Sofort Casinos

About Sofort

The word ‘sofort’ translates as ‘instant’ in the German language. This European instant bank transfer provider is particularly popular in Germany. However it is also available in the United Kingdom, France, Austria, The Netherlands, Belgium, Sweden, Italy, Spain, Finland, Norway, Switzerland, and Poland.

This payment method uses SMS transaction verification and transaction monitoring. Besides, it has a dedicated anti-fraud team, making it one of the safest options for making payments in online casinos. As you are also required to enter a transaction authentication number (TAN), your account is always protected from unauthorized access.

This payment method is operated by Sofort GMbH, which was founded as Sofortuberweisung in Munich, Germany, in 2005. It was acquired by a Swedish fintech company called Klarna in 2013. Both these companies continue to operate on a standalone basis today under the Klarna Group.

Sofort is compatible with most European banks and only requires access to online banking. It meets the highest standards of security and is based on the online banking procedures approved by the competent authorities. One of the greatest benefits of using this payment method is that it’s a lot quicker than the regular bank transfers.

Millions of Sofort transactions are carried out every month. Over 35,000 online merchants have included it as one of the payment methods for their customers. The company has more than 15 years of experience in the European markets, making it one of the most trusted payment methods in the region.

Pros and Cons of using Sofort in online casinos

Sofort is one of the safest ways to shop online and deposit funds into your online casino account. You can use your banking details online with this payment method without sharing your sensitive personal data or card details on the casino website. Your banking information is entered into a secure payment form, which can’t be accessed by the merchant or online casino.

Your login details, confirmation code, and other confidential data are never visible to your online casino and even the Sofort employees. Before choosing Sofort as the preferred payment method in your online casino, you might want to consider its pros and cons.

How does Sofort compare to other payment methods?

While using Sofort for your online casino transactions, the banking details that you provide are never shared with the website. This gives it an extra layer of security when compared with the traditional payment methods such as bank transfers and credit or debit cards. You’ll only need to be careful about the choice of your online casino for ensuring the safety of the information that you provide online.

Prepaid vouchers like paysafecard don’t require you to enter your sensitive personal information while making your transactions. Besides, you’re not charged any fees for depositing funds into your casino account. Despite such benefits, there’s always a possibility that you might lose your prepaid voucher accidentally or someone might steal it. If such incidents occur, you won’t get back your voucher.

The popular e-wallets like PayPal and Skrill are also highly efficient when it comes to online security. They don’t require you to provide any personal or financial data during the transactions. It is the relatively higher transaction fees charged by these e-wallets that make most European players choose Sofort.

You can also use any of the popular cryptocurrencies as your payment method. They provide you with the highest levels of data security and have extremely low transaction fees. It is the volatility of cryptos that many online casino players are wary of, as it can affect their winnings.

Sofort Fees

The fees charged by Sofort includes a fixed charge of €0.25 and 0.9 percent of the transaction amount. Some online casinos have additional transaction fees that they charge for Sofort users. However, they’re quite rare as most casinos won’t have any transaction fees if you’re using Sofort as your preferred payment method.

Most deposit methods used in online casinos will have an upper limit per transaction. In case of this payment method, you won’t see any considerable limits. It would be a good idea to go through the terms and conditions of your online casino to know if it has any limits on Sofort transactions.

Usually, you’ll have a complete understanding of the fees charged by your online casino when you’ve read its terms and conditions. If you’re still not clear about the transaction fees, you can get in touch with the customer support team via email, phone, or the online chat option.

How to use Sofort for deposits

It is important to keep in mind that Sofort is only available for those with European bank accounts. Nearly all banks in Germany and some in select European Union countries provide instant banking through Sofort. So, if you’re a player based in any of these countries, you can fund your online casino account easily by using this payment method.

To make your deposit, you’ll need to log in to your online casino account. Once you’re logged in, navigate to the cashier, banking, or payments section. Select ‘Sofort’ as your preferred payment method. In some online casinos, it will appear as ‘Klarna Sofort’. Upon proceeding further, you’ll need to select your bank from the list and enter the amount you want to deposit.

After confirming this amount, you’ll be redirected to your bank’s online banking platform. Log in with your credentials and confirm the transaction. This usually involves using a TAN code. Once you confirm the transaction, you’ll be redirected back to the casino website and the funds will reflect in your online casino account.

How to use Sofort for withdrawals

You’ll need to choose a different withdrawal method as Sofort is used mainly to speed up payments to the online merchants. The online casino you’ve chosen will certainly have a range of withdrawal methods to choose from. You can either cash out your winnings to your bank account or use a reliable payment service such as Trustly.

Once you’re logged in on your casino website, head to the cashier, banking, or payments section. Select the option to withdraw your winnings and make an appropriate choice from the list of available methods of withdrawal. Upon proceeding further, specify the amount you want to withdraw.

You’ll then need to follow the steps required by your chosen method of withdrawal. This typically involves entering your banking details and confirming your withdrawal request. If the transaction is successful, you’ll receive your funds in your bank account within five to seven business days.

How secure is Sofort?

Sofort is a highly secure payment method, which you can confidently use for playing your favorite games in a trusted online casino. All the transactions are protected with high levels of online security. All the sensitive information that you enter into the Sofort payment system is not shared with anyone.

This prevents your online casino account from hackers and ransomware attacks. All the connections are secured with a 265-bit encryption technology and your sensitive data is never stored. The greatest benefit of using Sofort is that you don’t need to register or sign up for an account in order to use the service. All you need to have is an account with a partner bank of Sofort.

Your account is kept safe and secure with Sofort’s TUV ISO-27000 data protection protocols. It comes from the family of ISO27K standards that cover a broad range of information security standards. They are published by the International Organization for Standardization and International Electrotechnical Commission.