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Frequently asked questions
What is iDEAL in3?
With iDEAL in3 customers can spread payments into 3 equal instalments over 60 days without any interest or hidden costs. There is also no credit registration required. As a merchant offering iDEAL in3, you only pay per successful transaction. And, 11 business days after the first customer payment, you will be paid out in full.
Merchants that accept iDEAL in3 payments attract customers who buy more premium products. Existing iDEAL in3 merchants have seen an increase of up to 30% in cart order values and 15% in conversions.
Customers are not required to register for credit - iDEAL in3 covers any financial risk that may arise when offering customers the option to pay later, while customers get easy access to interest-free temporary credit.
You can find more information on iDEAL in3 Terms and Conditions here.
How does iDEAL in3 work?
During checkout, the customer will select iDEAL in3 ‘Pay in 3 instalments, 0% interest’ as their payment method
They’ll be redirected to an iDEAL in3 hosted payment page where they’ll complete the iDEAL in3 transaction as usual by selecting their bank
Checkout is quick and easy as customers do not need an existing iDEAL in3 account. Customers can also track their orders, and view how much they can spend from the iDEAL in3 app.
How are iDEAL in3 payments processed?
Order Complete:
The customer makes their first payment when they place their order.
30 days after Purchase:
Customers need to make their second payment no later than 30 days after the initial payment. They can do so via the iDEAL in3 app or the link in their reminder email.
60 days after Purchase:
Customers need to make their final payment no later than 60 days after the initial payment. Again, they can do this via the iDEAL in3 app or the link in their reminder email.
Customers can always choose to settle the full amount due before the set 60 days.
What are the benefits of iDEAL in3 through Mollie?
Simple, reliable payments
Using Mollie to accept instalment payments through iDEAL in3 is secure, easy and reliable. Mollie’s Orders API simplifies the implementation process.
More choice for customers
Offering iDEAL in3 gives your customers more choice and convenience. iDEAL in3 also boosts conversion, increases repeat purchase rates, and encourages higher order values.
Transparent pricing and valuable insights
Mollie promises transparent pricing. You’ll also have access to crucial business insights via your own Mollie dashboard.
Find more information on this payment method in our help centre.
