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Does it mean that mostly, they don't have any Visa or Mastercard?
by zx8080 3y ago
Does it mean that mostly, they don't have any Visa or Mastercard?
- jvdvegt 3y agoIndeed. Our debit cards are visa/mastercard, but such cards have numbers like NL01BANK012345678901 (IBAN). Credit cards have no additional benefit in day-to-day life but do have an additional cost. Ideal is actually ideal for consumers, as the merchant doesn't ever receive personal information. For small amounts, it's only a fingerprint away. It seems to become a European standard: https://nltimes.nl/2023/04/25/dutch-payment-processor-ideal-become-european-standard https://nltimes.nl/2023/04/25/dutch-payment-processor-ideal-...
- SpacePortKnight 3y agoCorrection. Our debit cards are only mastercard maestro not visa. Maestro is depricated, and soon everyone in EU will have proper international debit cards.
- sigio 3y agoYeah, only a very low percentage of people will have a creditcard... 99% of dutch online payments will be made using IDeal, which is cheap (free for user, ~20-30ct for the seller) and instant. And works with every bank in the country (and some international ones like Revolut and N26)