iDEAL is the most widely used online payment method in the Netherlands, allowing customers to make secure payments directly from their bank accounts. At checkout, users select iDEAL, choose their bank, log in through online or mobile banking, and approve the payment. The bank confirms the transaction in real time, and funds are typically settled the same day via systems like Equens Worldline or TARGET2. iDEAL supports features like QR code payments, reusable iDEAL IDs, scheduled payments, and interest-free installment options (iDEAL in3). Over 210,000 merchants accept iDEAL, integrated via 18 acquirers and 62 CPSPs, ensuring fast, secure transactions.
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You Won’t Learn This in Business School – Real Industry Insight
The global payments industry evolves faster than ever — powering everything from digital banking to eCommerce transactions. Yet few truly understand how payment processing, fintech innovation, and financial technology shape the world economy. That’s where Processing News comes in. At Processing News, we don’t just report on the payments ecosystem — we’ve built, run, and innovated within it. Our team of experts includes former fintech executives, payment system architects, compliance officers, and technology insiders who bring real-world experience to every article. We launched Processing News to be the Wikipedia of Payments — accessible, in-depth, and always accurate. In an era of clickbait and recycled press releases, we deliver trusted payments journalism rooted in industry expertise and data-driven analysis. Whether it’s new payment regulations, card network updates, emerging fintech startups, or fraud prevention trends, we provide clear, credible insight into what truly drives the global payment processing industry.
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