In a world where transactions are constantly happening at the speed of innovation, it’s crucial to have a payment technique that’s not only reliable but also efficient. This is where Klarna’s Immediate Transfer, also known as SOFORT, comes into play. SOFORT is an online payment method that has been gaining attention in the European market for its seamless and convenient nature. Is it a good choice for people residing in the UK? Let’s find out.

What is SOFORT?

SOFORT, founded in 2005, is a product of Klarna Bank AB, a Swedish Fintech giant. It is an online banking payment service that allows you to make swift and secure bank transfers. Essentially, it acts as an intermediary between the payer and the recipient, ensuring a smooth and secure transaction. You don’t need to register or open a virtual account, making it a preferred choice for many people.

How Does SOFORT Operate?

When using SOFORT for purchases, the process is relatively straightforward. Here’s a typical scenario:

1. The consumer chooses SOFORT as the payment method.
2. The consumer is redirected to SOFORT’s secure payment form.
3. They then log in with their online banking details.
4. They’re prompted to confirm the transaction with a second-factor authentication.
5. the money is transferred to the recipient’s account once authorised.

Given its simplicity, safety and speed, SOFORT is popular across numerous industries, including e-commerce, travel, and digital goods, to name just a few.

Is SOFORT a Good Payment Method for UK Users?

The answer is mixed. On the one hand, SOFORT is not as common in the UK as in other European countries. Therefore, not every bank in the UK supports SOFORT payments. However, due to the increased number of European shoppers, more and more online merchants are including this method in their payment options.

One significant benefit for UK users using SOFORT is security. The platform’s two-factor authentication and encryption technologies provide a high level of protection. Moreover, users do not have to worry about storing sensitive information with merchants.

The other advantage is versatility. Even though it’s not a British payment method per se, SOFORT can handle multiple currencies, making it a convenient option if you frequently buy goods from European online stores or travel to the continent.

Whether SOFORT is a good choice for UK users depends largely on personal preferences and needs. Before considering it as a payment option, it is advisable to check if your bank in the UK supports SOFORT.


In conclusion, SOFORT may not be the prevailing payment option in the UK, but it still holds potential for those looking for a secure, fast, and multi-currency-friendly payment option. Given the rapid growth and changes in the Fintech industry, it’s only a matter of time before such a service becomes more widespread.

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