iDebit is a Canada-based digital e-wallet that allows you to securely pay merchants or other recipients with money directly from your bank account. Transactions don’t require a credit card and have a simple payment process.
Here your data and funds are entirely safe, and iDebit works with your bank to ensure that they follow stringent safety protocols. The instant confirmation also lets you track the payments you make and the funds you receive.
If you’re interested in gambling, iDebit allows you to deposit funds directly from your bank account to the online casino without setting up an iDebit account. However, if you want to withdraw from an iDebit casino, you need to register to transfer the money back to your Candian account.
InstaDebit works as a mediator between your bank account and gambling sites. This relationship means you cannot transfer funds directly from the bank into your InstaDebit account, but you can deposit money from your bank account to casinos that use InstaDebit.
Canadian gamblers will be happy to know that many online casinos accept iDebit as a means for transactions. Previously, Canadian players found it difficult to join online casinos accepting iDebit as many declined them or the CAD currency. That is no longer a problem as more casinos have started using it as a payment option. The payment method is protected and easy to use, making it popular amongst Canadian citizens.
For iDebit, there are a few things you need to consider before you proceed. There are two ways to use the method, so you need to decide which one you’re more comfortable with.
With the first option:
With the second option, you should:
Although the payment solution is mostly for Canadian players, and is still a bit new compared to other payment methods, many well-established casinos accepting iDebit exist. The more popular ones for 2021 include:
| Advantages | Disadvantages | ||||
|---|---|---|---|---|---|
| iDebit is a safe and reliable banking method that uses encryption to protect sensitive financial data. | Every transaction made with online banking via iDebit will cost you a $1.50 CAD fee. | ||||
| It processes deposits instantly, so funds can be used immediately in your iDebit account to start playing. | Sending money from your iDebit account to your bank account will also charge you $2 CAD. | ||||
| You don’t need a credit or debit card to use it. It only requires an online banking account | If you register an account, withdrawals may take up to five business days. | ||||
| You don’t need an account to use it; you can use the Guest Checkout option for quick and easy transactions. | Payouts are not available to players from all over the world. | ||||
| If you sign up with iDebit, you can use it as an ordinary e-wallet, storing your funds in your balance. |
iDebit casinos offer players a variety of bonuses using the payment method. These include welcome bonuses, deposit bonuses, and free spins. The best aspect might be the matching bonus, where you can get back a percentage of your deposit. There are also no deposit bonuses just for registering and selecting iDebit as your preferred payment method.
If you’re looking for a neutral rating that can separate the good from the bad, SuperLenny is the site you want to check out. We are impartial with our evaluations of casinos and payment methods.
When performing a rating for one of the above, SuperLenny assesses many variables: the speed of transactions, security, customer support, and user-friendliness. iDebit seems to be ticking off most of the boxes as it’s a fast and efficient way to make online transactions and is extremely safe to use.
A downfall may be the fees for transferring funds between accounts. However, it is a small price to pay for the convenience of payment solution.
Also check out other online casino payment methods like: Citadel, inPay and Neosurf
Sources:
Unfortunately, no. It’s for Canadian citizens, and only a handful of online casinos accept it.
Suppose you use it to make deposits, yes. However, withdrawals may take up to five days.
You will incur a small fee if you use iDebit as an intermediary between your bank and the casino site.
iDebit is a Canada-based payment company created for Canadians.
It is entirely safe as it uses encryption to protect sensitive information.
Deposits are generally instantaneous, and withdrawals may take up to five days.
Minimum deposits may vary, depending on the bank and the casino, but the starting point is $10 CAD.
Depending on if the online casino is mobile compatible, you can use InstaDebit and iDebit as a payment method.
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