Dutch payment method iDEAL exceeds 2 billion payments

The first billion iDEAL payments took nearly 11 years to complete, while the second billion required less than 3 years. In 2018, consumers are expected to make more than half a billion iDEAL payments.

On average, 1.5 million iDEAL payments are processed daily. The highest number of payments is generally recorded on Black Friday; in 2017, 2.4 million iDEAL payments were made on Black Friday. This year’s Black Friday, about 3.5 million payments are expected to be made.

According to the press release, in order to mark the milestone of 2 billion payments, the brand and product owner of iDEAL will donate food packages to food banks around the Netherlands.

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright