Established in 2005, Online Überweisung is a German payment method that was established in 2005 in order to provide people in Germany with a safe and reliable way of making online payments. It’s currently the country’s most popular method for making online payments and it’s used in another 10 countries, where it continues to grow in popularity. You can use this payment method in Austria, Belgium, France, Hungary, Italy, the Netherlands, Poland, Spain, Switzerland and the UK, where it’s known as Sofort Banking.
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One of the things the developers of this payment method pride themselves on is that throughout its entire history, there have been no security breaches of any kind. This is partly because Sofort Banking offers players an extra level of security by providing them with a PIN code that they use for all transactions and a TAN code, which is used for individual transactions and becomes void once its associated transaction has gone through.
Sofort Banking acts as a sort of middle man between the online casino and the player. Setting it up is very straightforward and when you come to use it to make deposits, transfers should take half a minute or less to be completed. Deposits don’t require any extra fees, though you do have to deposit a minimum of €10.
You’re able to use this payment method to make withdrawals, though you need to have made a deposit with it first so that your details will be readily available to be used. There are some casinos that don’t allow users to make withdrawals with Sofort Banking, so if you want to make withdrawals, you’ll have to find a different payment method to use. There are also some casinos that accept Sofort Banking as a payment method, but will only accept German players.