What is Instadebit?
Instadebit is an originally Canadian online payment service that launched in 2003, widely-used by both online gamblers from the US, as well as those from Canada. Today, Instadebit International Solutions Ltd owns the system and two branches exist, one with headquarters in Toronto, and another based in Malta.
The service is a platform that allows customers to make online payments from their bank accounts to an account of an online recipient. Think of it as an online cheque. It acts as a middle-man between the payer and the payee. The funds move through its system so that the other party never has access to the user’s bank information. It’s available to Canadian residents, older than 18, that have a bank account at a Canadian financial institution.
While many that have not used this service, think of it as an e-wallet, it is not one. Users do not add funds to their accounts. The payment is made directly from their bank account. Instadebit accepts all the big banks in Canada, so there are no worries about any problems related to joining the service. It lets Canadian players track their deposits and withdrawals while revealing minimal information.
Withdrawals Options for Canadians
To use the service, Canadians first have to subscribe to it and open an account. To deposit with an online casino that accepts the payment method, a player has to access his casino account, select Instadebit as his deposit method of choice, enter the desired deposit amount, and provide his Instadebit details. Then, he can pay instantly using his account funds, or by wire transfer, which can take up to 5 banking days.
In contrast to other payment options, Instadebit handles both deposits and withdrawals. The process is more or less the same for both. The player has to open the cashier tab on his gaming site of choice, choose Instadebit as a withdrawal option, type in his account details, and the amount. It’s best to carefully examine all information for accuracy and specify a sum over the minimum limit. It may take the casino and bank a few days to process the transaction.
With a payment option like Instadebit, you will be able to play great slots from game providers like NetEnt, Just FTW, Microgaming and Yggdrasil.
Advantages of Instadebit online payment service
Some of the major positives of using Instadebit include the high-tech encryption that protects all transactions, as well as the simplicity and super-fast transaction times for nearly instantaneous betting. It marries speed and security.
It’s a highly-respected service with years of experience, friendly customer support, low transaction fees, and it accepts the US dollar. Some online casinos cater to Canadians by offering bonuses to players that use this method.
Disadvantages of Instadebit
The main drawback is that the service is limited to Canada and its citizens. It’s also limited to two currencies, and there is no mobile app that would make the transactions even quicker. Though, the service claims that users can access the site from anywhere at any time, as its pages are very mobile-friendly. Thus, Canadian players will have to use a mobile browser, which is not always the most reliable solution.
Instadebit at online casinos
Instadebit is one of the best payment methods when using an online casino. Table games and other pass times such as slots, roulette baccarat, blackjack, and jackpots as well are best enjoyed played with real money so you can enjoy your bonus. Read more on our page that explains responsible gaming. If you want to know more about the words and phrases used in online gambling, please check out our glossary for online casino and betting.
Casinos that accept this Payment Method
- Yukon Gold
- Jackpot City
- Spin Casino
- Zodiac Casino
- Royal Vegas
- Night Rush
- Royal Panda
For more information regarding the service, please see the product-specific homepage.
Other great Deposit Methods
Read more about different payment solutions at www.casinodreamz.com deposit methods
Try out this online casino where you can use Instadebit: