InstaDebit is an e-banking method through which you can directly pay your merchants from your preferred bank account. InstaDebit payment gateway is owned and regulated by InstaDebit Services Inc, which is based in Toronto, Canada.
Being in the industry for more than a decade, InstaDebit today enjoys the support of thousands of active users in Canada, who can make seamless payment to new online casinos. InstaDebit is mainly used by Canadian users to transfer funds into sportsbooks, dating sites, gaming sites, new online casinos, e-commerce websites, etc.
InstaDebit offers both deposit and withdrawal services. It uses your bank account (which has to be verified with your identity) for every transaction, and payments will only be processed, to and from, the linked bank accounts.
Its services mimic that of PayPal, as it offers a convenient e-wallet facility, which can be used to store money temporarily and withdraw them back into your bank account as well.
You can even compare casinos that accept InstaDebit before registering at one. In the meantime, have a look at a full list of the Latest InstaDebit Casinos below:
|Currencies||USD and CAD.|
|Security||Bank security protocols, 128-bit encryption.|
InstaDebit Casino Warning: UK
Unfortunately, InstaDebit is only available for Canadian players therefore UK players must find an alternative payment method.
Fast and simple
Transactions made with InstaDebit are incredibly fast! All transfers are instantaneous. In addition to that, it’s a payment method very simple and easy to use!
Reliable customer support
InstaDebit has a friendly and reliable customer support team. All your questions are answered within minutes!
InstaDebit allows its users to withdraw back to their accounts! So you don’t have to go searching for another banking option to cash out your online casino winnings.
InstaDebit follows strict security protocols to ensure your data is protected! The company adds extra layers of encryption technology to prevent any cyber frauds!
Few currencies supported
One of the downsides of InstaDebit is that it is only available in two currencies (USD and CAD).
Only available in Canada
Unfortunately, only players residing in Canada can benefit from InstaDebit functionalities.
Not widely accepted
Only a few new online casinos accept InstaDebit as a payment method. It’s becoming more popular over the years, so we expect they will move into new markets.
To start enjoying all benefits, you must create an account with InstaDebit! Access the company’s website and click on the “Signup” button on the homepage. That done, simply enter the required information and start playing!
Just a few easy steps to get an InstaDebit Account:
- Go to the InstaDebit’s website.
- Click on the “Signup” button.
- Complete the registration form.
The registration is a one-time process, which will not only save a lot of time in processing your future payments but will also make your transactions safer. InstaDebit will ask you, your name, address, and email information.
You also have to give the last four digits of your social security number, which will help in confirming your identity. InstaDebit is regulated by the highest standard of banking norms, and your information is in safe hands.
After completing the registration process, you have to enter your banking details. You can save multiple bank accounts in InstaDebit, but each account has to be verified, just like PayPal does.
InstaDebit has become synonymous with online banking for Canadian punters. It is accepted in most Canada-focused gaming and gambling sites. To check the presence of InstaDebit as a valid deposit method, check out the online banking section of the deposit methods. It will be alongside companies like Sofort Banking and PayPal.
Just a few easy steps to deposit at an InstaDebit Casino:
- Head to the Cashier page on the casino and click on “Deposits”.
- Enter the amount you want to deposit and any promo-code which may be applicable.
- Select InstaDebit as your preferred online casino deposit method and you’ll be redirected to a secure InstaDebit server.
- Log into your InstaDebit account.
- You will be provided with a bill from the merchant casino, which you have to verify.
- Approve the payment.
You don’t need to enter any banking details or card number. Once you approve the bill, you will be taken back to the cashier page of the online casino. You should see your funds appear instantly.
InstaDebit simply offers you a safe buffer between your bank and the online casinos. It also facilitates the payment process by using its own gateway to process the payments. Payments are processed instantaneously, unlike traditional bank/wire transfers. The process of requesting a withdrawal with InstaDebit is almost the same as depositing.
Just a few easy steps to withdraw at an InstaDebit Casino:
- Go to the Cashier page on the casino and click on “Withdrawals”.
- Enter the amount you want to cash out.
- Select InstaDebit as your preferred online casino withdrawal.
- Request your withdrawal.
- Wait for its approval.
The clear advantage of InstaDebit is its double-edged transactions capability. Unlike many other popular e-wallets and mobile banking services, InstaDebit has kept the window of withdrawals open.
You can now transfer your winnings from online casinos into your bank account, via InstaDebit. InstaDebit doesn’t charge the end-user for depositing/receiving money via its platform.
However, there is a flat charge of C$2,00 for withdrawing funds into your bank account from your InstaDebit account. In case the merchant refunds you the payment, your payment can directly be transferred back to your bank account without any charge.
InstaDebit takes utmost care of your personal banking information and protects all user-data in multi-layered security setup. The company does not share your banking details with anyone other than your bank. It also follows the industry standards on minimum information banking, which limits the information which is taken from you.
InstaDebit verifies your identity through the last 4 digits of your Social Insurance Number (SIN). You will have to provide this info during the registration process and it will help streamline all your payments, also making them safer. Moreover, InstaDebit uses IP address checks along with regular transactions auditing to detect any fraudulent activity.
The company indulges in strict self-auditing and is regulated and certified by VeriSign and TRUSTe, which are independent banking security organizations. InstaDebit is also regulated and licensed by Financial Consumer Agency of Canada (FCAC) and Superintendent of Financial Institutions (OSFI), both of which are reputed government institutions.
All InstaDebit transactions, irrespective of the amount, are protected by 128-bit encryption technology, which guarantees the highest level of encryption, for every single transaction. The company is powered by Norton Secured, which protects the payment gateways from hacking and other cyber frauds.
InstaDebit requires you to be registered with their platform for using their services. Also, you must be a Canadian resident to open an account and pay with InstaDebit.
1. Why use InstaDebit at new casinos sites?
InstaDebit is 100% safe and secure. Also, allows its customers to request withdrawals, not only deposing.
2. How to use InstaDebit for casino deposits and withdrawals?
Just make sure your favourite online casino accepts InstaDebit as a payment method and you’re good to go. Head to the Cashier page on the chosen casino and select InstaDebit as your deposit/cash out method!
3. Is it safe to use InstaDebit in an online casino?
Completely! The company has encryption technology and is regulated by the Financial Consumer Agency of Canada (FCAC) and Superintendent of Financial Institutions (OSFI). So you’re in a safe place!
4. Are there fees for using InstaDebit?
Absolutely not! InstaDebit does not charge any fees for depositing with them. However, there is a flat charge of C$2,00 for withdrawing funds into your bank account from your InstaDebit account.
5. Which casinos accept InstaDebit?
6. What are the best alternatives to InstaDebit?