ideal.nl

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Definitions (10)

1

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acquirer


An acquirer is a business bank with which a merchant or CPSP can enter into an agreement to receive iDEAL payments.
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clearing and settlement


This is an activity rather than a role. It is included in the model to make it easier to understand. Clearing takes place according to bilateral agreements between Licence-holders and is the basis for [..]
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consumer


In the context of iDEAL, consumers are the individuals who use iDEAL to pay for a merchant’s product or service online.
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cpsp or collecting payment service provider


A CPSP is a payment service provider that offers iDEAL payment solutions to merchants. A CPSP is an intermediary between an acquirer and a merchant. It may provide merchants with ready to use online c [..]
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currence ideal b.v.


Currence iDEAL B.V. is the owner and trademark holder for the iDEAL payment method.
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e-wallet provider


An e-wallet provider is a company that manages electronic wallets for consumers (payers). Payers can top up their e-wallet using various products, including iDEAL. Payers always retain access to the b [..]
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issuer


An issuer is a consumer bank that enables its account holders (consumers) to pay with iDEAL through online banking.
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merchant


A merchant is a retailer, business or organisation that receives iDEAL payments from consumers.
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merchant integration guide


This document describes the technical specifications for integrating iDEAL into your online checkout system. Your bank or PSP can assist you with this. When you have agreed an iDEAL contract, your ban [..]
Source: ideal.nl

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payment service provider or psp


This is an institution that holds: (a) a licence as a bank, insofar as this licence authorises it to provide payment services within the meaning of the Wft; or (b) a licence as a payment institution o [..]
Source: ideal.nl