iDEAL System of Roles

Participating in the iDEAL payment system as licensee or certificate holder

Currence iDEAL B.V. is the owner of the iDEAL brand and payment product. The company has the task of defining and managing standards applicable to the various roles identified as part of the payment transaction system of the Netherlands relating to the iDEAL payment product. iDEAL Rules & Regulations (iDEAL R&R) have accordingly been drafted for the purpose of regulating and controlling the iDEAL payment product. The iDEAL R&R contain descriptions of the various roles and activities which players admitted to the iDEAL payment transaction market are able to perform and are permitted to perform. These roles and activities are governed by licences and certificates issued by Currence iDEAL B.V.

As owner and operator of the iDEAL payment product, Currence iDEAL B.V. guarantees among other things the efficiency, quality (including reliability and image) and integrity of iDEAL payment transactions. The principal tasks of iDEAL B.V. are as:

• owner, manager and operator of the iDEAL payment product;
• regulator, responsible for the drafting, adoption and management of iDEAL Rules & Regulations;
• issuer of licences en certificates;
• overseer of licensees and certificates holders (with the power to impose sanctions);
• coordinator of anti-fraud measures;
• facilitator of consultation structures for iDEAL users;
• developer of the iDEAL payment product, including innovations;
• manager of public relations, public affairs, media contacts and brand promotion.

If your organization wishes to play a part in the iDEAL payment system, we recommend that you read the document ‘General Notes on the iDEAL R&R’ first.

In order to obtain a licence or certificate, you should then contact Currence iDEAL B.V., via ideal@currence.nl. The relevant iDEAL R&R documentation will be sent to serious applicants on request.

Click here for the General Notes on the iDEAL R&R.