Online merchants looking to gain more customers in Europe will be glad to know that Payzoff is partnered with SOFORT, the German-based pan-European direct payment system.

Online Banking and Security

The use of online banking is widespread across Europe, which makes having access to direct payments through this popular system desirable for merchants. SOFORT Banking is available in 13 European countries to date, including Germany, Austria, Belgium, the Czech Republic, France, Hungary, Italy, the Netherlands, Poland, Spain, Slovakia, Switzerland, and the UK.

When your customers reach the checkout page on your site, they first choose SOFORT as their payment method. Then they are prompted to enter their user ID and password for their online banking account. As an extra security precaution, the consumer then sends a one-time authorization code in an SMS to their mobile device. The code usually arrives instantly, and the consumer is then prompted to enter it in the checkout page.

By using SOFORT's system, merchants' customers can be assured that none of their confidential information will be saved or stored through a transaction. And the merchant is assured fast payment with no possibility of chargebacks.

Currency Conversion

SOFORT XXL allows merchants to receive payment in their currency and consumers to pay with a different currency. The solution will convert euros, pounds sterling, Swiss francs, and the Polish Zloty through a clearing account.

Our partnership with SOFORT is designed to ensure that our customers can accept payments all across Europe to maximize sales opportunities.