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iDEAL

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The GoCardless content team comprises a group of subject-matter experts in multiple fields from across GoCardless. The authors and reviewers work in the sales, marketing, legal, and finance departments. All have in-depth knowledge and experience in various aspects of payment scheme technology and the operating rules applicable to each. The team holds expertise in the well-established payment schemes such as UK Direct Debit, the European SEPA scheme, and the US ACH scheme, as well as in schemes operating in Scandinavia, Australia, and New Zealand. See full bio

Last editedJan 2020

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	60% of online transactions in the Netherlands are made with iDEAL.