Acquirers and CPSPs

Your institution is eligible if you are registered as a payment service provider in the register of a European regulator (e.g. De Nederlandsche Bank; DNB). In addition, your organisation must meet the eligibility requirements set by Currence for the role (Issuer, Acquirer, CPSP or C2C provider) your institution wishes to fulfil.

On our information page for new Scheme Partners of iDEAL, iDIN or Incassomachtigen, under step one 'Application for Scheme Partner Certification' you will find the necessary information and documentation on how your institution can become a License or Certificate Holder or an Accredited Party.

A Payment Service Provider (PSP) provides iDEAL payments to their customers. At Currence iDEAL B.V. we distinguish between two types of PSPs:

* A technical PSP - They facilitate the technical integration between you and your iDEAL Acquirer. Therefore, you need an iDEAL-agreement (contract) with an iDEAL Acquirer;

* Collecting PSP (CPSP) - They facilitate the technical integration between your system and theirs and they collect the iDEAL payments for you. Therefore, you need an iDEAL-agreement (contract) with the CPSP.
 

An eWallet Provider is an Acquirer or CPSP if it disburses iDEAL payments to companies. During these iDEAL transactions, the eWallet Provider does not show the loading of the wallet to the customer (paying consumer). In this process, the payer only sees a regular iDEAL payment. The payer is not authorizing the second transaction, because this is automatically executed by the eWallet Provider.

In this case, the payer only has a purchase agreement with the company where he ordered a product or service. For this purchase, there is no relationship with the eWallet provider.

The eWallet Provider is an acceptant if an eWallet Provider only uses iDEAL for loading the wallet and the payer uses the wallet to make purchases.

- Click here for the list of Issuers;
- Click here for the list of Acquirers and CPSP's;
- Click here for the list of C2C-providers.

In the document General Notes Rules & Regulations you can find information about the exact role of your company.

- For the roles of Issuer and Acquirer you can request a license agreement at Currence BV to be able to execute this role.
- For the role of CPSP you can request a certificate agreement at Currence BV to be able to execute this role.
- For the role of C2C-provider you can request an accreditation agreement at Currence BV to be able to execute this role.

Click here< for more information about requesting a license, certificate or accreditation.

On the website of Currence BV you can find the rates that Currence charges to licensees and certificate holders.

To get a license or certificate agreement, the requestor must go through a certification procedure. This procedure normally takes about six months, however, this depends on the role and characteristics of the requestor.

Together with Currence BV, the requestor determines a planning for the certification procedure. Based on the experience of Currence BV, the speed of the process is mostly influenced by the requestor. It depends on the speed and completeness of the answers to the Control Self-Assessment (CSA) and the completeness of the required documents.

To request accreditation the requestor must fill in a questionnaire. Also, in this case, the requestor determines the speed of the procedure by answering the questions fast and complete. An accreditation procedure normally takes about four weeks.