Direct Payments - iDeal
The Dutch market has a union of ten banks (ABN AMRO, ASN Bank, Friesland Bank, ING, Knab, Rabobank Regio Bank, SNS Bank, Triodos Bank and Van Lanschot Bankiers) that have collaborated to create the the payment method iDEAL. It is the dominant payment method for direct bank transfers and Internet banking, and is a must for your portfolio of payment methods, if you are selling online in the Netherlands.
How does it work?
Payments are initiated by DIBS, which means that all transactions can be tracked and managed through DIBS Administration. Customers are transferred to their Dutch online bank (one of the ten banks that are connected to iDEAL) where they log in as per usual. The customer selects which account to pay with, and confirms the payment.
How do I get started with iDeal?
- An additional DIBS agreement needs to be established to support iDEAL.
- Establish a bank account in one of the ten banks in iDEAL (DIBS currently supports ABN AMRO and ING).
- Sign up for iDEAL.
Please contact our sales department (08-527525 00 / email@example.com) or your Account Manager, and we will help you get started with iDEAL.
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