What is SOFORT?
SOFORT is an online bank transfer payment method popular in Europe, particularly in Germany and surrounding countries. It allows customers to pay directly from their bank account during checkout.
How does SOFORT work?
Customers select SOFORT at checkout, log into their online banking environment through a secure interface, and confirm the payment. The merchant receives confirmation immediately.
Why is SOFORT popular?
It offers a familiar banking experience, does not require card details, and provides quick payment confirmation.
Is SOFORT secure?
Yes. It uses secure banking authentication and does not store sensitive login information.
What types of businesses use SOFORT?
It is commonly used in e-commerce, especially in markets where bank transfers are preferred over card payments.