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Payment processing gateway MoneyMatrix has extended its portfolio of payment methods through a new collaboration with Sofort

Owned by Klarna, Sofort will make its payment method available to MoneyMatrix’s merchants.

Giving access to 230+ payment methods, MoneyMatrix is an EU licensed Financial Institution and PCI DSS Level 1 Certified payment gateway for real money gaming, sports betting, forex, or digital industries. 

Through the newly inked agreement, MoneyMatrix will further enhance its payment portfolio by integrating Sofort.

Samoil Dolejan, CEO of MoneyMatrix, stated: “We are continuously working on improving coverage and we are pleased to get the Sofort solution straight from the source. MoneyMatrix is currently catering to clients across several industries, including iGaming, eCommerce or digital, and Sofort is a very well-known and trusted solution in these markets. 

“I am certain that working together will significantly benefit our merchants, and both our team and I are pleased to have reached the current agreement.”

Sofort offers a payment method that operates on the principle of an online bank transfer, allowing users to make a wire transfer via their online banking account in an ‘easy, quick and secure way’.

Currently, Sofort is operational in 14 markets, including Germany, Austria, Switzerland, The Netherlands, Belgium, the UK, Spain, Italy, France, Poland, The Czech Republic, Hungary, Sweden and Finland, as well as six currencies (EUR, GBP, PLN, HUF, CHF, CZK).

Robert Buennick, CEO of Sofort GmbH, added: “Our work with MoneyMatrix allows operators in the iGaming industry to set up their payment infrastructure in the most efficient way and offer their customers one of the most popular used payment options in the market. We look forward to continuing our partnership and allowing even more consumers to experience Klarna payment solutions.”

Expert Analysis: This collaboration is in a strong position to elevate the capabilities of MoneyMatrix as the firm continues the significant growth of its portfolio through new partnerships.