YNOT – Online transactions originating in the Netherlands via the iDEAL interbank network doubled during 2011, alternative payment processor 2000Charge revealed Friday.
Launched in 2005 by Dutch banking association Currence, iDEAL members include ABN AMRO, ASN Bank, Friesland Bank, ING Bank, Rabobank, RegioBank, SNS Bank, Triodos Bank and Van Lanschot. The system allows online shoppers to authorize secure payments directly from their bank accounts.
“This online payment mechanism has been popular with Dutch consumers since its launch and has become the standard way for them to transact online,” 2000Charge Chief Executive Officer Wolf Kring said. “It’s an instant, efficient payment method with no risk of chargebacks.”
2000Charge offers iDEAL as part of the company’s portfolio of billing solutions.
“Some of our North American merchants are reporting strong sales from the Netherlands via a payment method they did not even know existed,” Kring said.
Current 2000Charge clients already have the ability to tap into iDEAL’s consumer power, he added.
For more information, visit 2000Charge.net.
