Stripe iDeal Payments for Netherland (Leading bank to bank transfer payment gateway with in Europe)

Get to know Stripe iDeal
Stripe iDeal is a famous bank redirect payment service in the Netherlands. It permits customers to carry out online transactions using their bank credentials. All major Dutch banks are members of the scheme that operates Stripe iDeal. As a result, Stripe iDeal is responsible for 55% of online transactions in the Netherlands.
Stripe iDeal is best for businesses in e-commerce, marketplaces, Software as a Service (Saas) and even subscriptions. Moreover, most bank redirect payment services are not suitable for recurring payments like subscriptions but iDeal is different. It can support subscriptions through Stripe via SEPA Direct Debit.

Go Global with Stripe iDeal
Although only Dutch customers can pay via Stripe iDeal, businesses in 36 countries can accept iDeal payments. That is to say, the customer must pay in Euros and a business owner should have a Stripe account. As such, businesses are able to build a global customer base increasing their customer retention.

How does it work
A customer can checkout from a business by paying directly from his bank to the business owner’s/ provider’s bank. Firstly, a customer will select Stripe iDeal option from the business provider’s site. Thereafter, the customer will choose his bank and enter his bank credentials approving it with a second factor authorization. After that, he will be redirected to the business site where he will receive an immediate notification on whether his payment was a success or a failure.

Simple and secure
Stripe iDeal is 3D secure and support is available 24 x 7. Refunds can be done when submitted within 180 days from the date of the original payment. Meanwhile, payouts will take place within 7 days as per the industry standard. However, there is no dispute process as the risk of fraud is extremely low since the customer authorizes the payment.
There are no hidden fees, no set up fees and no monthly fees. Only € 0.29 per successful payment needs to be paid towards Stripe.
You can sign up with Stripe iDeal by registering for a Stripe account and following the instructions thereafter. We are happy to integrate the Stripe iDeal payment merchant facility with your Shopify for you.