SOFORT banking is an online payment method used by more than 12 million people in Austria, Germany & the Netherlands and is trusted by more than 20,000 online shops. Merchants & customers can rest assure they are getting an easy, secure & quick bank-to-bank transfer which is easy to integrate and helps automate mundane payment processes.
How does it work?
SOFORT is a real-time online bank-to-bank payment method using your customer’s bank account information. It is based on the approved online banking procedures and complies with highest security standards. SOFORT serves as a data intermediary between the merchant and the customer’s online bank. After initiation of the transaction, the end customer is led to a secure internet site, where he confirms the transaction with his online banking credentials (PIN/TAN).
How can it be integrated?
Sage Pay offers European payment types when using the Server Integration. Find out more here.
To get started you need to:
Sign up to Sage Pay’s Online Payment solution
Apply for a Merchant Account &
A local European Payment Merchant account
How secure is it?
All SOFORT payments have the highest level of security using a PIN or a single use one-time password (also known as a Transaction Authorised Number). SOFORT has multiple certified, international online payment system providing high security standards to you and your customers. Confidential online banking details are not stored with a secure payment form with encoded data transmission.
Easy to integrate: regardless of whether you use a standardised or self-developed shop system
Automated & Transparent: automated processes
Ship with confidence: once payment has been confirmed, no charge backs are possible