iDEAL is a standardized payment method for making secure online payments directly between bank accounts in the Netherlands
How Does it Work?
Once a user initiates an online payment with iDEAL, the user can select their own bank during the checkout process where they are led to the bank website to login their bank details. The user confirms the pre-filled payment instructions and once completed the merchant receives a notice that payment has been authorised
Over 50% of all Dutch online shoppers use iDEAL
- Offers real-time payment confirmation
- More than 2 million payments are made daily
- The iDEAL payment standard has been adapted to be used shortly for both domestic and cross-border EUR payments