Review of Sofortuberweisung Payment Option

Sofortuberweisung was established in the year 2005 by a sharp mind named Stefan Krautkramer. Earlier, it was mainly known under the name of the Payment Network. In 2014, this company was acquired by the Swedish banking giant called Klarna which then formed the Klarna group. Sofortuberweisung is headquartered in Munich, Germany.

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Sofortuberweisung is a leading direct payment system that has gained a lot of popularity in the international shores for its secured and highly convenient payment method. It is renowned for its ease of transaction during bank transfers and also while purchasing goods online. Its wide-ranging banking portfolio includes instant payments, fast withdrawals, and secured payouts. It is constantly aiming to churn out new products that will benefit its customers in online payments and in venturing into the e-commerce segment.

This organization is also nicknamed as Sofort and this German word has been translated for each country that it operates in. In English speaking countries, it roughly translates to Pay Now'. Sofort Banking has a robust operation network in 13 countries which include the Czech Republic, Belgium, United Kingdom, Italy, France, to name a few. It has also spread its footprints in countries like Spain, Switzerland, and Austria.

Here are some of the reasons why Sofortuberweisung is a favorite among the customers:

  • Sofort can flaunt to provide a highly safe interface for bank transfer.
  • The security system for the banking procedure is highly encrypted and is layered with a 2-code system.
  • It can operate in many different languages.
  • It enables instant payouts and is convenient to use in any online store.
  • There is no fee for international bank transfer except in certain cases.

SofortuberweisungDeposit and Withdrawals

Many casino players prefer to deposit or withdraw money using bank transfer. Sofort Banking collaborated with many casinos to provide a safe transaction passage to all the players so that they can make their deposits and withdrawals without any security concerns.

Here are the steps through which players can deposit money into their casino account using Sofortuberweisung:

  • First, look for Sofort payment option in the Cashier' section of the casino

Sofort is a widely used banking option in various casinos. Go to the Cashier' segment on the online casino website. Select the Sofort option to proceed with the payment of a deposit.

  • Authenticate the codes in the Sofort page

Once you select the Sofort payment option, you will be taken to its banking page. Log in to your account using your name, account number, and password. Once you are on your account page, enter the deposit amount (also bonus code if you come across any) and proceed towards payment. You need to authenticate the payment using a TAN code (transaction code) and PIN code.

  • Check your casino account to see if the deposit amount is reflected

Once the TAN and PIN codes get verified, it will take a few seconds to transfer the amount to your casino account. You can check your casino account to see if the amount is reflected there.

Now that you have an idea about the deposit procedure of Sofortuberweisung, this segment will tell you about how to withdraw your winning amount through Sofort.

  • Firstly, you need to ensure that the concerned casino has Sofortuberweisung as one of its withdrawal options.
  • You need not worry about documentation and refilling details as you must have already done that while making the deposit. Your details will already have been verified by the casino.
  • You need to choose Sofort as your withdrawal option.
  • Also, you have to mail the casino stating your desire to have your winning amount transferred to you through Sofort Bank Transfer.

The processing time of Sofortuberweisung is very less. Once the casino verifies and validates your winning amount, it will get transferred to your account within no time. The transaction time can be instant. In certain cases, it might take 2-5 days to credit the amount to your account depending upon the policies of the casino.

Pros and Cons of Sofortuberweisung

Sofortuberweisung is a leading name in the internet banking segment which has revolutionized the way in which people conduct online transactions. It is estimated that Sofortuberweisung sees approximately 3 million monetary transactions every month on its platform.

Here are some of the pros and cons of Sofortuberweisung:

Pros of Sofortuberweisung:

  • The sensitive data is highly encrypted and it has a 2-code protection layer. You need to provide a TAN code and a PIN code in order to authenticate the transaction. This way Sofort ensures that there are no chances of any fraudulent activities taking place with its users.
  • The deposit and withdrawal process is very fast. Unlike other bank transfers, the transactions take place instantly. You don't have to wait for days to see the winning amount getting reflected in your account.
  • You do not have to waste any time in setting up a Sofort account. It works with your existing bank accounts. You do not have to spend any time filling up your personal details and setting up a Sofort account.
  • Sofortuberweisung comes to the aid of customers whose card has been blocked or in case their card transactions are declined.
  • It has provisions for local currency settlement.
  • It helps the consumers feel secured as they get to transact from their preferred local bank.

Cons of Sofortuberweisung

  • The services of Sofortuberweisung are restricted to the region of the European Union and are only accessible to the people of around 13 European countries.
  • Sofortuberweisung performs its transactions only on the Euro currency. So in case if a customer wants to deposit or withdraw in some other currency, there might be a processing fee for the currency exchange procedure.

SofortuberweisungCasinos FAQ

Is It Safe to Play at Sofortuberweisung Casinos?

Yes, it is safe to play at Sofortuberweisung casinos as this payment option is highly encrypted to prevent any fraudulent activities. So you need not worry about safety while playing at any Sofortuberweisung casino.

Do Every Casino Accept an Sofortuberweisung?

Sofortuberweisung is mainly accessible to the people of the European Union. This banking option is so viable that the company is trying to expand its horizon to different countries globally to bring nearly all the casinos under its ambit.

Are Sofortuberweisung Casinos Legit?

Yes, Sofortuberweisung casinos are legit. Sofortuberweisung is operated by major banking doyen, Klarna, that adheres to strict compliance procedures to keep its customers safe.

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