GERMANY | SOFORT AG, owner of SOFORT Überweising, a pan-European online banking payment method, teams with Allied Wallet. SOFORT AG and Allied Wallet will offer tailor-made products for thousands of online distributors and millions of eWallet users in Europe. “With SOFORT Überweisung online merchants can offer a swift, safe and international payment option in their shop.
SOFORT Überweising or SOFORTbanking (SOFORT) uses an online bank transfer to get the money from the buyer to merchant. By using SOFORT, the consumer grants 'SOFORT' access to their online banking environment to initiate the payment. Upon checkout the shopper selects his or her bank and country, provides the online banking login and confirms payment by using the bank authorisation code (as in normal online banking transactions). The payment method of SOFORT AG is already available in eleven countries: Germany, Austria, Switzerland, the Netherlands, Belgium, Poland, Hungary, Italy, Spain, France and UK. More than 25,000 webshops already accept SOFORT Überweisung.
Integration for several European countries
Andy Khawaja, CEO of Allied Wallet, says about the cooperation: “We wish to continuously improve the online purchasing process, for shoppers as well as for vendors. To shoppers, it’s most important that the payment process is reliable and safe. It is equally important to the international distributors of Allied Wallet to provide a multi-functional and financially sustainable payment system with an integration for several European countries. These basic principles are reflected in the partnership with SOFORT AG for our consumers all over the world.”
About Allied Wallet
Allied Wallet regularly revolutionises the e-commerce sector with new and innovative payment solutions for online merchants which make it possible to conduct and receive payments all around the world. With PCI certified processing services for companies of almost any size, Allied Wallet offers tailor-made and very modern payment systems for optimised online transactions via its subsidiaries in Asia, Europe and the USA.
Sourced from SOFORT AG, June 10th, 2014