Sofort Casinos NZ

How Does Sofort Work?

Sofort is a popular online payment provider overseas, that validates and processes transactions between their participating banks and merchants.

It's not quite the same as bank transfer casinos, even if one might think of Sofort in this light. The Sofort network must be joined by all financial institutions, even if they operate just online. Thus, Sofort serves as an intermediary between a network of online banks that have agreed to exchange funds.

Because of the infrastructure already in place, Sofort provides a quick and hassle-free method of transferring cash or making a payment. However, there are just a few banks in the Sofort network, with most of them being in Germany and Austria.

Even while Sofort isn't technically an e-wallet like good Paypal casinos are, there are still some similarities. E-wallet players have to deposit money into their accounts or set up automated withdrawals each time they complete a transaction. Rather than having to go through all of this, Sofort has opted for an easy-to-use transaction procedure that just requires one single verification step.

Using Sofort at Online Casinos

Customers who want to play at Sofort casino sites can complete their transactions in a matter of minutes. Once you select Sofort as your preferred payment method, you will be redirected to Sofort's secure payment page. To complete the transaction, you just need the sort code and confirmation code of your Sofort partner bank.

The use of encryption assures the safety of all of your personal information during transmission. A confirmation message will be sent to the casino site after the transaction has been recorded.

Sofort vs. Other Payment Methods

For starters, online casino gamers like Sofort's lightning-fast transaction speeds with linked banks. Because you aren't creating a virtual e-wallet account per se, you don't need to register, create new usernames and passwords, or re-enter any financial information.

Two-step authentication is also available using Sofort's confirmation code. In other words, whether you pay using a debit card or an E-Wallet like those found at Paysafecard casinos in NZ, your personal information is more secure and concealed.

Finally, there are some fees usually associated with using Sofort on casino sites. Some online casinos have been known to charge up to 20% for these transactions, which is massive. However, the norm is between 2% and 4%.

Can I use Sofort at Online Casinos?

Well, players from Germany and Austria are already using Sofort to deposit and withdraw money from casino sites. It's safe and simple to use, and there's little to no downtime or system errors.

However, for players gambling online in New Zealand, they won't be able to use Sofort. This isn't end-of-the-world news though. Sofort is good and used by players a lot overseas, but NZ players have lots of other equally, or even better, payment methods available to them when gambling online.

Sofort Casino FAQs

Dale Shelabarger Author

Dale is an author for InsideCasino and an expert in the iGaming sector, with his specialist areas in casinos, online pokies and bingo. dale has written hundreds of casino reviews and iGaming articles over the past 15 years.