The 1st of October 2021 is an important date for the Dutch gambling industry. It was the day the Dutch online casino market opened for business. Just before the date, the Dutch gambling authority approved 10 casino licences.
With the introduction of casino licences in the Netherlands, there are now 10 operators that can offer iDEAL as a payment option.
Other operators, that offer iDEAL as a payment option, can expect a hefty fine when detected by the Dutch gambling authority.
iDEAL is the most popular online payment system based on online banking and is mostly used by people with a bank account in the Netherlands.
This online payments service came around in 2005. It allows customers to buy online, using direct online transfers from their bank account.
With over 140 million transactions in 2013, iDEAL is the most popular online payments service in the Netherlands. Therefore, iDEAL is of big importance when it comes to Dutch players.
iDEAL used to be an important strategy to attract Dutch players. Logically, the gambling authority uses the popularity of this payment service as a way to ward off illegal operators.
iDEAL is owned by the Dutch organization Currence, an association set up by the banks coordinating the payment systems in the Netherlands.
iDEAL allows Dutch casino players to make a deposit in a swift and secure way. Directly in the familiar online banking environment of their own bank.
A player doesn’t need to register for iDEAL. The service is automatically connected to the online banking system of the Dutch banks. All banks participate. Therefore, iDEAL is the perfect payment system for the Dutch.
The banks participating are ABN AMRO, ING Bank, Rabobank, SNS Bank, ASN Bank, Friesland Bank, Knab, RegioBank, Triodos Bank and Van Lanschot. Together, these serve the vast majority of the Dutch online banking market.
How does iDEAL work?
If your personal bank account allows you to use internet banking, you are just a few simple steps away to deposit money into your online casino account. Choose iDEAL from the payment methods, fill in the amount you would like to transfer and select the bank you have an account with.
The familiar online banking application form of your own bank opens, and you get another chance to check the transfer.
If correct, you can move on, after which your bank confirms the transaction. When your balance is sufficient, the bank confirms your deposit. This usually happens within a few moments. The amount becomes available in your online casino account.
If there is one online payment service I can compare iDEAL with, it would be PayPal. Therefore, Paypal is the perfect alternative for players without a Dutch bank account. Also, eWallets like Neteller and Skrill can work.
The problem is that the service is only available for players with a Dutch bank account. That’s why only operators with a Dutch casino licence can now offer the payment service to their players. Operators with no licence and iDEAL are obviously targeting Dutch players.
For Dutch players, iDEAL is a very logical choice to deposit. The system is safe and reliable. This payment system is easily accessible since the participating banks represent nearly 90% of the account holders in the Netherlands.
While players can easily use iDEAL to deposit money into their online casino account, the service is also perfect to pay for goods online.
Besides a simple, fast and secure deposit method, iDEAL is also highly recommended because it’s free of charge for casino players as bank charges made are paid by the casino operator.
Website: www.ideal.nl (also available in English)
Only available for deposits
Type: online banking system
Advantages: Fast, simple, secure and free of charge
Disadvantages: Only available for players holding a Dutch bank account
Alternatives: PayPal, Neteller, Skrill