Founded in 2005, Sofort is one of the most popular online bank transfer systems in Germany. Sofort covers all banks in Germany and provides users with a fast and convenient way to pay for online shopping.
When paying with Sofort, the user is redirected to Sofort’s website to authorize the payment, and Sofort initiates the transfer directly from the user’s chosen bank. After the user completes the payment, Sofort needs to verify that the user has made the payment successfully, and the user will usually receive a notification of the payment result within 2-7 business days.
Expanding into New Global Markets
Different countries exhibit distinct payment method preferences. Offer the required payment methods for local consumers.
Increasing Conversion Rates
Due to the utilization of local processing connections, local payment methods are favored to a greater extent within issuing institutions.
To achieve widespread global payment usage, it is recommended to adopt integrated integration to ensure the collaborative linkage of payment providers and acquiring institutions.