SOFORT offers online money transfer services to shoppers from Belgium, Netherlands, Germany, Switzerland, Italy, Austria, and the UK. SOFORT supports several banks in Europe. Buyers from those countries can transfer money to merchant's account using SOFORT.How It WorksThe first step is to select your country, then choose your bank that you want to transfer money from. The next step is to log in; your bank will receive your log in details in an encrypted format. In the third step, you will be asked to feed in a confirmation code, and this code can only be used once. In the last step, you will get an order confirmation notice or SOFORT transfer summary. SOFORT is a real-time bank transfer; shoppers finish all the transaction just in a single login.SecurityYou can be sure to use SOFORT for online banking without worry of losing your money. It has Approved Data Protection system and Approved Payment System for total protection of your data. Their system does not store your banking details to ensure your security.Pros and ConsIt is among the best payment methods that will ensure the safety and confidentiality of your transactions.You will not be overcharged on the service fee. The merchant and bank fee will cover the service charges, and again you are not charged when you deposit any amount of money.
If you intend to use SOFORT for playing online casino, then know that you cannot withdraw balance from your casino account using SOFORT.