SOFORT is an online payment service that people can use to quickly and easily pay for money transfers, products and services via a website or app. Customers can make a bank transfer directly from their account through Sofort. Individuals do not need to register with a merchant, currency exchange provider or the Sofort service before using SOFORT.
Individuals enter their online banking details through a Sofort integration at the point of purchase. Once they have entered their bank account details, they enter a confirmation code provided by SOFORT, and the payment is authorized.
Some money transfer services, like Western Union and Wise allow individuals to fund their currency exchange through Sofort.
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