Correct, systems like iDeal intentionally don't support charge backs [1]. I believe the argument is that as long as they can ensure all transactions are secure

Correct, systems like iDeal intentionally don't support charge backs [1]. I believe the argument is that as long as they can ensure all transactions are secure and can only be initialized by those with access to the bank account, there shouldn't be a need for charge backs. [1] https://www.mollie.com/growth/how-ideal-payment-method-works https://www.mollie.com/growth/how-ideal-payment-method-works