Popular Dutch payment provider, iDEAL has been steadily growing in recent years from the day it was introduced in 2005. The payment method offers players the safest, fastest, and most convenient transactions in online casino gaming. Because of their trusted services, iDEAL has made its way to the top and is now a sought-after payment method in the Netherlands. Sadly, withdrawals are not offered by iDEAL. Read below to know if iDEAL truly is an ideal payment method.
- Secure and safe
- Free of charge
- Withdrawals not available
- For residents in the Netherlands only
iDEAL is a well-known and most used payment method in the Netherlands for its trustworthiness, security, and convenience. Founded in 2005, iDEAL has processed over a billion payments and over a hundred thousand online shops also have put their trust in them. Moreover, iDEAL has integrated with a couple of prominent Dutch consumer banks. This payment service allows customers to transfer money directly from their banks, thus its proven convenience. iDEAL also secures a successful payment process, hence there’s no need for the payment to be reversed or refunded. Through iDEAL, donations and payments for good causes are also possible.
Making a deposit with iDEAL is very simple and easy to follow, just log in to your online casino account, go to its banking menu or cashier option, select ‘Make a Deposit’ and choose iDEAL as your deposit option. Enter the desired deposit amount and it will be redirected to your bank account after which the payment is done. On-screen instructions will be shown to you, all you have to do now is to follow those instructions. Double check and confirm the details you have input and your deposit will be instantly processed. No service fee will be charged to you.
- Sign in to your online casino account.
- Navigate to the cashier option or page
- Enter your details and wait for confirmation
- Your funds will be processed instantly and will appear in your casino account
This is one drawback for iDEAL. The unfortunate news is that iDEAL does not offer any withdrawal services. You might need to seek for other withdrawal options because iDEAL only offers deposit methods.
Good thing is that iDEAL has several partner banks in the Netherlands to ensure your payments to be secure. The following are the participating Dutch banks that have iDEAL as their partner:
- ABN AMRO
- ASN Bank
- Friesland Bank
- ING Bank
- SNS Bank
- Triodos Bank
- Van Lanschot Bankers
Because of its limited scope, there are also limited casinos that offer iDEAL as one of the payment methods. Here are some of the casinos that offer iDEAL as one of their deposit methods:
- Mucho Vegas Casino
- King Billy Casino
- Sinspins Casino
- Betsafe Casino
- Yako Casino
- Karamba Casino
Advantages of iDEAL
Using iDEAL as an online payment method for your casino account has various advantages which result in their wide popularity. Here are some of the advantages when you use iDEAL:
- With iDEAL, there are no lengthy sign-up processes
- Payments made through iDEAL are safe and secure. They do not keep and share your information with third parties and other merchants. iDEAL payments are also carried with the same safety measures and standards to ensure the security of your funds.
- Deposits with iDEAL are also anonymous and no information will be revealed
- Payments are processed instantly and there are no delays that will reflect on your casino account. It only takes a few minutes to be processed.
- Because the competition is high, iDEAL does not have any fixed service fees and hidden fees to attract more customers
- There is also no need to sign up at iDEAL, all you need is a bank account that has Internet banking.
Disadvantages of iDEAL
While iDEAL has several advantages, it is inevitable to have some few disadvantages in using iDEAL as your online casino banking method such as:
- Euro is the only currency accepted by iDEAL and conversion fees apply.
- iDEAL is restricted to many countries and is only limited to residents in many areas of Europe, particularly the Netherlands.
- It can only be used to make deposits in an online casino and it is not possible to make withdrawals using this service
- Refunds, reimbursements, or reversals can’t be done. Once the deposit is made, there is no possible way for you to cancel or demand a refund for it.
Fees in iDEAL are generally cheap and fixed at around €0.25 depending on your online casino. However, iDEAL does not charge their customers any fees so there’s nothing to worry about. You also have to know the iDEAL fees are only accepted in EUR currency. And of course, if there is a need to convert your currency to EUR, currency conversion fees are charged.
Security and Licenses
iDEAL ensures its security by making sure that your personal and banking details are encrypted and never shared nor kept. Additionally, when you log in to your bank account in one of the partner financial institutions of iDeal, your bank will provide a “Two Factor Authentication” code. This code is a security code used for specific payments and is needed in a “2FA identification token”. The identification token or “E-dentifier” and “Random Reader” by the Dutch banks ABN/AMRO and Rabobank will generate an authentication code for you to confirm your payment on the iDEAL payment site. This code will be generated after you confirm your identity and inserted the token and entered the PIN.
The iDEAL is truly an ideal payment method – for the Dutch. Sadly, iDEAL is not available in other parts of the world other than the Netherlands. But nevertheless, Dutch residents are making the most out of this payment method because of its superb services and deposit processes. One drawback is also the fact that it doesn’t provide any services for withdrawals. But if you’re a resident from the Netherlands, you might want to try this payment method.
What is iDEAL?
Founded in 2005 by current owner and operator Currence, iDEAL is a Dutch real-time payment method which can be used for various online transactions- including online casino payments. It’s a low-cost online banking method which provides top notch security for its clients. All payment transactions completed through iDEAL are authorized by the participating banks which makes it a practically risk-free payment method.
Is iDEAL a legitimate payment method used at online casinos?
Yes, iDEAL is absolutely a legitimate payment method which can be used for online casino transactions. It’s constantly gaining positive reviews and slowly building an online reputation as a trusted and reliable payment method.
Is it safe and secure to use iDEAL for online payments?
Security is one of the main reasons why a lot of online gamblers are starting to use iDEAL. It provides a high level of security for its clients. It uses a two-factor authentication when processing payments. Users are also assured that their personal information and bank account details are kept secure and will never be revealed to third parties.
Are there any advantages for using iDEAL as an online payment method?
There are several advantages if a user will choose iDEAL for his online casino transactions. One of them is its mobile payment option. It can also process anonymous deposits which is very ideal when it comes to online casino transactions. Players can use its service without the need to create an account. Transactions are also proven to be safe and secure with iDEAL.
How does iDEAL work?
iDEAL works like an e-wallet but it does not need to be funded. It links a user’s bank account at any of iDEAL’s authorized banks. All transactions will be checked and verified by the participating banks to eliminate any possibility of fraud or theft. When an online payment transaction has been processed, the funds will automatically be deducted from the customer’s bank account.
Which banks can be used for iDEAL?
In order to use iDEAL for online payments, users must have an existing bank account at one of the following participating banks: ABN AMRO, ASN Bank, Friesland Bank, ING, Rabobank, RegioBank, SNS Bank, Triodos Bank, and Van Lanschot Bankiers.
What’s the process for depositing funds using iDEAL?
The first step is to go to the preferred casino’s ‘Banking’ or ‘Payment’ page. Then, choose iDEAL from the list of available deposit methods. iDEAL’s pop-up window will appear where the player will be asked to select his bank. The player will then be redirected to his preferred bank’s page where he’ll be asked to log in to his account. After following iDEAL’s procedure for processing deposits and confirming all the information needed for the transaction, the deposit will be processed.
What’s the process for cashing out winnings using iDEAL?
Unfortunately, iDEAL is mainly used for deposits only. It’s extremely rare for an online casino to process withdrawals using iDEAL. Usually, players who use iDEAL for deposit purposes switch to bank wire transfer method when it comes to cashing out winnings.
Does iDEAL have its own mobile application?
Yes, iDEAL can be accessed using smartphones and tablets. iDEAL Mobile offers two mobile options for its users. The first one is its own mobile application which can be used for banking transactions online. The second option is through its mobile website. Merchants can also send email links to their customers for easier transactions through iDEAL. This is very convenient for busy clients who won’t always have time to open their computers.
What’s the average processing time for deposits using iDEAL?
iDEAL prides itself in processing deposits real-time. Once the user has received a confirmation that the deposit transaction was successful, he’ll be able to see the transferred funds in his casino account balance in a few minutes.
What are the fees to be paid by the player when using iDEAL for deposit purposes?
Online payment transactions completed through iDEAL are free of charge. It’s one of the best features of iDEAL.
Which online casinos accept iDEAL as a payment method?
The following online casinos accept iDEAL for online payment transactions: BitStarz Casino, BetChan Casinos, Energy Casino, Megawins Casino, Spinson Casino, PlayHippo Casino, Casino Cruise, Jetbull Casino, Party Casino, Zodiac Casino, Aztec Riches Casino, Euro Palace Casino, Sloty Casino, Royal Vegas Casino, Luxury Casino, and Quatro Casino.