iDEAL ready for SEPA
UTRECHT | The online payment method iDEAL is ready for the European payment market. All the banks that offer iDEAL have recently completed the migration process of converting iDEAL to the European (SEPA) standards. This marks an important step towards a uniform European payment infrastructure. The SEPA regulation obliges all banks and users of payment services to meet the European standards by 1 February 2014 at the latest. With the migration of the system iDEAL has already fulfilled this requirement, making it easier for foreign providers to connect to iDEAL.