IO+
"The Netherlands is switching from iDEAL to Wero, the new European payment standard. The transition is taking place in phases. The technical migration starts in 2026, followed by the full rollout in 2027. iDEAL will be switched off on December 31, 2027. Businesses are concerned about the costs. Whereas iDEAL fees were typically around €0.19 to €0.20 per transaction, Wero fees range from €0.17 to €0.32. In addition, Wero urges users to link a phone number or email address to their account. This raises privacy concerns."
iDEAL
"Consumers can for the first time create an account with iDEAL. This account enables quicker and more secure completion of online purchases. It also offers benefits for online retailers in the form of improved conversions and increased customer satisfaction and is more secure because consumer data is stored in the stable iDEAL system and not separately with each online retailer.
iDEAL
"Payment solution iDEAL now also offers iDEAL in3, a payment option that allows consumers to spread the cost of online purchases over three instalments. The revenue model of iDEAL in3 is based on a fixed fee per transaction rather than aiming for the highest possible percentage of non-paying customers."
iDEAL
"iDEAL has launched new functionalities in collaboration with Rabobank. During a trial period, members of the bank's online Rabo-Labs community will be the first to create an iDEAL profile and enjoy easier payments at selected online stores."
European Payments Initiative
"The European Payments Initiative (EPI) is pleased to announce the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this year."
GlobeNewswire News Room
"Nuvei Corporation, the Canadian fintech company, announces today that it is one of the first payments services provider to integrate the new iDEAL, an enhanced solution for the leading alternative payment method in the Netherlands that enables consumers to complete transactions effortlessly through their online banking app."
Ecommerce News
"Dutch payment service iDeal has been acquired by the European Payments Initiative (EPI), a collaboration of European banks. Payconiq, technology provider of iDeal and Belgian payment platform Bancontact, has also been taken over. iDeal is to form the basis of a Europe-wide payment system, according to EPI."
