Playing at online casinos using this payment type is like playing using an online cheque. No info about your bank details is shared with the casino – as simple as that.
To create your instaDebit account, you will need to sign up, and you will be able to use it immediately, without having to wait for account approval or activation, just as long as you already have a bank account to connect your instaDebit account with it. The beauty of it is that you don’t need to pre-register. You can create your account during your first transaction.
Any time you want, you can log in to your account and accept or withdraw your winnings, change personal info, view your complete history and verify your bank account. This means that the payment method is good both for deposits and withdrawals.
Depositing and Withdrawing at an Online Casinos
Casinos using instaDebit are the perfect choice for you if you’re one of those players who doesn't want to share their sensitive data with the casino. This is where the payment method kicks in and this is why it is absolutely the best payment option for playing at online casinos with. With this payment method, you make payments to your online casino using the funds on your bank account, but none of those details is shared with the casino.
As you go to your casino’s Deposit/Withdrawal page, you will see the option and by clicking on the payment method, you log in to your account, with your username and password. No bank details are shared at this point, nor at any other. Just approve your transaction, and your bank will do their trick to put the funds to your casino account.
Withdrawing at casinos is just as easy as depositing. Once you request the withdrawal from your casino, the casino will transfer your funds to your instaDebit account. From here, you can use your money to make online purchases with this payment method or you can cash out your winnings via your bank account. You will then get the money to your bank account from where you can cash them out, and this may take three to five business days.
The Pros and Cons of Playing at instaDebit Casinos
- Another amazing benefit is that creating an instaDebit account is free, and no charges apply for making payments from your account directly.
- There is a small fee of $2.00, though, for withdrawing funds from your account and a $1.95 for depositing to casinos.
The main disadvantage of using this payment method is that this service is available to Canadian players only. There are only two currencies available, as well, the Canadian and US dollars. Therefore, you can only consider joining casinos if you’re a Canadian player who has a Canadian bank account. If you’re a resident to any other country throughout the world, making payments at an online casino with this payment method will be impossible for you.