Safe and instant: A detailed explanation of instant transfers and their benefits

Safe and instant: A detailed explanation of instant transfers and their benefits

Safe and instant: A detailed explanation of instant transfers and their benefits

Sofortüberweisung is a popular payment method that allows online shoppers to complete their purchases safely and quickly. In this article we will explain how instant transfer works and show its advantages for consumers and merchants.

What is Sofortüberweisung?

Sofortüberweisung is an online payment system that allows customers to make their purchases directly from their bank account. It is a secure alternative to traditional bank transfer and allows customers to pay for their order instantly without the need for a credit card or e-wallet.

Payment is made via an encrypted connection directly between the online retailer and the customer's bank. The customer simply enters their online banking details to authorize the transaction. The security and confidentiality of the data are of the utmost importance.

The advantages of instant transfer

Fast payment processing

One of the biggest advantages of Sofortüberweisung is immediate payment processing. Unlike a conventional bank transfer, which can usually take several days, with Sofortüberweisung the payment is made in real time. This means that the retailer receives payment confirmation immediately and can ship the goods quickly.

No additional registration required

In contrast to other online payment methods, such as PayPal, Sofortüberweisung does not require any additional registration or account creation. Customers can simply enter their online banking details and complete the transaction. This saves time and enables a quick checkout process.

High security standards

Sofortüberweisung attaches great importance to security. The payment data is always exchanged via an encrypted connection between the customer, merchant and bank. The security standards correspond to the high guidelines of online banking. Customers don't have to worry about the security of their data.

How does instant transfer work?

The payment process with Sofortüberweisung is simple and uncomplicated. Here is a step-by-step guide on how to use Sofortüberweisung:

1. Select Sofortüberweisung as payment method: During the checkout process, select Sofortüberweisung as payment method. You will then be redirected to a secure page where you can enter your banking details.
2. Enter your online banking details: On the payment page you will need to enter your online banking details such as your account number and PIN. This data is transmitted directly to your bank and not to the online retailer.
3. Authorize the payment: After entering your bank details, you still need to authorize the payment. This is usually done by entering a TAN (transaction number) or using another authentication method supported by your bank.
4. Payment confirmation: Once payment has been authorized, you will receive a confirmation. The retailer also receives immediate confirmation that payment has been made and can arrange for the goods to be shipped immediately.

Frequently asked questions

Is instant transfer safe?

Yes, instant transfer is safe. The payment data is transmitted via an encrypted connection and the security standards correspond to those of online banking. The data is not shared with the online retailer, providing an additional layer of security.

What requirements are needed to use Sofortüberweisung?

In order to use Sofortüberweisung, you need an online banking-capable checking account at a bank that supports Sofortüberweisung. You also need access data for online banking, such as user name, password and, if necessary, a TAN.

What fees apply for instant transfers?

The use of Sofortüberweisung is generally free of charge for customers. However, online retailers may charge fees for using this payment method. It is advisable to check the fee structure of the respective retailer before making a purchase.

Which countries support instant transfers?

Sofortüberweisung is not only available in Germany, but is also supported in many other European countries. The supported countries include Austria, Switzerland, Belgium, Spain and Italy.

Conclusion

Sofortüberweisung is a secure and fast payment method that allows online shoppers to process their purchases immediately. With its easy handling, high security standards and immediate payment confirmation, Sofortüberweisung offers many advantages for customers and merchants. It is a convenient alternative to traditional bank transfer and enables a smooth checkout process. If you are looking for a safe and reliable online payment method, Sofortüberweisung is definitely a good option.