Sofort works the same way as payment in advance. The customer submits his online banking pin + TAN to Sofort to make a transaction. As a merchant you will receive the payment confirmation immediately and can send the goods directly to the customer.
How does Sofort work?
With Sofort you can offer your customers a very fast payment processing. Due to the payment confirmation that you receive instantly from Sofort you will be able to dispatch the goods much quicker!
Sofort is one of the safest payment methods currently available. The banking details of the customer are stored at Sofort and are not passed on to the merchant. As an additional security step, a TAN is generated after the PIN entry and is transmitted via SMS, via APP or a TAN generator.
Sofort is already available in 13 european countries. You benefit by a high bank coverage and a high sales potential.