Sofort Banking No Longer Supports Virtual Dealers?

Apparently, SOFORT the popular online bank transfer method is no longer supporting virtual goods dealers.


I used them a couple times to transfer funds(100% legit obv), and I went to do it again today(a decent sized transfer) and received an email from them stating they no longer want to be associated with me due to my "business model"(virtual goods dealer).

(I called them they told me that, then emailed me the following):



Quite irritating I might say, watch out to everyone using them, starting to be like PayPal's bullshit all over again tbh but with bloody bank transfers for gods sake.

 

yeah but from their pov your business activity probably looks like money laundering so i see their side of things as well

 

I had to go through a shit ton of verification on the phone and provide to them after my first 2 transfers of a decent size(in the thousands), money laundering my ass(But I could understand how it might be risky... I guess but any model is risky lmao, its the fact they told me on the phone they don't support the virtual goods selling/model that is pissing me off)?


This is literally the paypal of bank transfers all over again.