InstaDebit is, in essence, an e-wallet and an electronic payment service. It serves as a midway process between an active bank account and any online casino that supports Instadebit. Created in 2003, it has achieved a great deal over the years and has risen to become one of the more trusted and reputable e-wallet choices to make electronic payments. It has also gained credibility in its use within the online casino industry. As a Canadian oriented payment service, Instadebit is an excellent choice thanks to its speed, convenience and safety. Non-Canadian players are unable to use this payment option, as it was limited to just Canadians in late 2014. Unfortunately, this means even the neighbours down south in the USA are unable to use it.
Instadebit is a top convenient online payment solution which is renowned for being safe and reliable. With this E-wallet facility, players can claim withdrawals from, and make deposits their online casino of choice, with the same ease and timescales associated with a cheque. Deposits are instantaneous on the casino platform, but the money reflects in around 2 to 5 days.
How To Use Instadebit at the Casino
Anyone wanting to have an Instadebit account can do so by applying online from its website. Like other payment solutions, you would need to input identifiable information such as a name, date of birth, and banking information.
Once you have done this, the next step would be to head to any Canadian gambling site that offers Instadebit as a payment option. Once there, at the cashier section, select Instadebit as a payment option and authorise it as a preferred deposit method. A pop-up window would then appear, requiring you to enter the sum you wish to send while confirming the amount is correct and in an instance, the money shows up in the gambling account. This mode is very advantageous as the casino does not need your banking or personal information.
Unlike numerous other payment options that only provide services that are one way, Instadebit works for both deposits and withdrawals which will incur no hidden or exorbitant charges. Instadebit operates as a third-party service between the Casino and a player's bank account. The depositing process is just like the withdrawal one: it is instant as the deposited amount reflects instantly. Should a withdrawal be made, the money can be withdrawn to the bank account registered.
The main attraction using Instadebit has, is the fact that one can register for the payment solution and pay right there and then. Registered users need not worry about a long verification process before they can use the service.
Safe and Secure Payment Solution for Canadian Players
Users of this service need not wait for approval before they can deposit their money to online casinos of their choice. Every financial institution in Canada supports this service and players need not worry about their gambling habits been noticed, as casino transactions never show up on bank statements, all that shows is Instadebit. All Canadian players have to do to be able to use online casinos that support Instadebit, is to find casinos that provide gaming services to players in Canada.
Main Benefits of Instadebit
Though there are numerous payment methods available to online casino players, Instadebit is one that offers players a simple way to deposit and withdraw funds. Players using Instadebit benefit from nearly instantaneous betting. It also helps that Instadebit is one service that has a long history of working with almost every leading Canadian online casino, to offer bonuses for using it as a payment option. Players need not worry about incurring huge fees when they use this service.
The essential consideration people think of when selecting a payment option is security. Instadebit can marry that with confidentiality and speed. The information is stored in a safe and secure environment using high-level encryption. More so, third parties cannot access the account information of players which means the risks of hackers and nefarious actors gaining access to personal information is minimal.
Drawbacks to Using this Payment Method
Even though using Instadebit doesn’t itself incur high fees, the payment solution is only available to players that make use of an active bank account domiciled in Canada. It also requires full documentation to prove who you are, so it is not anonymous. Another disadvantage is that you can link just one bank account to it and cannot be spread over multiple bank accounts.
Instadebit is without a doubt an expedient and seamless payment option which is solely for players with accounts domiciled in Canada. Making use of this solution, players don’t have to worry about sharing financial and personal information via debit or credit cards as it is safe and secure. Any transfer made gets processed within minutes, leaving gamblers to be able to play their favourite games at the casino without delay.