Sep 3, 2016
The Netherlands is one of the countries in the world with a high Internet penetration rate of 95.5%. Therefore, it is not surprising that the country has a large active e-commerce market.Paymentship will not give up this huge market and this opportunity to expand his reputation.To help international businesses enter the Dutch e-commerce market,Paymenship is also constantly innovating, in order to be able to provide more and better service.
With over 10 million online shoppers, the country has a very high purchasing power index at 91.8%.
The booming e-commerce market in the Netherlands offers strong commercial potential to foreign merchants. In order for your business to grow there, you must know how Dutch consumers pay for their online transactions. Providing your customers with enjoyable and convenient payment options can help you achieve higher conversion rates, higher profits and better profits for your business.
The most popular payment method in the Netherlands is iDEAL, an electronic commerce payment system that allows transactions in real time. iDEAL allows you to pay for products and services online through your accounts to one of the leading Dutch banks such as ABN AMRO, ASN Bank, Friesland Bank, ING Bank, Knab, Bank Rabobank Regio, SNS Bank, Triodos Bank or Van Lanschot.
Local companies in the Netherlands such as Wehkamp.nl, Bol.com, H & M and Hema use the iDEAL payment system to facilitate transactions in their online stores. As a result, these companies have made online purchases more convenient for consumers and have managed to build the largest online stores in the country. In order to gain a foothold in the local market, foreign companies must also integrate iDEAL into their payment process in order to offer their customers a seamless shopping experience.
To reach the Dutch online market, international companies must integrate a payment service provider offering a wide range of payment methods, such as Paymentship.Paymentship own over 120 payment methods and is dedicated to serving clients around the world!