Payment systems à la PayPal are handy, but if there is one objection, it is that people usually do not want to create an account for this completely. This is always accompanied by another username and another password that you probably forget. In short: undesirable for some. Sofort (formerly: SOFORT Banking) is therefore a handy solution for those people.
Sofort is used in the next one country (s):
- The Netherlands
Do you want to be able to accept cheap Sofort? Compare all Payment Service Providers (PSPs ) that offer Sofort HERE .
What is Sofort?
With Sofort you can make payments without having to create an account. In contrast to PayPal, for example, you simply log in to Sofort with the details that you also use to log in to your own bank. All of this is also done in a safe way - so Sofort is a great intermediary if you are not at all waiting for another user profile like this.
How does it work?
Sofort is indeed seen as convenient, as proven by the more than 35,000 web shops that have already accepted the platform as a payment method. More than two million Sofort transactions take place on a monthly basis - and this is expected to increase in the future.
A customer who wants to pay using Sofort, goes to Sofort's digital environment. There they can log in, as promised, with the same details as they use for their own bank. Payment to, for example, Your webshop then proceeds in the usual and known manner. As a retailer, you will receive an update: the payment is on its way.
The benefits of Sofort
Sofort excels in user-friendliness. No separate accounts, no unknown payment systems: just pay in the way that feels best and most familiar. This applies to customers, but also to owners of web shops: the handy updates give a sense of reliability.
The cons of Sofort
A small disadvantage of Sofort is that you pay more per transaction than with iDEAL, for example. These costs consist of an amount per transaction, but also a percentage of the transaction amount. The exact costs differ per Payment Service Provider.
Accept Sofort in your webshop? These are the options!
Implementing Sofort in your webshop is a piece of cake. If you use a Payment Service Provider - at least. These types of parties ensure a smooth transfer of the amount and support you during the integration on your webshop.
As mentioned, you pay costs per transaction for this. How much - that depends on the PSP in question. Adyen charges $ 0.10 for this, but CardGate charges $ 0.35 in the case of the Starter package.
In addition, the various PSPs work with transaction percentages. These vary from 0.90% at Mollie and Multisafepay to 5.00% when you process at least 1250 digital transactions per month via the Icepay Enterprise package.
Do you want to compare the exact rates of the PSPs? Then use our handy comparison overview.