iDEAL
Founded in 2005, iDEAL is the most popular online banking payment method in the Netherlands. iDEAL is a bank-to-bank transfer method supported by all Dutch core banks. Users can transfer money directly through the bank they select from iDEAL. The payment process is safe, fast, and convenient.
When paying with iDEAL, users select the bank they want to pay with from a list of banks. Then they are redirected to the bank's website to complete the payment. Users can scan a QR code on a web page using their mobile devices, avoiding the need to manually enter personal payment information.
Properties
The properties of the iDEAL payment method are shown in the following table:
Payment type | Online banking | ||
Acquirer | AlipaySG, AlipayEU, AlipayUS | Acquiring region | SG, AU, HK, EU, US |
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Netherlands | Auto Debit | ❌ |
Funds deduction | Real-time | Refund | ✔️ |
Processing currency | EUR | Partial refund | ✔️ |
Minimum payment amount | 0.01 EUR | Chargeback | ❌ |
Maximum payment amount | Unlimited | Refund period | 365 days |
User experience
The following screenshots show the journey of paying with iDEAL:
Figure 1. Payment process with iDEAL