SOFORT, short form for Sofortüberweisung, is a German online financial services company. SOFORT, which literally means immediately in German, is quite a catchy name which fits the story behind the banking service quite well. It was in 2005 SOFORT was established after the idea of providing customers with a payment method that they are already used to making use of existing online banking details. And although this online payment service started in Germany, SOFORT became an international payments service provide as today SOFORT AG, headquartered in Munich, is collaborating with more than 25,000 online shops and providers of e-commerce software and shop solutions in Germany, Austria, Switzerland, the Netherlands, Italy, Belgium, Poland, and the United Kingdom.
What is an e-Wallet?
You can either choose to transfer money from your personal bank account into your online casino account, but you can also choose one of the many e-Wallet services available. Skrill and Neteller are the most popular e-Wallets, but SOFORT is becoming rather big as well in a fast tempo.
The biggest advantage casino players experience when using an e-Wallet is the fast, simple and secure way to transfer money into their online casino account keeping control of their casino budget. An empty e-Wallet just simply means no more deposits can be made until the e-wallet has been filled up again. Fair enough, as you won’t buy a thing in a shop or supermarket when carrying an empty wallet with you or useless credit cards.
How does SOFORT work?
First it’s up to you to check whether the Netent Casino of your choice is offering SOFORT as a payment service. If so, select SOFORT as a deposit option and fill in the amount you would like to transfer into your online casino account. Login with your SOFORT banking details and confirm the transaction. The money will be transferred instantly into your account which makes this way of depositing easy and secure, but also very fast.
The SOFORT payment system eliminates the need for third-party financial institution giving you primarily three advantages. Firstly, the transaction is lightning fast as the system creates a direct link to the bank so the transaction can be verified, and a confirmation can be sent to the merchant faster than other systems. Secondly, the processing fees don’t exist using the service to make a deposit into your Netent Casino account.
Simply because there are no third-party companies that take their share of the transaction as payment for their services. The third advantage is the fact SOFORT is a very fast growing payment service embraced by many Netent Casinos. This means more and more online casinos are offering SOFORT as a payments service.
Deposit with SOFORT
Use SOFORT to deposit money into your online casino account easily by transferring money from your bank account to your SOFORT account. This same SOFORT account can be seen as an electronic wallet as you are parking your money into this account until you spend it at one of the online merchants or online casinos.
The moment you use your SOFORT e-Wallet to deposit money into your account, you can transact freely and securely without exposing your bank account or your privacy to misuse or harm. In order to use SOFORT, you must have a Skrill (Moneybooker) account, a respected and safe digital wallet service.
Available for deposits and withdrawals
Advantages: fast and easy transaction
Alternatives: Skrill, Neteller