iDEAL
iDEAL is by far the most popular payment method in the Netherlands. There are no chargebacks and faster settlement times as iDEAL is a bank-to-bank transfer, covered by all major Dutch consumer banks.
This payment method is perceived as secure, fast, and convenient. Shoppers can scan a QR code on desktop to then pay on mobile, and therefore avoid entering payment details manually.
Netherlands
€0.10
+
€ 0.20
Low transaction fees
High conversion rates
Guaranteed transactions
Settlement cycle of 1-3 days
How it works
Shopper selects the product and clicks pay to see the list of payment methods
Shopper chooses iDEAL from list of payment methods
Shopper is redirected to the bank environment and enters bank details
Shopper selects their bank account
Shopper reaches the confirmation page and is redirected back to the merchant's site
Shopper see's the confirmation on the merchant's site
Shopper selects the product and clicks pay to see the list of payment methods
Shopper chooses iDEAL from list of payment methods
Shopper is redirected to the bank environment and enters bank details
Shopper selects their bank account
Shopper reaches the confirmation page and is redirected back to the merchant's site
Shopper see's the confirmation on the merchant's site
Features
| Payment type | Online banking | |
|---|---|---|
| Channel | Online | |
| Available in | Europe | Netherlands |
| Currencies | Settlement currency | EUR |
| Processing currency | EUR | |
| Other | Refunds | |
| Partial refunds | ||
| Multiple partial refunds | ||
| Multiple partial captures | ||
| 3D Secure | ||
| Chargebacks | ||
| Local entity required | ||
| Sales day payout | ||
| Settlement delay | 1 day | |
| Recurring | via SEPA direct debit |
Frequently Asked Questions
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