Date published: 15.03.2019
iDebit - A New Deposit and Withdrawal Method for Canadian Casino Players
The Canadian fintech company Insadebit International Serviced Ltd has recently released a new payment product called iDebit, that allows users in Canada to make instant bank transfers without having to register an account first, which is the case when you use their other payment method Instadebit.
iDebit offers fast and cheap instant bank transfers that are secured through your online banking security feature, and each transaction needs to be confirmed separately. On the other hand, Instadebit sets up a direct debit to your bank account.
A casino deposit with iDebit
To use iDebit simply for deposits, it is not necessary to register an account. You can initiate the transfer at the casino by selecting the payment method from the list of available methods in the casino. Enter the amount you wish to transfer and login to your online banking. The transaction will be confirmed by your bank security feature, and iDebit will then transfer the money directly to the casino and charge your account at the same time. They will act as an intermediary and eliminate the time it takes to process bank transfers. The cost for one such transaction is C$1.50.
A casino withdrawal with iDebit
To request money from the casino you will first have to register a free account with iDebit. After the withdrawal request has been processed by the casino, the funds will be transferred to your iDebit account, where you can either spend them directly for free, or you can choose to transfer them back to your bank account for a fee of C$2.
Casinos that accept iDebit
There are a number of great online casinos that accept this new payment method for deposits and withdrawals. Here you can see our top picks, but you can also take a look at our detailed article about iDebit, that offers more information about the payment method, how it works, security, and a complete list of casinos that accept iDebit.
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