iDEAL
What is iDEAL?
iDEAL is the most popular payment method for eCommerce in the Netherlands. iDEAL is a payment system set up and hosted between all of the Dutch banks.
The advantages of offering iDEAL is a very high conversion with no reversals (guaranteed transactions), low transaction fees and quick settlement.
How does iDEAL work?
iDEAL can be used on desktops and on mobile phones.
The customer selects iDEAL as payment method on the check out page. Then the customer selects its bank from the list of banks (issuers). After this the customer is routed to its own internet banking app where they complete their payment in a secure environment. The customer is then redirected back to the merchant website.
iDEAL can also be used on mobile via the same process or the native app of the bank on the customer’s mobile phone.