Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

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/Dispute

Maximum payment amount

Unlimited

Refund period

365 days

User experience

The following screenshots show the journey of paying with iDEAL:

image

Figure 1. Payment process with iDEAL