The Dutch banking industry has a long tradition in efficient transaction processing. The major part of the global e-commerce transactions is processed by institutions based in The Netherlands.
The pricing for payments is the lowest in Europe. The use of (debit) cards, credit transfers and direct debits are among the highest in Europe. Since The Netherlands is the leading country in terms of consumers using internet banking, the Dutch banking industry is a frontrunner in financial logistics, and has a wealth of experience in areas like e-payments.
For example, iDEAL, the Dutch online payment system, allows consumers to make online purchases in a familiar, secure and simple way. The transaction is completed swiftly and simply in the familiar online banking environment.
With SEPA, financial logistics becomes an even more international affair and The Netherlands is well equipped to benefit from the expected growth in this subsector.
Frontrunner in Financial Logistics
• In The Netherlands more than 60% of consumers uses internet banking, ranking number 1 globally
• Pricing for electonic payments is the lowest in Europe
• The major part of the global e-commerce transactions is processed by institutions based in The Netherlands
• The Dutch e-payment system is the best and safest of all currently known systems