iDEAL
Script error: No such module "about". Template:DMCA
Page Module:Infobox/styles.css has no content.
| iDEAL | |
|---|---|
| Lua error in package.lua at line 80: module 'Module:InfoboxImage/data' not found. | |
| [[Programmer|DeveloperTemplate:Pluralize from text]] | Currence (Payconiq, ABN AMRO, Friesland Bank, ING Bank, Knab, Rabobank, Triodos Bank, Van Lanschot, De Volksbank) |
| Initial release | 2005 |
| Engine | Page Template:Plainlist/styles.css has no content.Template:EditAtWikidata |
| Website | www |
| Repository | Page Template:Plainlist/styles.css has no content.
|
Script error: No such module "Check for conflicting parameters".
iDEAL is an e-commerce payment system used for online banking in the Netherlands. Previously controlled by the Dutch e-commerce organization Currence since 2006, the company became owned by the European Payments Initiative (EPI) from October 2023.[1]
It is an online payment method that enables consumers to pay online through their own bank. In addition to online merchants, other organisations that are not part of the e-commerce market also offer iDEAL.[citation needed]
History
The system was conceived by the Dutch banks ABN Amro, ING Bank, Postbank N.V. and Rabobank, to develop a single system for online payments that could be used by all banks.
The payment platform was opened to consumers in October 2005.[2]
In 2006 the consortium moved the iDEAL brand to the Dutch banking organization Currence.[3] Nine years after claiming to be responsible for 54% of the country's online payments, iDEAL reported having 70% of this market in 2023.[4]
In the same year, the European Payments Initiative acquired iDEAL and Payconiq International, as well as new shareholders, for the upcoming launch of its instant payment solution. iDEAL is to become a European payment account-to-account (A2A) instant payment scheme and a multi-faceted digital wallet.[4][5][6][7]
EPI will initially enable person-to-person (P2P) and person-to-professional (P2Pro) payments, followed by online and mobile shopping payments and then point-of-sale payments. A comprehensive range of transaction types will be supported, including one-off payments, subscriptions, installments, payments upon delivery and reservations. Additionally, value-added services will be incorporated into the solution over time, including responsible ‘Buy Now, Pay Later’ (BNPL) financing, digital identity features and integration of merchant loyalty programmes.[6]
Wero
The European Payments Initiative (EPI) announced in 2023 that iDEAL will be replaced by its Wero payment service.[8][9] Wero is launched in Germany, France and Belgium in mid-2024 as a P2P payment solution, but the service will offer e-commerce/m-commerce payments from mid-2025. In October 2025, EPI presented a phased migration plan from iDEAL into Wero, that would span from early 2026 until the end of 2027.[10] Unlike iDEAL, Wero is usable exclusively through Google or Apple's ecosystem[11].
Transaction statistics
The number of transfers processed:
| Year | Transactions |
|---|---|
| 2006 | 4.4 million |
| 2007 | 14.9 million |
| 2008 | 27.8 million |
| 2009 | 45.4 million |
| 2010 | 68.8 million |
| 2011 | 93.9 million |
| 2012 | 117.2 million |
| 2013 | 142.5 million |
| 2014 | 180.2 million |
| 2015 | 222.0 million |
| 2016 | 282.6 million |
| 2017 | 378.1 million |
| 2018 | 523.8 million |
| 2019 | 666.9 million |
| 2020 | 890.3 million |
| 2021 | 1.14 billion |
See also
References
Page Template:Reflist/styles.css has no content.
- ^ Page Module:Citation/CS1/styles.css has no content."EPI successfully completes acquisition of iDEAL and Payconiq International". Payconiq. Retrieved 25 November 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."Ideal eindelijk van start gegaan". Emerce (in Dutch). 4 October 2005.
{{cite web}}: CS1 maint: unrecognized language (link) - ^ Page Module:Citation/CS1/styles.css has no content."Banken dragen merk Ideal over aan Currence" [Banks move Ideal brand to Currence] (in Nederlands). Emerce. 2 November 2006.
- ^ a b Page Module:Citation/CS1/styles.css has no content."Dutch payment processor iDeal to become European standard". NL Times. Retrieved 25 April 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."EPI Company announces new acquisitions and shareholders". thepaypers.com. Retrieved 25 April 2023.
- ^ a b Page Module:Citation/CS1/styles.css has no content.Dumitrescu, Irina (25 April 2023). "[GLOBAL] EPI Company announces acquisitions, additional shareholders and the coming launch of its new instant payment solution". European Payments Initiative. Archived from the original on 16 July 2024. Retrieved 25 April 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."iDEAL Becomes More Ideal". iDEAL. 25 April 2023. Archived from the original on 25 April 2023. Retrieved 25 April 2023.
- ^ Page Module:Citation/CS1/styles.css has no content.Dumitrescu, Irina (21 September 2023). "European Payments Initiative selects "wero" as commercial name for its innovative digital wallet". European Payments Initiative. Retrieved 23 October 2023.
- ^ Page Module:Citation/CS1/styles.css has no content.Ruben Eg. "Bijna 20 jaar oude iDeal zet eerste stap om Europese betaalstandaard te worden". NOS (in Dutch).
{{cite web}}: CS1 maint: unrecognized language (link) - ^ Page Module:Citation/CS1/styles.css has no content."iDEAL to phase into Wero starting in 2026". European Payments Initiative. 28 October 2025.
- ^ Page Module:Citation/CS1/styles.css has no content."What devices support the Wero app?". Wero FAQ. Retrieved 25 February 2026.
- ^ Page Module:Citation/CS1/styles.css has no content."Key Figures - iDEAL payments". iDeal. Archived from the original on 5 January 2018. Retrieved 18 April 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."Strong growth of iDEAL, iDIN and e-mandates in 2021". Currence. 2 February 2022. Retrieved 18 February 2024.
Lua error in package.lua at line 80: module 'Module:Navbox/configuration' not found. Lua error in package.lua at line 80: module 'Module:Navbox/configuration' not found.
