Here, you'll find the most recent news articles and updates related to iDEAL. Stay informed about the latest developments, innovations, and announcements from the Netherlands' most trusted online payment platform. Dive into the world of iDEAL and discover what's happening in the dynamic realm of online payments.
Developments in Online Consumer Spending: iDEAL Continues to Grow
EDE, 19 December 2023 - The latest data from the Thuiswinkel Markt Monitor for the third quarter of 2023 are in, and the results are noteworthy. We've witnessed a sustained growth in online consumer spending, with a notable increase in the travel sector and a strengthened preference for iDEAL as a payment method. This year, Dutch consumers have spent more online than ever before, with iDEAL's share in online transactions rising from 69% in Q3 2022 to 73% in Q3 2023.
iDEAL records record number of online payments Black Friday
Discount week continues with 5.12 million online transactions on Cyber Monday
AMSTERDAM, 28 November 2023 - Payment service iDEAL recorded a record number of transactions for the eighth year in a row on Black Friday, the Friday after Thanksgiving when consumers take advantage of high discounts. iDEAL processed 7.13 million online transactions on Friday 24 November with over 333 transactions per second at the peak.
EPI successfully completes acquisition of iDEAL and Payconiq International
Brussels, 31 October 2023 - iDEAL is delighted to be part of a significant step forward in the European payments landscape through the successful acquisition by the European Payments Initiative (EPI). This development marks a new phase in our mission to provide innovative and secure digital payment solutions. We look forward to the synergies and opportunities that this integration will bring, and we are grateful to everyone who has contributed to this milestone.
iDEAL: Powering the Surge in Dutch E-commerce Spending in 2023
September 28th, 2023 - In the first half of 2023, online spending in the Netherlands reached €16.3 billion. iDEAL's prominence in facilitating these transactions is evident, with our platform's share in online spending rising from 61% in the first half of 2022 to 62% in 2023. Furthermore, our proportion of online purchases increased from 70% to 71%. This consistent growth not only highlights the trust users place in iDEAL but also our platform's pivotal role in the evolving e-commerce landscape. Join us as we continue to lead the way in secure and efficient online transactions.
Nuvei launches the new iDEAL in the Netherlands
September 20th, 2023 - Nuvei Corporation, a Canadian fintech company, has announced that it is one of the first payment service providers to integrate the new iDEAL. This enhanced solution is the leading alternative payment method in the Netherlands, allowing consumers to effortlessly complete transactions via their online banking app. Nuvei already offers direct connectivity to iDEAL and is now introducing an upgrade that enhances the e-commerce checkout experience for Dutch consumers. iDEAL holds a 70% market share in the Netherlands, making it essential for e-commerce stores targeting the Dutch market. Nuvei's CEO, Philip Fayer, emphasised the importance of this upgrade for both merchants and consumers in the Dutch e-commerce market.
iDEAL becomes even more ideal
25 April 2023 - It was announced today that iDEAL will be acquired by the European Payments Initiative (EPI), which aims to roll out a uniform payment solution across all European countries. In the coming period, EPI will explore how iDEAL best fits into its strategy to develop a payment standard for the European market. EPI's acquisition of iDEAL proves the value and reliability of our payment solution. As an organisation and employees, we are proud that EPI has chosen iDEAL as the foundation for its ambition.