InstaDebit as a Payment Method in Online Casinos

InstaDebit is a safe and secure option for any financial transaction with online casinos. It is a Canada-based payment provider that you can use to transfer money instantly from your bank account to the merchants. If you are an avid player of online casinos, you would be familiar with InstaDebit as a payment method. It is one of the preferred methods of many gamblers worldwide and is likewise accepted by numerous online casino sites.

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For online casino gamblers, these days, the more payment option there is, the better. These give them a lot of choices and the flexibility to handle their financial transactions. With the growing number of financial services providers in the industry, there is always one that you will trust. InstaDebit is one of the well-known bank-to-bank payment methods and is accepted in many online casino sites worldwide. Read on to learn more about why many gamblers have chosen InstaDebit for their financial transactions with various online casino sites.

History

InstaDebit was launched in 2003 and originated in Canada. Since then, it is widely used by both Canadian and US online casino gamblers. Today, InstaDebit is owned by Instaebit International Solutions Ltd. The headquarters is located in Toronto, Canada, and the InstaDebit Global branch is located in Malta. The Toronto-based financial service provider employs over 150 employees and turns over more than $11 million in revenues each year.

InstaDebit is popular among Canadian online casino players and they are using it as their deposit and withdrawal method across online casinos. Its popularity is seen in the number of casinos that accept InstaDebit as a payment method. With the different financial service providers in the industry, e-wallets still are topping the list of the preferred payment method of online casino gamblers. Although InstaDebit is considered to be an e-wallet, it is not your traditional e-wallet. The difference is that you need to go to the official website and sign up.

With the availability of InstaDebit in many online casino sites, it has been patronized by many gamblers worldwide. There are many reasons why gamblers choose InstaDebit as a payment method. Here are some of them:

  1. Transactions with online casinos are fast.
  2. Safe and secure transaction.
  3. Your personal and banking information is kept anonymous.
  4. InstaDebit is a great option for Canadian online casino gamblers.

Deposit/Withdraw – how does it work

Using InstaDebit is quite easy and uncomplicated. There are two ways to make deposits: as a direct wire transfer from your bank account, and through depositing funds from your InstaDebit account. Another good thing about using InstaDebit is that it works well on both desktop and mobile devices. Here are the steps to follow when making deposits with InstaDebit:

  • Choose the online casino that accepts InstaDebit as a payment method.
  • Go to the cashier section and select “InstaDebit” as your preferred banking method.
  • Select the amount you wish to deposit and type in your InstaDebit account information.
  • You will then be given a choice between instantly paying out from your InstaDebit account, or by wire transfer that may take up to 5 working days.
  • Check the information carefully and submit it.
  • Once the funds are already in your account in the online casino, you can enjoy playing the games they offer.

Withdrawal of funds is likewise a walk in the park. But first, you need to read the terms and conditions of the online casino to be fully aware of their rules and policies. After getting the information you need, head to the cashier of your online casino and search for InstaDebit on the options given. You can choose the method of withdrawal, either by sending the money back to your InstaDebit account or to your bank account. You will then be prompted to provide your account details and the amount that you want to withdraw from the online casino. Verify everything and click the “confirm” button to complete the transaction. Withdrawal may take up to five working days to be processed or whatever the processing time of the online casino site.

In choosing the right payment method, it is also best to know the pros and cons of the financial service provider. These will give you a clearer picture of what the provider can and cannot offer. InstaDebit is of no excuse as online casino enthusiasts may always have something to say about it. Check below if InstaDebit works well with you and your needs in playing online casino games:

  • Fast casino transactions in terms of deposits and withdrawals.
  • Your personal and banking information remains anonymous even though you have been asked for them when you signed up with InstaDebit.
  • Using InstaDebit is safe and secure so there is no need to worry about theft and fraudulent activities.
  • InstaDebit is a great choice for a payment method for Canadian online casino players.

On the other hand, just like in any online casino payment method, InstaDebit also has its cons. So far the only problems that gamblers may encounter is that it is not available in all countries. Likewise, since it originally started to cater Candian players, you will need a Canadian account to sign up with InstaDebit. And if this isn´t something you have, well dont worry. There is plenty of other e-wallet options like MuchBetter, Skrill, Neteller and PayPal.

It is understandable that players become meticulous when it comes to choosing the right payment method. After all, we are dealing with money here and that earning and losing them is not a joke. Knowing what is best for your casino needs will give you the chance to fully enjoy the games offered by your chosen online casino. The use of e-wallets these days is the favorites of many players and there are good reasons why. InstaDebit, though with some limitations, such as the availability in different countries, still proves to be one of the great choices especially with the benefits it offers its clients.

InstaDebit FAQ

Is InstaDebit a secure payment option for online casinos?

Yes. Instadebit takes pride of its secure deposits and withdrawals. It makes use of technology that will prevent your account from being involved from theft and any fraudulent activity.

Can I deposit at an online casino with InstaDebit?

Yes and it is easy to find an online casino that accept InstaDebit. Check the banking options of the casino to see if InstaDebits on the list.

Does InstaDebit provide Customer Support Service?

Yes. InstaDebit offers Customer Support service which is available 24/7. The team attends to all of your inquiries and assist you with your concerns. This is through the onsite contact form, Live Chat, and phone.

Which currencies can I use to make transactions?

Since it is a payment solution available to Canadian and US plates only, this payment method is available in CAD and USD only.