Banking Method: SOFORT

How to use SOFORT at an online casino

SOFORT is an online banking method that works on the basis of traditional online banking services.

The advantage of using this service at online casinos, lies in the fact that you do not have to open and register a virtual account, or wallet, as it works off of a direct online transfer from your personal banking account.

When on the casino cashier page, and you opt to fulfil payment via SOFORT, you will be directed away to a safe and secure SOFORT.com online form. Here you will just need to provide your bank’s sort code, and log in details. SOFORT will undertake to secure the funds from your bank and ensure that the online casino is paid in real time, without having to wait for standard clearance times as you normally would have to with bank transfers. This will speed up the expediting of services and goods purchased.

No registrations are needed. All you need to use this service is an online banking profile from your personal bank with confidential login details, and confirmation code procedures. 
 

Deposit and Withdrawals at online casinos

Payments that are made through SOFORT banking to your online casino account are settled in real time with instant clearances. All you need to do is select SOFORT as your preferred deposit method when transferring funds into your gambling account and you will be ready to play your favourite slots and table games within a matter of seconds. 

There is no savings pocket, therefore no cashouts are necessary. SOFORT is purely an online payment solution. Cashouts would have to be done by some other means.

Once a transaction has been made, there is unfortunately no way of cancelling the payout to the casino. You will have to contact the support team of the online casino, should you deposit the wrong amount. They would then transfer the refunded amount directly into your personal bank account or refund it to your casino account balance.
 

Fees for using Sofort at online casinos

There are no extra fees involved when using the SOFORT banking services, other than your own personal banking fees levied for transactions, should you have any. In fact, around 20% of merchants will grant you a discount for opting to use SOFORT banking services, due to its safe and instant transaction times. The safety procedures put in place result in the peace of mind of both consumer and client, thereby producing an atmosphere for rewards all round.

According to a study done in 2012 by EHI Retail Institute, SOFORT is the online payment method least likely to accrue payment charges by merchants. Hard to believe that such an outstanding and secure service would be offered to the public for free.
 

Security when using SOFORT at an online casino

When playing at any online casino, you want to be sure that your funds are in good hands. Many reputable casinos have an SSL-encryption implemented on their website, making sure you are protected from prying eyes. However, SOFORT likes to go the extra mile to make sure they, too, make sure that you are fully protected from third parties. Highly secure measures have been put in place by means of:

• Multi-level authentication processes and one-time validity of the confirmation code.
• Entry of your online banking details and confirmation codes occurs on a secure payment form of SOFORT GmbH, away from the access of merchants.
• Sensitive information like login details etc are not stored.

Support when using SOFORT 

Should there be issues with payments coming off of your casino account, then it would be advised to contact your bank’s customer services department to rectify these issues. You can also contact SOFORT’s support center via email on [email protected], and leave a detailed description of your issue along with your contact details, and a customer care representative shall attend to you.

Issues surrounding deliveries, orders, fulfilling of services and dispatching should be taken up with the merchant that you have opted to use.

CONCLUSION 

With more than 150 million successful transactions (now averaging around 2 million transactions a year) in more than 35 000 authorised merchants, SOFORT banking has joined the leaders in online paying methods in Europe.