The iDEAL online payment method is being used more than 13 million times per month for online transactions. This is an increase of around 20% compared to 2012.
In 2013, a mobile version of iDEAL became available, for m-commerce payments using smart phones or tablets. This is already very popular with users and Currence therefore expects that the number of transactions for m-commerce will greatly increase.
The number of foreign payment institutions offering iDEAL to foreign webshops also continued to increase in 2013. iDEAL is now being used in more than 50 countries. In Belgium, for example, iDEAL is accepted as a payment option in half of all webshops. This enables Dutch consumers making cross-border purchases also to pay safely and easily using iDEAL.
The iDEAL payment system is based on existing infrastructure with banks, which implies they can capitalise on their online banking application and customer base. It allows consumers to make online purchases within the familiar environment of their own bank. iDEAL is open to any bank to obtain a licence from scheme owner Currence. In the Netherlands iDEAL is by far the most popular online payment method.
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