13 COUNTRIES
Sofort by Klarna and crypto
Pan-European bank-transfer-as-checkout
The verdict
7.0 / 10 · CONSIDER
Sofort (now part of Klarna's Pay Now) lets users authenticate to their bank and authorise a real-time transfer at checkout. Used as a fiat on-ramp by EU crypto exchanges including Bitstamp, Bitpanda, and BTC Direct. Lower friction than card; settles next-day to merchant.
◆ BUY IT IF
- Free for consumers
- Real-time bank verification
- No card data exposed to merchant
- Trusted in DACH region
◇ SKIP IT IF
- Settles to merchant T+1 (not instant)
- Migration to EPI/A2A pending — long-term continuity unclear
- Some banks deprecating Sofort access via SCA changes
- Lower coverage outside DACH
§ 01 SCORE BREAKDOWN
Five axes, weighted.
DIMENSION WEIGHT RATING SCORE
Crypto support
Not supported natively
Coverage
13 countries
Fees
Merchants pay 0.9% + €0.25 typical.
Speed
Authorisation instant; settlement T+1
Trust & safety
Klarna Bank AB (publ) — Swedish banking licence (Finansinspektionen). Klarna Pay Now operates under PSD2 acros
§ 02 SPECIFICATIONS
Everything, in one table.
Coverage
- Countries
- 13
- Strong regions
- UK
- Weak regions
- —
Crypto features
- Buy / sell
- No
- Withdraw to wallet
- No
- Merchant payments
- No
- Supported assets
- —
Fees
- Friends & family
- N/A — merchant-only checkout method
- Receiving
- N/A
- Currency conversion
- Multi-EUR-currency without FX in eligible markets
Speed
- Typical transfer
- Authorisation instant; settlement T+1
- Instant transfer
- No
- Crypto settlement
- Most exchanges credit fiat on authorisation
§ 03 FAQ
Frequently Asked Questions
Does Sofort by Klarna support crypto? +
Sofort by Klarna does not natively support buying or selling crypto within the app. However, it may be used as an on-ramp via third-party exchanges that accept Sofort by Klarna payments.
How many countries is Sofort by Klarna available in? +
Sofort by Klarna is available in 13 countries. Strong regions include: UK.
What are Sofort by Klarna's fees for sending money? +
Send to friends/family: N/A — merchant-only checkout method. Receiving: N/A. Currency conversion: Multi-EUR-currency without FX in eligible markets. Merchants pay 0.9% + €0.25 typical.
How fast are Sofort by Klarna transfers? +
Sofort by Klarna offers typical transfer times of Authorisation instant; settlement T+1.