The Netherlands, comparatively small in size, still ranks seventh when it comes to ecommerce usage across Europe. Over 90 percent of Dutch people shop online, beating the average European consumer. And they do so not only locally, but worldwide. In the first quarter of 2022, Dutch customers spent over 912 million euros on foreign ecommerce sites, mostly in the U.S. and Germany.

iDEAL makes online payments easy, fast, and secure for all parties involved. It simultaneously boosts popularity and increases conversion rates for you as a business. 

Whether you are launching or expanding internationally, offering the right payment strategy is essential to turning shoppers into loyal customers.

iDEAL benefits for customers

• Quick and familiar: Consumers do not need to sign up. The seamless integration of iDEAL into banking interfaces allows customers to log in with their familiar credentials.

• Easy to use: iDEAL can be accessed online, via a banking app, or with QR codes. There is no need to manually enter payment details, making it easy for customers to pay on the go.

• Secure: As transactions take place within the customer’s bank interface, all data remains securely within that system. Since customers must authenticate each payment, the risk of fraud is minimised.

iDEAL benefits for businesses

• Minimal costs and guaranteed payments: As iDEAL is a direct bank transfer, it does not allow chargebacks, meaning customers cannot reverse the payment themselves. Businesses only pay per successful transaction.

• Secure and simple: With iDEAL, you are protected against payment defaults, which minimises payment disputes and debits within your account. 

• Tapping into new markets: More than half of Dutch ecommerce customers already pay via iDEAL. 

Over 100,000 merchants across 60 countries already offer iDEAL as one of their payment methods. With Mollie, you can quickly become one of them.