A popular payment method in the Netherlands
iDEAL is a Netherlands-based payment method that allows customers to complete transactions online using their bank credentials. All major Dutch banks are members of Currence, the scheme that operates iDEAL, making it the most popular online payment method in the Netherlands with a share of online transactions close to 55%.
The way iDEAL works is to redirect customers to their online banking environment to authenticate a payment using a second factor of authentication and there is an immediate notification about the success or failure of a payment. This results in a low risk of fraud or unrecognized payments. Furthermore, iDEAL payments can be refunded up to 180 days after the original payment.
Note that iDEAL only works with Euro Currency and with one-off payments, therefore can not be used for Payment Plans (installments) and/or Subscriptions.
Here how you may set up your system to accept iDeal payments through Stripe
Enable iDEAL as a payment method in your Stripe account. You can do this if you navigate from your Dashboard to Settings → Payment methods and enable iDEAL
A final email will be sent to you by stripe that informs you about the status of your activation. If successful the status will be changed from Pending to Live and now you would be able to use iDEAL on your school.
Make sure that your school’s currency is set to Euro. You can change that by going to Financial → Financial Settings → Currency.
Third and final step. You must enable iDEAL in your LearnWorlds Payment Gateway page. You can do this by clicking Financial → Payment Gateway and enable the IDEAL switch from the available options.
That’s all! Now your Check Out pages and your one-click sales funnel zones include iDEAL as a payment method
For more information on how to accept iDEAL payment through Stripe, you may visit https://stripe.com/docs/payments/ideal