A Dutch retail association has hit out at ING, claiming ongoing problems with the bank's iDEAL payments system has cost its members millions of euros.
Currence is not the processor for iDEAL transactions but the brands and licenses organization for iDEAL. Banks authenticate users and authorize iDEAL transactions themselves in their internetbanking domain, the issuing processing. The acquiring processing
is outsourced by all acquiring iDEAL banks to Atos Worldline.
© Finextra Research 2013