Payment methods in Netherlands

Europe

2methods

12banks

Almost one fifth of retail spending in the Netherlands is now online. In 2023, that came to US$43 billion and is expected to rise to US$63 billion by 2027.

Market takeaways

Almost one fifth of retail spending in the Netherlands is now online. In 2023, that came to US$43 billion and is expected to rise to US$63 billion by 2027.
The average Dutch online shopper spends US$2,536 a year with e-commerce merchants. By 2027, this is expected to rise to US$3,634.
The Dutch buy almost 40% of their online purchases using a mobile device.
The Dutch use cards to pay for just 14% of all online transactions. The most popular digital payment method is the bank-transfer method iDEAL, which has a 58% market share.
The Dutch make 16% of their online purchases, worth US$6.2 billion, with e-commerce merchants based outside of the country.

Population

17.6M

Online population

16.9M

B2C e-commerce

$39B

Banked population

99.9%

Credit card population

41%

E-commerce of total retail

17%

Payment method breakdown

Card14%
Cash1%
Bank Transfer62%
E-Wallet11%
Other12%

Card scheme breakdown

Visa5%
Mastercard94%
American Express0%
Local schemes0%
Other0%

Cross-border e-commerce

Cross-border shoppers

68%

Share of e-commerce

16%

Cross-border value (est.)

$6.2B

Featured payment methods in Netherlands

All payment methods available in this market, sorted by prominence.

Tikkie

Dutch ABN AMRO app for sending and paying iDEAL-based payment-request links via WhatsApp or QR. Operator: ABN AMRO Bank N.V.. Est. users: 10M+ users (2024); 157M requests / EUR 7.4B in 2024.

iDEAL

Dutch bank-redirect method letting shoppers pay online directly from their bank account, covering ~70% of Dutch e-commerce. Operator: Currence iDEAL B.V. (owned by EPI). Est. users: 1.47B transactions in 2024; ~13M+ users.

Featured banks in Netherlands

All banks operating in this market, sorted by prominence.

ING Group

Amsterdam, Netherlands

ING Group is the Netherlands' largest bank and a leading European financial institution. It operates a digital-first universal banking model across Europe and globally.

Rabobank

Utrecht, Netherlands

Rabobank is a Dutch cooperative bank and global leader in food and agribusiness financing. It is one of the most financially sound banks in the world.

Handelsbanken

Stockholm, Sweden

Handelsbanken is a Swedish universal bank known for its decentralised branch model, operating across the Nordic countries and UK.

ABN AMRO

Amsterdam, Netherlands

ABN AMRO is the Netherlands' third-largest bank, focusing on retail, private, and corporate banking primarily in the Netherlands and Northwest Europe.

Bunq

Amsterdam, Netherlands

Bunq is a Dutch neobank founded in 2012, operating across Europe as one of the continent's fastest-growing challenger banks, known for its eco-friendly and multi-currency features.

BAWAG Group

Vienna, Austria

BAWAG Group is an Austrian retail and commercial bank, operating under the BAWAG P.S.K., easybank, and other brands. It focuses on Austrian retail and SME customers.

de Volksbank (SNS Bank)

Utrecht, Netherlands

de Volksbank is a Dutch state-owned retail bank, operating under the SNS, ASN Bank, RegioBank, and BLG Wonen brands. It focuses on sustainable retail banking.

Triodos Bank

Zeist, Netherlands

Triodos Bank is a Dutch ethical bank that exclusively finances sustainable and social enterprises. It operates in the Netherlands, Belgium, UK, Germany, Spain, and France.

Argenta

Antwerp, Belgium

Argenta is a Belgian cooperative bank focused on private individuals and families, offering savings, investment, and mortgage products.

Van Lanschot Kempen

's-Hertogenbosch, Netherlands

Van Lanschot Kempen is the Netherlands' oldest independent bank, specialising in private banking and wealth management for high-net-worth individuals.

NIBC Bank

The Hague, Netherlands

NIBC is a Dutch specialist bank focusing on corporate banking for mid-market companies and consumer lending. It is known for its niche expertise in mortgages, energy, and shipping finance.