iDeal
iDEAL is a Netherlands-based payment method that allows customers to complete transactions online using their bank credentials. All major Dutch banks are members of Currence, the scheme that operates iDEAL, making it the most popular online payment method in the Netherlands with a share of online payments close to 55%.
Payment flow
- The customer selects their bank of choice.
- The customer must log into their online banking account to complete the payment.
iDeal
| name | description |
|---|---|
| Countries |  NL |
| Type | Bank Transfers |
| Processing currencies | EUR |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Payout time frame | NET 30 |
| Chargebacks | No |
| Refunds | Yes |
| Partial refund | Yes |
| Onboarding required | No |
| Recurring Payments | No |
| Mobile UI | No |
| Opens new window | Yes after selecting bank |
| Min Transaction Limit | 1 EUR |
Available models:
- Merchant.
Included with your Terminal3 Payments account.
- MOR.