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Last editedJan 2020
iDEAL is an e-commerce payment system used in the Netherlands, based on online banking.
![guides > images > alt-payments > ideal](https://images.ctfassets.net/40w0m41bmydz/11oliaabzgR6jWFwcHwj9W/4c45665978193cce1e1c395c7cf65917/guides_images_alt-payments_ideal.jpg?w=600&h=200&fl=progressive&q=50&fm=jpg)
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 |
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