iDEAL is an e-commerce payment system used in the Netherlands, based on online banking.
| Payment type | Bank transfer |
| Description | iDEAL is an e-commerce payment system used in the Netherlands, based on online banking. Introduced in 2005 by a consortium of all the major Dutch banks, this payment method allows customers to buy on the internet using direct online transfers from their bank account. |
| Currency | € (Euro) |
| Key markets | Netherlands |
| Key fact | More than 30 million iDEAL payments are made every month. |
| Payment use case | eCommerce, One-off transactions |
| Benefits | Real-time |
| Considerations | Designed for one-off payments. Can be coupled with SEPA Direct Debit for recurring payments. |
| Example merchants | Blizzard Entertainment, Etsy, HelloFresh |
| Additional facts + figures |
|
Interested in taking Bacs or SEPA payments?
GoCardless can help you collect money from customers across the Eurozone
GoCardless is used by over 60,000 businesses around the world. Learn more about how you can improve payment processing at your business today.
