iDEAL - When this company took off in 2005, this payment platform wanted to be unlike so many other e-wallets or credit cards. It was ambitious, but over time, this company achieved that and is now one of the top 10 toughest brands in the Netherlands. How did it get to this point? Why can it get along with casinos so well? We’ll be exploring that today.
When looking at the company, the first thing that stands out is the fact this company was formed by the efforts of eight major Dutch banks. This is key because you can already tell what makes this company so strong.
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First is that it focuses on one specific space and can excel in that area.
Second, it’s going to be very secure as it’ll be held by similar standards to the banks that created it.
Depositing and Withdrawing Details
You also want to be looking at the whole process as well. As mentioned above, the system is solid, and you can see that already in the transaction process.
When you’re depositing with online casinos iDEAL is available on, you need to log in and go to the deposit method.
From there, select the bank you’re with where you’ll need to specify the transaction.
After that, it’s a matter of satisfying the two-factor authentication to authorize the transaction and let it process.
Withdrawing is also really easy. So long as the casino allows it, you’ll go through the same process as mentioned above.
But don’t let the details disappoint you. As we mentioned, this is a strong company, and there are many benefits to using this platform.
Consider the following:
- This platform makes it easy to do transactions. There is no requirement to make an account in order to use it.
- It’s useful and flexible. You are able to make any transaction method through your phone or on the computer.
- It still has a lot of safety. Again, this was created by major banks. They’ve tested it, and they have two-factor authentication enabled.
- Transactions occur quickly. You can deposit and withdraw instantly with no issues.
- Lastly, there are no fees at all to those who are living in the Netherlands.
Now match that up to some drawbacks:
- It’s focused on a specific area. Again, people in the Netherlands or the EU can use this and only them.
- You also need to be with a bank that supports this system. That shouldn’t be a big issue considering it’s gotten the support of eight major banks in that area.
- There isn’t a way to cancel deposits after you’ve accepted them.
- Despite iDEAL efforts, some iDEAL casinos don’t allow you to withdraw. It’s pretty rare considering the perks that this system provides to players.
As you can tell, this isn’t total deal-breakers so long as you’re in the EU or Netherlands.
The company stretched its options to the EU in 2014. We can’t imagine it’ll be expanding further just yet, but if you’re in there or the Netherlands, you can use this at casinos iDEAL is associated with.
There are currently nine banks that are cool with this. These are: ASN, SNS, RegioBank, Triodos, Van Lanschot, Knab, ABN AMRO, Rabobank, and ING.
Check their withdrawal page and see if it’s an option. If you can’t find it, it’s safe to say the casino doesn’t.
No, you don’t need to make one. All money transfers don’t require you to have an account.