Sofort
When you want to take your gambling journey online, it’s really important that you consider how you want to deal with deposits and withdrawals. Luckily, there are many ways to add money to your account at an online casino, and Sofort is one them. You’ll also find quite a diverse selection of withdrawal methods.
Even though many of the modern digital wallets are convenient, direct bank payments still remain a common and preferred option. The major problem, however, is the long delays that you may face when you transfer funds from your bank to another account.
There are a couple of platforms that aim to overcome this problem, like Sofort. This platform gives you a system that speeds up the process of sending funds from your bank account to a merchant, without all of those delays.
Our guide takes a look at everything you need to know about this payment solution. We consider how it works, as well as the benefits and drawbacks to which you should pay attention.
What is Sofort and How Does it Work?
Sofort is a digital payment platform with a primary focus on making online payments easier. The company was acquired by Klarna at the end of 2013.
The main feature and advantage that Sofort is able to offer is the fact that you simply need a bank account to use it. You don’t even need to sign up for an account on Klarna’s website.
When you decide to pay with Sofort, it connects directly to your online banking profile. This is how the system speeds up the process of transferring funds from your bank to your online casino profile. When you connect, Sofort will create the bank transfer and then send confirmation of the transaction to the online casino. This means you don’t have to wait long times for the clearance of the transfer to come through before you can start to use the funds to play your favorite online casino games.
Benefits and Drawbacks
When it comes to using a direct deposit payment method like Sofort, it’s important that you look at both the pros and cons. This helps you consider the payment method from multiple perspectives to better understand if it’s a good option for you.
We’ll first look at the major benefits you can expect from Sofort:
- When Sofort was acquired by Klarna, they integrated the system with the latest technologies. This helped to create an even smoother experience when using this payment method.
- The system acts as an intermediary between your bank and the online casino platform but still ensures the transaction is processed instantly. This helps to avoid the delays you may face with a standard bank transfer.
You shouldn’t overlook the potential drawbacks that you may notice when using this payment method to transact on an online casino platform:
- Sofort is a one-way payment solution for customers. This means you won’t be able to withdraw money with the method, as it only works for deposit.
- There are some banks that Sofort does not support. If you bank with one of those institutions, you won’t be able to process a payment through Sofort.
How to Deposit Funds
One of the main purposes of Sofort is to make paying for goods and services online a breeze. The payment system focuses on using your banking details to process payments.
If you want to deposit funds at a Sofort online casino, then simply follow these steps:
- Make sure you have a registered account at the online casino and that it has been verified. This can help to lift limits that the platform places on your account and will avoid delays later on. You don’t need to create a Sofort account to use this payment method.
- When you’re logged into your online casino account, head to your wallet. In most cases, you can do this by simply clicking on the balance part in a menu. The goal here is to look for a Deposit button. Sometimes, this button sits at the top of the website on all pages as it provides fast and easy access.
- On the deposit page, you’ll notice a couple of different payment methods that the casino supports. You should look for the Sofort symbol. Due to the acquisition of Sofort in 2014, you may find that the payment method is rather labeled Klarna Pay Now.
- Once you click on this payment method, you’ll be taken to a screen on a third-party website to complete your transaction. At this point, you’ll need to enter your account details. Pick the bank you have an account with from the list, then sign into your online banking profile.
- Review the transaction details and make sure there are no errors. You can then simply accept the payment details.
There will usually be no delays. Once Klarna redirects you back to the online casino’s website, you should see the amount you deposited added to your account balance. If you don’t see an updated balance, refresh the page.
Withdrawal Options When Depositing With Sofort
Something important to keep in mind when you decide to use Sofort to deposit money at an online casino is the fact that you won’t be able to use it for withdrawals. Remember that Sofort acts as a payment gateway that gives the merchant an instant indication of a successful bank transfer. Since it’s a payment system that works one way for consumers, you can’t actually receive money into a digital wallet to later transfer back to your own bank.
Fortunately, most casinos will still offer you a variety of alternative withdrawal options if you use Sofort to put money into your account. This means you shouldn’t have any problems paying out the winnings in your casino account.
When Should You Use Sofort?
There are several cases where you might want to consider using Sofort as a payment method at an online casino. If you prefer to pay with the balance in your bank account and don’t want to enter your credit card details, then Sofort can definitely be a great option. It’s also useful if you find that using a classic bank transfer process takes too much time, as this payment method can sometimes have long delays.
Sofort can also be an excellent choice if you don’t have access to some of the major casino payment methods, like PayPal, Skrill, and Paysafecard. This could be due to restrictions in your country, for example. In this case, if Sofort is accepted in your area, it’s a good alternative that you should consider.
Use Sofort if you don’t have any other specific payment methods that you can use at an online casino. This is because you won’t be able to use this service if you want to withdraw funds from your account.
Final Thoughts: Is Sofort a Good Payment Method For Online Gambling?
Those looking for a faster alternative to a classic bank transfer payment option can consider Sofort. Now known as Klarna Sofort, this pay-now service lets you easily transfer funds from your bank account and get instant access to credit at an online casino where you want to gamble. While a Sofort online casino can be great, don’t overlook the fact that you won’t be able to use the same method to withdraw funds later on.
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