What you need to know about Sofort’s merger with Klarna
In 2005, the World Wide Web became a platform for many ambitious franchises that sought to change how we do online fiat transactions. During this time, Klarna launched in Poland with a service that delivered benefits that included no fees for late payments when making purchases. Klarna has also become a popular payment method at online casinos, offering players a secure and streamlined way to manage their deposits and withdrawals. Today with their headquarters in Sweden, the company has garnered the support of more than 150 million worldwide members that trust and use their services daily.
Previously known as Payment Network when making its debut in 2005, Sofort (short for Sofortüberweisung) is another payment processor that allows for convenient transactions without any redundant functions. Situated in Germany and Austria, their services are praised for always working swiftly, securely, and as intended. Their high standards have won the trust of millions and that number will grow substantially with this merger.
Smarter Ways to Pay
There is an adjustment period for this merger since many vendors like online stores or casinos hold Klarna and Sofort as separate payment options in their systems. There are also aspects such as terms that need to be addressed and amended, however, even with all these minor caveats, comes plenty of new benefits from this collaboration. Once the dust has settled, you can look forward to features like:
- No registration is required to make fast payments.
- Streamlined app integration with Sofort.
- Sofort’s bank-to-bank feature can now be used with Klarna.
- Faster checkouts when making use of affiliated online services.
- Improved security measures.
- Compatible with a larger array of vendors.
Being able to safely pay without needing to endure a long sign-up process is a breath of fresh air. Klarna has always been at the forefront of convenience and simplicity, a practice that Sofort followed as well.
Online Casino Experience
The gambling industry has been on a steady climb, this is especially true when we take the period of Covid into account. Much of the world has become more attuned to different online functions such as shopping, streaming, or playing some of the best online casino slots. All of this is made possible with payment processors like Klarna and Sofort. You can do things like make the most out of limited-time promotions by depositing quickly in only a couple of clicks.
Region Support
This collaboration will bring the payment option to many regions that weren’t at all or only partially supported in the past. A change of this scale will result in a massive influx of new users to the gambling industry.
Smooth Transactions
Payment processing couldn’t go any smoother with Klarna in charge. All their transactions are covered by a robust form of anti-theft, keeping your funds safe, untouched, and transferred directly to your bankroll.
Mobile Access
Feel more in control with new functionality available to mobile devices. Whether it’s the app or built-in browser, you get all the perks like little to no fees, moderate deposit limits, and more all within a secure platform.
Affiliated Partner
While highly rated casinos do offer plenty of bonus offers, Klarna stands in as a benefactor for promotions hosted as well. It’s no shock that these kinds of events happen periodically and will likely be more prominent in the future.
Future Trends
This prolific collaboration might see other processors take on the same pursuit. While Sofort covered the majority of Germany and Austria with their options, Klarna has gone above and beyond by delivering their services to most of Europe.
The rapid expansion and common goals made perfect sense from a business standpoint, and this might be a trend that happens more in the future. New and existing processors might opt to merge with Klarna as well, making payments as streamlined as they possibly can be.
While this functionality already exists, portable devices like smart TVs and watches will also have better integration. Most of all, the benefits instilled by these franchises will stay true and in line with the future prospects that are undertaken.
Conclusion
The gathering of these two titans is sure to shake up the gambling industry in a positive fashion. Users who spend much of their time on the internet will be treated to a multitude of benefits when using the new and improved Klarna interface.
While many new additions have been added to the service, some features you’re already accustomed to will remain the same. The company has purposely done this to retain a comfortable level of familiarity and will happily guide those who are new to the service.
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