iDebit

Larger marketplaces have understandably attracted greater attention by merchants and services alike, and Canada is definitely a worthy example of this tendency. With its massive potential for businesses under a stable economy, it is no wonder that one of the greatest booming industries of the day – online gambling – have managed to fit right in.

Along with such entertainment forms came a range of additional services, some of which handled the matter of online payment processing. iDebit, specifically, is a type of e-wallet company which facilitates their users’ payments to and from online merchant sites, gambling platforms included.

What is iDebit?

It came about around the same time as others such as InstaDebit and the likes, catering to the Canadian user pool with reliable and secure online transactions.

With plans for expansion across other markets, this payment processing service has partnered with a range of merchants. All you have to do is hold an account with one of the partnering banking institutions and you can perform payments to these online retail platforms quite seamlessly.

As mentioned, iDebit functions as a fully fledged e-wallet, meaning interested players from Canada looking to use it for their online gambling endeavors can store value in the account for ready-made use. Just register for an account with the service by filling out the signup form with personal information, link you banking account from the banks available, and get started. Alternatively, you can use it simply as a payment facilitator and transact directly from your online banking platform, giving you additional freedom of choice.

iDebit Facts

Payment Type	Bank Transfer
Accepted Countries	>20, incl. Canada
Create account	FREE

How to Deposit with iDebit?

Depending on which way you choose to go with, online casino players can process deposits in a few simple steps. Just make sure you find an online casino that meets your player preferences and, at the same time, offers the option to perform iDebit deposits. Register for a player account there and head straight to the Banking page.

Here, you can select to process payments through the e-wallet or the direct bank transfer variant. The former will require players to log into their e-wallet account, specify the amount they would like to deposit and click ‘Approve’ to confirm the transfer. Funds are instantly deducted out of your iDebit e-wallet and debited into your player account.

More or less the same procedure is used for online transfers via the iDebit payment option. You still select iDebit from the list of eligible banking methods, just choose the banking institution where you hold an account instead of accessing the e-wallet option. From here on, you are redirected to your familiar online banking page where you need to log in, specify the details of the transaction, and complete it.

Either way, funds will reach your online casino player account and be instantly available for all your real-money gameplay entertainment.

How to Withdraw?

Processing withdrawals with this service is the same as deposits, only with the funds going in the opposite direction. You will need to be more careful choosing platforms that offer it as an option, however, since it may not be available at all partnering operators.

Nevertheless, once you find a suitable online casino, simply head over to the Banking page and request for a cashout to the e-wallet or directly to the linked bank account. Specify the amount and confirm the transfer, and you should have the funds available in the designated storage location.

Transfer Time, Fees and Security

Speaking of transactions processed across online gambling platforms, it is inevitable to mention transfer time. Luckily for players choosing this method, the deposits are instant, while you may experience some delay with withdrawal requests, depending on the casino’s policies. Either way, once you have the funds in your e-wallet, you will definitely be able to cash them out into your linked bank account within 5 business days. An added consideration in this regard is the 28-day balance policy, meaning iDebit account holders can’t have funds stored in their account for longer than 28 days, so make sure to plan your spending/cashouts accordingly.

As for fees, the e-wallet service allows all transactions to and from the dedicated account to be processed without a single charge. However, transfers from the online bank account cost a flat fee of 1.50 CAD/USD, while cashouts to it will cost you 2.00 CAD/USD.

Ultimately, security is handled impeccably, with no user info available or shared with third party platform operators. What is more, all data and funds transfers are encrypted with 128-bit certificates, so players can be sure to have a safe and convenient experience all in one.

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iDebit

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