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InstaDebit is a mode of transaction that is supported by every financial institutions in Canada. This payment system ensures stress-free transactions and it support CAD and USD currencies.
InstaDebit is a system of payment that is well-known among Canadians. This system of payment is only accepted by casinos that support it as a payment means. There is a clear difference in electronic wallets, and InstaDebit, so don’t take the two as the same thing, depositing and withdrawal of funds can be made with InstaDebit without having to undergo any form of stress, but winnings obtained by players cannot be directly transferred into players InstaDebit account. Owing to its popularity in Canada, it has been implemented by about a hundred casinos as a system of payment.
Casinos that Accept InstaDebit
Depositing with InstaDebit at casinos
Below is the guide you are to follow when you might have decided to deposit with InstaDebit at online casinos:
- Choose the section that is designated as Cashier after logging in into the casino
- Select your mode of deposit to be InstaDebit, after seeing a pop-up window enter your details to log in to the system of InstaDebit
- State the value of money you wish to deposit and verify the payment by approving it.
- Await the confirmation of the payment; a mail will be sent to your inbox. You can then proceed to play games of your choice.
Withdrawing with InstaDebit at Online Casinos
Making a withdrawal with InstaDebit is as simple as depositing with InstaDebit.
Below is the guide you are to follow when you might have decided to withdraw with InstaDebit at online casinos:
- Visit the page that is meant for withdrawal on the webpage of your preferred casino.
- Set your means of withdrawal to be InstaDebit, after seeing a pop-up window enter your details to log in to the system of InstaDebit
- State the value of money that you wish to withdraw from your account with InstaDebit and verify the withdrawal.
- You will receive your money once the transaction is processed.
Merits and Demerits of Using InstaDebit
- No account creation is needed, and it is simple to use
- Funding an account is required.
- All banks including Canada financial institutions support it.
- The customer support is superb, and they are reachable 24/7.
- InstaDebit support currencies of CAD and USD
- This system of payment system is restricted to Canadian
- A fee of $1 is charged for depositing at casinos.
FAQs about InstaDebit
What is the security status of InstaDebit?
Encryption of 128-bit is being implemented by InstaDebit, and the transactions are being monitored by two leading security companies, which are; Verisign and TRUSTe. Also, all gamblers' data is kept anonymous.
How can one fund an InstaDebit account?
InstaDebit is different from an electronic wallet; hence it is only usable with the account you have in your bank. Therefore, depositing funds via your bank account into your InstaDebit account is not possible. This system of payment can only be used on websites that accept it as a means of payment.
What will I gain by using InstaDebit?
Although there might not be much difference between InstaDebit and credit or debit cards since the transfer made by the two payment options is processed instantly, but the anonymity of user’s data is kept by InstaDebit unlike debit or credit cards, and there is much efficiency in tracking user’s transaction with InstaDebit.