For all Canadian online casino players out there, InstaDebit is probably your go-to banking method when it comes down to topping up your online casino account. Not only is it extremely reliable as a banking method, it is also extremely fast and user friendly. Being an e-wallet solution, all players have to do is connect their credit card or bank account to their InstaDebit account and transfer some basic funds into the account. These funds can then be used on any online casino accepting InstaDebit as payment method. Deposits made through Instadebit are instant which allows for players to immediately start betting on their favourite games. No nasty waiting times!
Deposits can of course be made in CAD with no fees attached. However, when withdrawing funds there will be a small fee attached, like with most e-wallet solutions. Instead of asking for a percentage of the amount withdrawn, InstaDebit will attach a set fee of $2 per withdrawal. So you are better off making a big withdrawal at once than several smaller withdrawals.
Instadebit is the preferred payment method for Canadian players and probably will be for a long time to come. If you are a Canadian player looking to fund your account using this baking method, then we have compiled a neat list for you to help you on your way. If you want to check out more Canadian online casino then you can find them here.
Fees For InstaDebit Online Casinos
One of the main reasons many Canadian online gamblers opt for Instadebit as their primary payment option is because it doesn’t come with any additional fees. With e-wallet solutions you are bound to get a lot of fees on a variety of transaction options. InstaDebit is mainly free, signing up and creating your account can be done at no additional cost. Using your InstaDebit account to fund your online casino experience will cost you about $1.95.
The only time you will ever run into higher additional fees using InstaDebit is if your bank charges extra fees. InstaDebit has also recently started charging users with a $2 withdrawal fee which isn’t that much. A variety of payment options will add huge withdrawal fees of up to 7% on certain withdrawals. If you are looking for a safe online payment solution that comes with low additional costs then InstaDebit is perfect.
There might be some conversion fees should you choose to fund your online casino account in US dollars instead of Canadian dollars.
E-wallets are widely used by millions of people across the planet and they act as an intermediary between the users bank account and the merchant they are using for their online purchases. One of the main advantages of using an e-wallet to fund online casino accounts is the fact that players will remain completely anonymous and bank statements will only display ‘InstaDebit’ as the transaction.
Many online casinos accept InstaDebit as a payment method and has become one of the major players in payment processing. To discover whether InstaDebit is accepted as a payment provider, the quickest way is to scroll down to the bottom of the page and check whether the company logo is displayed beside the other payment methods. But to be entirely sure, head over to the banking section within the general terms and conditions of the online casino and you should see the entire list of payment providers that are accepted.
Deposit And Cash-Out Times
Depositing via InstaDebit is as easy as it is using your VISA or MasterCard. Deposits are almost always instant, and you will have the luxury of playing your favourite online casino games right from the start. In some cases the deposit might not show up immediately on your bank statements and can take up to 5 days to clear from your bank account. Luckily this does not affect the time it takes to fund your account. As an online casino player you can rest assured that funding your casino account via InstaDebit is always instant.
If ever you require a refund from your online casino or another merchant it will be deposited back into your account within 3-5 business days. These funds can be used to make other online purchases or used again to fund your online casino account. If you want to completely withdraw funds from your InstaDebit account you will have to visit the InstaDebit site. To get your money transferred into your bank account you will have to log in to your account, head over to the account balance which is shown at the top of your profile page and enter the exact amount you wish to withdraw. This will also take about 3-5 business days to show in your bank account.
An additional note: When you first create your InstaDebit account you might notice a small deposit made into your account. This is just a test to see if the transactions will go off without a hassle to assure that you and InstaDebit are secured in the process.
Security wise InstaDebit is one of the top ranking online payment solutions for Canadian citizens. This is a top priority especially if you are a frequent online casino player, you want to have the assurance that your funds and your details are safe. One of the many perks of using InstaDebit is that you can remain anonymous and transactions will show up on your bank statement as InstaDebit. This way no one has to know what you get up to online and you get to enjoy your online gambling in anonymity.
InstaDebit uses some of the most sophisticated and comprehensive anti-fraud systems in the ecommerce industry. By signing up with them you can be assured that all your online transactions are highly protected and at very low risk. Your banking information will always remain confidential and is protected thoroughly by InstaDebit. As for information sharing, InstaDebit makes a promise to users to never share this information with merchants.
There is also an Identification Verification process that takes place when you first sign up to confirm your identity and to protect you and your payments. For this process you will need the last 4 digits of your Social Insurance Number and your date of birth. When it comes to privacy InstaDebit goes the extra mile, your privacy and transactions will be monitored on a regular basis by leading security firms such as VeriSign and TRUSTe. InstaDebit has also been certified by TRUSTe, McAfee and Norton as a safe and secure payment option.
Any and all communication between InstaDebit and its users is secured by the latest SSL digital encryption technologies. This is to ensure that your information can never be accessed by outsiders or used for fraud.
Benefits Of Using InstaDebit For Online Casinos
InstaDebit is mainly a middleman between your bank account and the online casino or merchant you use. Some might say that as a middleman it won’t offer many benefits like normal e-wallet payment options do. In some ways this is correct but there are also a lot of benefits for making use of InstaDebit.
One of the biggest benefits is that it is a free service and any costs that might occur when making transactions go straight to your casino or bank. The other benefit is that you are guaranteed anonymity when using InstaDebit, for many online casino gamblers this is one of the main concerns. Your bank statements will never reveal what your gambling activity and all InstaDebit transactions will simply show as InstaDebit. Nothing can be traced back to you.
Using this middleman also saves you a lot of time and it carries a lot less risk. It is one of the easiest and speediest methods available to fund your account and even if the transaction between your bank and Instadebit takes up to 2 days to complete your casino account will be funded immediately. There is also the benefit of getting cash back and refunds being guaranteed.
As a matter of self-preservation and practising responsible gambling you also have the ability to keep track of your transfers. You also don’t have to have funds readily available in your InstaDebit account in order to use it. If you are in a rush and trying to get a few spins in on a progressive jackpot slot then you don’t need to waste time trying to fund your account before transferring to your online casino. This is a limited benefit that has a maximum amount of credit provided just as a safety precaution.
As an online casino player it is always wise to know all the best payment options that are normally offered at most online casinos. Instadebit is very similar to PayPal and allows you to fund your gambling anonymously and at incredibly low cost. It is used by various gamblers because it allows you to play online casino games without hassle or fuss. It is convenient, simple to use and mostly free.
Unfortunately Instadebit is only available to Canadian residents that have a bank account at any Canadian financial institution. Instadebit was first launched in 2004 and has ever since grown into one of the top payment methods for Canadian casino players. Instadebit is safe, reliable and extremely convenient with low fees and speedy transactions.
Instadebit works a lot like a check; the money is taken from your bank account and loaded into your online casino account. You can also use your InstaDebit account for online shopping at all sites that accept use thereof. If you don’t have an InstaDebit account yet it’s nothing to worry about thanks to a quick sign up process. All you need to do is create your account and provide InstaDebit with all the require details including your bank account information and you are set to go.
As soon as the account is set up you are ready to play at a host of top Canadian online casinos by using a secure payment method. Canadians also feel more comfortable making use of payment options such as InstaDebit because it is a Canadian company that complies entirely with the country regulations. InstaDebit is known as the best alternative for other payment options such as PayPal and Neteller which are not available to citizens of Canada. More and more online casinos have opened their doors to InstaDebit and have added the online payment solution to their list of trusted and secure options. If you are not a Canadian citizen then you should know that InstaDebit is not for you, the service is only available to Canadians.
InstaDebit unlike most other online payment solutions give you direct access to their customer support team. Even more impressive is that they have superb and highly trained staff waiting to answer your questions and queries or solve your problems around the clock. You can contact the support team via email, toll free phone or live chat 24/7 all year through.
If you prefer finding the answers without having to contact the support team then you go through the list of frequently asked questions available on the website. You will notice that there are a few different categories with subcategories listed below to help narrow down your search. Each and every question listed on the site is answered in detail which should make it rather easy to get to the bottom of your search in no time. Unfortunately InstaDebit isn’t available on social sites and can only be contacted via the methods made available on their site.
Funding your InstaDebit account is quite easy with a limited amount of payment options available. The online payment solution has very strict rules to ensure that there are no chancers and that each and every user has a fair and safe experience. Working mainly as a middleman between your personal bank account and your online casinos or other merchants there is one simple way to fund your InstaDebit Account.
Your InstaDebit account is linked to your bank account and can therefore only be funded by bank transfer or credit card. Bear in mind that you are only allowed to link one bank account to your InstaDebit account. Under no circumstances will you be allowed to split the payments between different accounts.
It should be noted that the balances in your InstaDebit account will be separated by currency. So if you fund your casino account with your InstaDebit account it will be charged from your USD balance, if there is no USD balance then the funds will be taken directly from your bank account. The CAD balance will remain untouched unless you choose to fund your account with Canadian Dollars from the start. The point is that you have the freedom of funding your account in any preferred currency knowing that InstaDebit will allow it. All currencies used will be divided into separate balances.
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