The Dutch have quarter of a billion times with iDeal paid

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The iDeal system for online credit card payments has a quarter of a billion transactions handled, according to figures from Currence, owner of iDeal. The number of payments to the system made in the last years a steady growth.

From the graph, for cumulative transactions have already seen that iDeal heading 250 million transactions this year and based on a profound spike in the number of online credit card payments for Christmas for the milestone taken care of. From the monthly totals is to create that iDeal each year is growing rapidly. For example, in October 2009 to 4.2 million transactions recorded in October 2010 to 6.2, while in October 2011 to 8.3 million payments were processed.

IDeal exists since October 2005. “It took almost 3 years before the 50 millionth transaction was done, that the number we get now, in about six months”, says managing director Piet Mallekoote of Currence against news agency ANP. Currence expects further growth for a large part of mobile payments will come.