In the age of high technology, through the close cooperation of the gambling industry with technological progress, new software developments, new gaming devices and various methods of payment are born. The ability to make fast and secure money transfers is of paramount importance nowadays. iDeal offers ideal financial services to internet spenders in the Netherlands. Playing at an iDeal online casino gives you the chance to achieve an exceptional gambling experience.
iDeal offers a speedy option for bettors to make use of from within the Netherlands. This is one of the most popular solutions with residents for online payments. With this fast and effective payment method funds are transferred rapidly and safely. With the iDeal Casinos, casino players based in Netherlands can take advantage of this appealing and popular payment service.
What is iDeal?
While it is a payment method that focuses mainly on the Dutch market, iDeal remains a highly popular option. As an e-commerce payment system iDeal is supported by several banking institutions including: ABN AMRO, Bunq, Friesland Bank, ING Bank, Knab, Rabobank, Triodos Bank, Van Lanschot and De Volksbank. These serve the vast majority of the Dutch online banking market. It means that iDeal is very much accessible to many within the country.
iDeal serves as a secure payment bridge between your personal bank account and supported retail and business merchants, as well as more than 60 iDeal online casinos. When depositing at online casinos, iDeal ensures that the money transaction will be performed in real-time and you will be able to start playing your favourite video slot or table game without any delay.
A piece of history
iDeal has been operating as an e-commerce payment platform in the Netherlands since 2005. The system quickly managed to prove its advantages in the online banking market as a truly beneficial payment service. It allows to multiple Dutch bank account holders to buy online via direct internet transfers from their bank account. It has grown considerably in popularity throughout the years, and in 2014 over half of the payments made online in the Netherlands, were completed via the iDeal payment solution. Nowadays 655 million transactions are processed every year by iDeal payment method.
The way iDeal works
Above all else, it is necessary to reside within the Netherlands where this extraordinary banking platform can be accessible. By working as a middleman, iDeal prevents your online banking details from exposing to the casino site. The money for the deposit is taken from your bank account, go through iDeal and then arrive into your casino account. iDeal does not transact the funds, it actually provides a link between the customer's bank account with the casino account. The entire processing takes a couple of minutes and the player is able to spend his new bankroll. In addition to the fact that it is extremely fast, the transactions are completed with a high level of security, which makes iDeal one of the most popular payment methods in the Netherlands.
Advantages of using iDeal online casinos
- Depositing in real-time: This payment solution guarantees instant, real-time transfer of the money for your deposit. The processing is completed within several minutes and you will be able to discover what else the casino gameplay can more offer.
- Security and confidentiality: With iDeal method of payment the online casino site does not have access to your private information. The transfer is implemented mainly by your bank. Your details are protected by bank-level multi-encryption tools. You can stay ensured that your transactions are kept safe and anonymous.
- No need of accounts: iDeal facilitates money transactions from the bank and no additional account registration is needed. Your bank account is accessed directly. No unnecessary accounts and verifications and no extra fees and costs involved.
Disadvantages of using iDeal online casinos
- Only for depositing: There is no withdrawal mechanism in this payment solution. This means that when you choose to play at an iDeal online casino you can make your deposits with iDeal, but find a different banking method to withdraw your winnings.
- Limited coverage: Only holders of a bank account in one of the Dutch banks supporting iDeal can have access to this payment platform. Gamblers from other countries beyond Netherlands must look for other payment option.
- The bank will not guarantee the payment: There will be no bank guarantees when making payment via the iDeal solution.
Limits - There are no limits imposed by iDeal for making deposits. The only limits you will meet are the transfer limitations set on your personal bank account as well as your casino's deposit limits.
Fees - Because of the fact that there are not registered accounts with iDeal, there are no fixed monthly fees for administration. iDeal takes a €0.29 fee per transaction. If you meet some additional costs, they might be imposed from your bank.
Availability - As it was already written above, only holders of a bank account from the banks in the Netherlands supporting iDeal can use this method of payment. Around 60 online casinos give access to Dutch players to make their deposits via iDeal.
In this time of banking fraud, safe and secure banking is the primary concern to online gamblers. Second to that, but almost as important in the casino industry, is fast fund transfer services. It’s common to want to find and use a payment method at an online casino that works for you. It is also important to find a casino that supports your favourite banking method. If you are a gambler from Netherlands and want to make payments through iDeal, you shouldn’t have any issues finding a platform supporting it. You can choose a casino from our list with top-rated iDeal online casinos. Each casino accepting iDeal transfers is reputable and meets the international requirements and standards.