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SOFORT

SOFORT is an online direct payment method, which uses online banking to initiate instant bank transfers.

Payment type Bank transfer
Description SOFORT is an online direct payment method, which uses online banking to initiate instant bank transfers. It is popular in countries such as Germany, Austria, Switzerland and Belgium. The company was acquired by Klarna in 2014.
Currency € (Euro)
Key markets Germany, Austria, Belgium, Netherlands, Italy, Spain, Slovakia
Key fact More 35,000 shops use SOFORT to collect payments.
Payment use case eCommerce, One-off transactions
Benefits Real-time
Considerations Customers are directed away during the checkout flow. Designed for one-off payments.
Example merchants Skype, Footlocker, Eventbrite
Additional facts + figures
    On average, 3 million SOFORT transactions are made every month.

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GoCardless Ltd., Sutton Yard, 65 Goswell Road, London, EC1V 7EN, United Kingdom

GoCardless (company registration number 07495895) is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration number 597190, for the provision of payment services. GoCardless SAS (23-25 Avenue Mac-Mahon, Paris, 75017, France), an affiliate of GoCardless Ltd (company registration number 834 422 180, R.C.S. PARIS), is authorised by the ACPR (French Prudential Supervision and Resolution Authority), Bank Code (CIB) 17118, for the provision of payment services.