over many other payment services as users have realized that it is a much more convenient and worry-free method to transfer or withdraw money.
The Origin of Sofort
In 2005, a German company called Sofort Überweisung, which means Sofort Banking in English, was founded. The original name of the company was Payment Network, but in 2012 it was changed to Sofort AG.
The company has achieved significant success in its industry and now partners with approximately 25,000 online merchants. Sofort processes over 2 million transactions each month.
The company’s expansion was made possible by investors from the United States who recognized its potential and decided to invest in it. As a result, it is now among the top 100 technology companies and is considered one of Sweden’s five unicorns.
Benefits of Using Sofort for Online Casino Payments
Sofort is widely recognized as a top-tier payment method in Europe for online transactions, especially in the online casino industry. If you happen to reside in a region where the company operates its e-payment services, it’s highly recommended to take advantage of their efficient and affordable payment options. On the other hand, if you reside outside of Europe, unfortunately, you won’t have access to Sofort’s e-payment services for online casino payments.
Advantages of Using Sofort for Online Casino Transactions
Sofort is a highly regarded payment option in Europe, particularly in the online casino sector. If you’re located in a region where the company offers its e-payment services, it’s highly recommended to take advantage of their fast and cost-effective payment solutions. Unfortunately, if you’re located outside of Europe, you won’t be able to use Sofort’s e-payment services for online casino transactions.
Using Sofort for Deposits and Withdrawals at Online Casinos
If you want to deposit funds when playing at an online casino that accepts Sofort Banking, you need to go to the cashier section and select the Sofort option. Once you’ve selected this method, you need to choose your country and financial institution from a list displayed to you. After completing these details, you can log into your banking account and execute the full transaction.
Once you’ve completed the transaction, you will need to verify the amount you wish to deposit and see if it’s correct. This is why you will receive a one-time passcode (OTP), which is usually sent as a message on your mobile phone. When the whole process is completed, you will see the money appear in your online gambling account.
However, players at online casinos who want to use Sofort Banking for withdrawals should know that the process is quite tricky. Not all online casinos offer this payment option, mostly because the money transfer is made manually into the player’s account. Moreover, withdrawal times may also vary depending on the casino you are attending. When it comes down to the charges applied, this payment method is quite transparent, and they have a fee of 0.9% plus $0.25 per transaction.
Sofort’s withdrawal speed will depend on the casino, but the general time is up to 72 hours.
The Benefits of Using Sofort
- Sofort prioritizes the security of its customers by encrypting all information, ensuring that your data remains safe and secure.
- The instant completion of transactions is one of the biggest advantages of Sofort, making it an ideal payment method for online casino players.
- Sofort is available to a wide range of players across the European Union and works with most major banks, ensuring that almost everyone has access to this service.
- This payment service is highly flexible and can be used on almost any device, including desktop PCs, smartphones, and tablets.
Advantages and Disadvantages of Sofort
There are pros and cons to every payment method – we’ve listed why we think Sofort has both a good and not so good side below.
- Mobile Friendly
- Highly Secure
- Easy to use
- Some Fees
- Not Accepted Everywhere
Live Casinos That Accept Sofort
The most thrilling segment in most online casinos is the live casino section where players can enjoy a wide variety of classic games such as Live Blackjack, Live Roulette, and Poker. However, it is crucial to be able to deposit funds quickly while playing such games, especially if you think you have figured out which number the roulette is going to land on.
Furthermore, with the use of such a reliable and hassle-free payment provider, players can focus more on the games at hand rather than worry about their deposits.
Mobile Casinos Accepting Sofort Payments
Sofort Banking offers its players a fully compatible app and mobile version of their site, allowing them to easily check their accounts for any irregularities with just one click. Whether or not online casinos accept Sofort payments is up to each individual gambling site, but due to its widespread popularity, many gaming providers are implementing this payment service.
Furthermore, most online casinos in 2020 offer a fully compatible mobile version, so it should not be an issue to use your Sofort account to pay if the casino offers this option. Additionally, by using Sofort’s mobile app, you can easily check your balance after depositing funds.
Sofort Casino Offers
When you sign up for an online casino and want to claim your welcome package or any other deal, you have the option to deposit money via Sofort if it is offered as a payment method by the casino you’re playing at. Additionally, all payments made with Sofort are processed instantly, and your bank account is charged a minimal fee.
By using Sofort, players can take advantage of unique bonuses such as:
- 200% Casino Bonuses: Enjoy your favorite games with double the cash.
- Free Spins Bonuses: A great way to spin the magic reels at the slot of your choice and let the bonus features shower you with prizes.
- Many other exclusive bonuses: For a detailed list of our unique deals, please visit the dedicated section.
Sofort Banking Fees and Charges at Online Casinos
When using Sofort Banking as a deposit method at your online casino, you will be charged a fee of 0.9% and a one-time fee of €0.25, which is a very small amount. There are no other hidden costs involved and you can carry out your transaction whenever you want. Your bank may apply a small fee when converting your money into a different currency, but this is a standard banking procedure. Withdrawals will also incur a small bank charge that represents your bank’s fee for processing your transaction.
Customer Support at Sofort
Sofort has a proficient customer support team that is managed by Klarna. Therefore, if you have any inquiries, you can reach out to Klarna’s skilled team, who will provide you with assistance. You can access their FAQ section and contact them via email or phone.
The Safety of Sofort for Online Casino Transactions
Although we recommend reading reviews before selecting an online casino, you can trust Sofort for secure transactions with the casino of your choosing.