iDEAL

Developer(s)| Currence
(Payconiq, ABN AMRO, Friesland Bank, ING Bank, Knab, Rabobank, Triodos Bank, Van Lanschot, De Volksbank)
Initial release| 2005
Website| www.ideal.nl

iDEAL is an e-commerce payment system used for online banking in the Netherlands. Previously controlled by the Dutch e-commerce organization Currence since 2006, the company became owned by the European Payments Initiative (EPI) from October 2023.[1]

## Contents

* 1 History
* 1.1 Wero
* 2 Transaction statistics
* 3 See also
* 4 References

## History

The system was conceived by the Dutch banks ABN Amro, ING Bank, Postbank N.V. and Rabobank, to develop a single system for online payments that could be used by all banks.

The payment platform was opened to consumers in October 2005.[2]

In 2006 the consortium moved the iDEAL brand to the Dutch banking organization Currence.[3] Nine years after claiming to be responsible for 54% of the country's online payments, iDEAL reported having 70% of this market in 2023.[4]

In the same year, the European Payments Initiative acquired iDEAL and Payconiq International, as well as new shareholders, for the upcoming launch of its instant payment solution. iDEAL is to become a European payment account-to-account (A2A) instant payment scheme and a multi-faceted digital wallet.[4][5][6][7]

EPI will initially enable person-to-person (P2P) and person-to-professional (P2Pro) payments, followed by online and mobile shopping payments and then point-of-sale payments. A comprehensive range of transaction types will be supported, including one-off payments, subscriptions, installments, payments upon delivery and reservations. Additionally, value-added services will be incorporated into the solution over time, including responsible ‘Buy Now, Pay Later’ (BNPL) financing, digital identity features and integration of merchant loyalty programmes.[6]

### Wero

The European Payments Initiative (EPI) announced in 2023 that iDEAL will be replaced by its Wero payment service.[8][9] Wero is launched in Germany, France and Belgium in mid-2024 as a P2P payment solution, but the service will offer e-commerce/m-commerce payments from mid-2025. In October 2025, EPI presented a phased migration plan from iDEAL into Wero, that would span from early 2026 until the end of 2027.[10] Unlike iDEAL, Wero is usable exclusively through Google or Apple's ecosystem[11].

## Transaction statistics

The number of transfers processed:

Annual payments[12][13] Year | Transactions

|

2006  | 4.4 million
2007  | 14.9 million
2008  | 27.8 million
2009  | 45.4 million
2010  | 68.8 million
2011  | 93.9 million
2012  | 117.2 million
2013  | 142.5 million
2014  | 180.2 million
2015  | 222.0 million
2016  | 282.6 million
2017  | 378.1 million
2018  | 523.8 million
2019  | 666.9 million
2020  | 890.3 million
2021  | 1.14 billion

## See also

* Bizum
* Swish (payment)
* TWINT
* Payment Service Provider
* POLi Payments

## References

1. ↑ "EPI successfully completes acquisition of iDEAL and Payconiq International" (in en-US). Payconiq. https://www.payconiq.com/epi-successfully-completes-acquisition-of-ideal-and-payconiq-international/.
2. ↑ "Ideal eindelijk van start gegaan" (in Dutch). 4 October 2005. https://www.emerce.nl/nieuws/ideal-eindelijk-van-start-gegaan.
3. ↑ "Banken dragen merk Ideal over aan Currence" (in nl). Emerce. November 2, 2006. https://www.emerce.nl/nieuws/banken-dragen-merk-ideal-over-aan-currence.
4. ↑ 4.0 4.1 "Dutch payment processor iDeal to become European standard" (in en). https://nltimes.nl/2023/04/25/dutch-payment-processor-ideal-become-european-standard.
5. ↑ "EPI Company announces new acquisitions and shareholders" (in en). https://thepaypers.com/payments-general/epi-company-announces-new-acquisitions-and-shareholders--1262337.
6. ↑ 6.0 6.1 Dumitrescu, Irina (2023-04-25). "[GLOBAL EPI Company announces acquisitions, additional shareholders and the coming launch of its new instant payment solution"] (in en-US). https://www.epicompany.eu/epi-company-announces-acquisitions-additional-shareholders-and-the-coming-launch-of-its-new-instant-payment-solution/.
7. ↑ "iDEAL Becomes More Ideal" (in en-US). 2023-04-25. https://www.ideal.nl/en/actueel/nieuws/ideal-becomes-more-ideal/.
8. ↑ Dumitrescu, Irina (2023-09-21). "European Payments Initiative selects "wero" as commercial name for its innovative digital wallet" (in en-US). https://epicompany.eu/media-insights/epi-selects-wero-as-commercial-name-for-its-innovative-digital-wallet.
9. ↑ "Bijna 20 jaar oude iDeal zet eerste stap om Europese betaalstandaard te worden" (in Dutch). https://nos.nl/artikel/2516701-bijna-20-jaar-oude-ideal-zet-eerste-stap-om-europese-betaalstandaard-te-worden.
10. ↑ "iDEAL to phase into Wero starting in 2026". 28 October 2025. https://epicompany.eu/media-insights/ideal-to-phase-into-wero.
11. ↑ "What devices support the Wero app?". https://support.wero-wallet.eu/hc/en-us/articles/25599074240401-What-devices-support-the-Wero-app.
12. ↑ "Key Figures - iDEAL payments". iDeal. http://www.ideal.nl/en/payee/key-figures/ideal-payments/.
13. ↑ "Strong growth of iDEAL, iDIN and e-mandates in 2021". 2 February 2022. https://www.currence.nl/en/nieuws/strong-growth-ideal-idin-emandates-2021/.

Template:Dutch financial services companies

* v
* t
* e

Digital payment providers

Active|

* 2C2P
* Adyen
* Airtel Payments Bank
* Alipay
* Amazon Pay
* Ant Group
* Apple
* Card
* Pay
* Wallet
* Atlantic Money
* Bancomat Pay
* bKash
* BillDesk
* bit
* Bizum
* Blik
* Block
* Afterpay
* Square
* Boku, Inc.
* BPAY
* Bunq
* Carta Worldwide
* Cash App
* CDS Global
* Chase Paymentech
* WePay
* Circle
* Cred
* Dwolla
* Easypaisa
* Elavon
* EnStream
* Ensygnia
* EServGlobal
* Freecharge
* GCash
* Global Payments
* Google Pay
* Google Pay app
* Google Wallet
* iDEAL
* Ingenico
* Interac e-Transfer
* JazzCash
* Jumio
* KakaoPay
* Klarna
* Line Pay
* Maya
* Mir
* MobiKwik
* NTT Data Payment Services
* Mobile Suica
* MobilePay
* M-Pesa
* Mi-Pay
* MintChip
* MMQR
* Nagad
* NPCI
* IMPS
* UPI
* BHIM
* Naver Pay
* NEFT
* Nexi
* Nexgo
* Novalnet
* Nuvei
* Orange Money
* Osaifu-Keitai
* Passport
* PAX Technology
* Paya
* Payanywhere
* PayBox
* PayMate
* PayMe
* Paymentwall
* PayNow
* Payoneer
* PayPal
* Braintree
* Zettle
* Venmo
* Xoom
* PayPay
* PayPoint
* Paysafe
* Neteller
* Openbucks
* PaysafeCard
* Skrill
* Payzone
* Paytm
* PayU
* Paze
* Pepper
* PhonePe
* Pine Labs
* Pix
* POLi Payments
* QRIS
* Red Dot Payment
* Remita
* Revolut
* Samsung Pay
* Samsung Wallet
* Sarvatra Technologies
* Sezzle
* Shift4
* Shop Pay
* Skaleet
* Spice Money
* Stripe
* Swish
* Tata Neu
* Tencent
* Touch 'n Go eWallet
* TWINT
* UnionPay app
* Veem
* Verifi
* Verifone
* Versapay
* Vipps
* VugaPay
* Wave Money
* WebMoney
* WeChat Pay
* Wero
* WiPay
* Wizzit
* Worldline SA
* Worldpay, Inc.
* Yape
* YooMoney
* Zelle
* Zeta
* Ziina

Defunct|

* AirTag
* Bell ID
* Billpoint
* C2it
* Clinkle
* Flattr
* Fortumo
* Google Wallet (2011–2018)
* Kuapay
* Lemon Wallet
* LG Pay
* Merchant Customer Exchange
* Microsoft Pay
* Mozido
* PayDirect
* Paym
* Pingit
* Powa Technologies
* Qiwi
* Quahl
* Sage Pay
* Simpay
* Softcard
* Tez
* vcash
* Paydiant
* Ukash
* Wirecard
* Worldpay Group
* Zong

Remittance|

* CurrencyFair
* MoneyGram
* Nium
* OFX
* Remitly
* Rewire
* Ria Money Transfer
* Transfast
* TransferMate
* Travelex
* Western Union
* Wise
* WorldRemit
* XE

Related|

* Digital currency
* Digital wallet
* Mobile payment
* Payment service provider
* List of online payment service providers
* European Mobile Payment Systems Association

* Category

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