InstaDebit: Hassle Free Online Payments Directly from Your Bank Account
InstaDebit is a trusted online bank-based payment method for many Canadian online casino players. It is highly preferred to other payment methods that are available in Canada because of its convenience, remarkable safety and anonymity. In case you’ve never considered using this payment option for online gaming in Canadian casinos, take a look at this review and see why it could easily be your merchant of choice from today.
How to activate your Instadebit account
In case you don’t know how to use the InstaDebit for depositing or withdrawing funds from an online casino, we’ll help you out. But first, here’s how you should get started:
To use the payment method, you need to create an account first by providing your bank account information and some personal info as well like a valid email address, your name, the last few digits of your Social Insurance Number (SIN)
Once your details like email address and bank account number are verified, your account will be active and ready for use.
Deposit and withdrawal limits
Before you start using InstaDebit in Canadian online casinos, you should take note that is not like an e-wallet because it does not allow you to deposit funds directly to your InstaDebit account. The only thing it does is to move funds from one of your accounts into another and vice versa. Therefore, it means that you don’t even need to fund your InstaDebit account. It’s meant to move your money to and from your bank account.
Speeds and Transaction Fees
The best part about this payment transfer method, all the deposits and withdrawals take place instantly
And as expected, creating an InstaDebit account is completely free; however, you will be charged CA$1.95 for depositing to an online casino from your bank account. But If you make deposits from your InstaDebit account, you will incur zero fees.
When it comes to withdrawals, you will not be charged anything if you withdraw from an InstaDebit online casino to your InstaDebit account. But you will incur CA$2.00 if you withdraw from your InstaDebit account to your bank account.
In matters of security, InstadeDebit uses foolproof 128-bit SSL encryption technology for the protection of sensitive information from fraudsters. Better yet, its services are regulated and monitored by TRUSTe and VeriSign, which some of the most reputable online privacy control institutions. And by the way, when you deposit using InstaDebit, the online casino will not have access your card or bank information; thus, your financial information is completely private.
Top Canadian InstaDebit Casinos
With the security, reliability, and convenience that comes with PayPal, a majority of casinos in Canada have adopted it as one of their top payment methods. Some of the best Canadian casinos that accept PayPal are:
Up to $1000 Bonus
150% Match up to $200
1 X Match Offer up to CA$200
$800 Free for First 3 Deposits
Up to $750 Bonus
Welcome bonuses up to €/$1600
The Pros and Cons
These are some of the Pros and Cons of using InstaDebit as a payment method;