Payment methods
iDeal
iDEAL is the most widely used payment method in the Netherlands among online shoppers. At least 60% of the online transactions by Dutch consumers are carried out using this payment method. The payment method, which provides a direct payment (without a processing period), is fast, trusted and secure. With an iDEAL plugin the payment method is easy for webshops to connect to.
As a popular payment method, iDEAL is fully integrated with the online banking environments of the Dutch banks. Participating banks are: ABN AMRO, ASN Bank, bunq, ING, Knab, Rabobank, SNS Bank, Triodos Bank, RegioBank, Handelsbanken, Moneyou and Van Lanschot Bankiers. In addition to payments completed in webshops, we also see a trend outside of e-commerce applications. For example, charities use iDEAL to accept donations and online invoicing software to receive payments.
Bancontact
Bancontact is a standard option for every Belgian consumer when they have a bank account with a bank in Belgium. The market leader of Belgian online payments also offers the option to make payments via QR code. In this way, the payment can easily be made via mobile devices, using the Bancontact app.
PayPal
PayPal is the most popular payment method worldwide. With payment options in 100 different currencies, PayPal has a wide range of solutions for you as a merchant. Worldwide, there are 169 million online consumers who use PayPal; therefore, by adding PayPal to your webshop, you can serve online consumers all over the world. It is not necessary to fill in credit card or bank details for a PayPal payment and the payment method is very accessible via tablet or smartphone. By means of a PayPal account, the online consumer can easily and quickly pay online. Within the Netherlands, PayPal is used regularly; NL now has 2 million PayPal users.
Bank transfer
Bank transfer, also known as SEPA transfer, SEPA Credit Transfer or simply credit transfer, is a trusted payment method that both national and international consumers enjoy paying with.
The SEPA credit transfer was introduced by the European Council to simplify payment transactions in Europe. The transfers can be easily made online from one account to another. To streamline the transfers even more, uniform bank account numbers are used in Europe. The IBAN ensures that international payments are processed faster. The IBAN also ensures that there are no additional costs.