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What is Sofort and how to use it?

Sofort is an online banking system which is available in Western and Central European countries and is the online payment method number one in Germany and Austria, its country of origin. In our review you can learn how to use Sofort, what are its upsides and downsides and more specifically how to withdraw from Sofort and make deposits in online casinos using this payment system.

Basically, this banking system plays the role of a middleman between your bank and the online operator who provides you with some kind of internet services. 35,000 renown online shops like IKEA or Austria-based company INTERSPAR accept Sofort payment method since it is free and is regarded to be sufficiently safe.

This banking method is also popular among the online casino players since it does reveal their financial information to the gambling operator and allows one to make a deposit through Sofort without worrying about the anonymity of one’s bets.

On our website, you can find the Sofort casino list with the detailed review of each casino as well as the selection of PayPal casinos, in case Sofort is not available in your country.

How to deposit money to a casino account via Sofort?

Sofort allows you to make deposits in online casinos in a very safe way. First of all, you should have an online banking account in one of the associated financial institutions like Deutsche Handelsbank, Raiffeisen Bank and so on. Afterwards, check whether your online casino supports Sofort deposit option and choose it as your payment method. Next, you will be redirected to the Sofort website where you will have to fill in the transfer form and enter the PIN-code and Transaction Authentication Number (TAN-code) provided to you by your bank.

That’s it. In a minute time, your transaction will be completed. As you see from our review, by using Sofort casino deposit can be made in a very easy and safe way without any tedious registration procedure.

How to withdraw money if I deposited via Sofort?

Before being able to withdraw your winnings from an online casino with Sofort you should first make a deposit by using this payment service. When you withdraw your money with Sofort casino already has the information you filled in when making the deposit and will use it to transfer the payment to your online banking account. However, the withdrawal may take up to 72 hours and not all Sofort casinos will let you withdraw money using this online banking system.

What are the advantages of using Sofort?

In our review we have already mentioned many of the advantages of this banking system which we will sum up below:

However, if you happen to live in one of those countries where Sofort is not available yet, you can still check the list of Skrill casinos which support a safe banking method which has many of the features we describe in this review when referring to Sofort.

What are the disadvantages of using Sofort?

There are however some obvious disadvantages when it comes to using Sofort as a banking method in online casinos which we have already mentioned in our review.

Sofort globally

Initially, this safe banking service was established in 2005 in Munich, Germany under the name Payment Network. In 2012 it changed its name to Sofort AG and nowadays it has branches in the following European countries:

Sofort is supported as a banking option in more than 35 000 e-shops and carries out around 2 million online payment transactions per month.

Sofort is a part of the Klarna Group whom in 2016 the CNBC news channel included in its review of the 50 companies in the world whose innovations will change the future of business.

However, you should not feel discouraged if banks in your corner of the globe do not support Sofort countries throughout the world have other innovative payment methods. For example, if you live in Australia or New Zealand you can check our list of POLi casinos which support a very convenient and safe banking option whose review you can also find on our website.

Is it safe to deposit money via Sofort?

We hope that by reading our review so far you are already convinced that when playing in casino online Sofort is the banking system which can definitely guarantee that the transactions of your payment are completely safe.

As we have already mentioned, such a safety in your online casino experience is first of all guaranteed by the two-layer security system which includes a PIN-code and TAN-code. The latter is created anew for each transaction and protects your information even if the PIN-code is disclosed. This is why when playing online in casino Sofort should be your banking system of choice if safety is your priority number one.

Since 2005 there has not been any cases of information leakage or identity theft in any of the Sofort casino online payment made via this banking service is described by many of the European casino players in their reviews to be safer than when made by credit cards or e-wallets.

However, if you live in a country where Sofort is not yet available there could be many banking options for you to safely transfer your payments to online gambling venues and if you want to learn about some of them go check our list of Neosurf casinos and the review of the payment service which they support.