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❓ What is InstaDebit?
Before learning about anything else, we need to know what InstaDebit is. InstaDebit is a payment platform which facilitates inter-bank transfers between two parties. It was founded in 2003 by International Solutions Ltd., which has its headquarters in Toronto, Canada. It is a relatively new payment method, but it has managed to gain popularity owing to its simple interface. InstaDebit is only available to Canadian users, and all they need to do to be able to use the platform is create an account. The setup procedure is simple and free, so many people try the platform out.
⚙️ How to Set Up an InstaDebit Account?
If you are a newbie, you might be naturally confused about how the process works. But this article is going to help you clear all your confusion.
In this section, we describe the whole process in detail to understand how it all works.
InstaDebit is a platform that facilitates payment to vendors directly via your bank account. You must choose InstaDebit on the cashier page and sign in to your InstaDebit account to authorise the deal. Keep in mind that you need to create an account to be able to use the transaction.
Just follow these steps to set up your account on InstaDebit:
- The first step is to go to the InstaDebit website and click on the Sign Up button.
- You will be redirected to a new page, where you will be asked to enter an email address and create a password.
- Next, furnish details like name, address, date of birth and the last 4 digits of your SIN. InstaDebit does not require your full SIN, only the last four digits, to verify your identity.
- Then you will be asked to enter your 5-digit bank transit number, your 3-digit financial institution number and your 12-digit bank account number. Keep in mind that InstaDebit works with financial institutions, so these details are required to link your bank account.
- After all these details have been filled up, click on the Create Account button. Your account will be created shortly.
💵 How to Deposit Money with InstaDebit?
If you are using InstaDebit, you need to know how to deposit money using the platform. We got you covered. Here, we take a look at the process of depositing money at an online casino using InstaDebit:
- There are numerous InstaDebit online casinos, and it isn’t easy to choose one among them. So do proper research to settle on a casino that caters to your needs.
- On the online casino of your choice, locate the banking section. It is usually written on the menu as Payments.
- In the Payments section, select the deposit option.
- The site will display the list of payment platforms supported by the site. Choose InstaDebit as the deposit option.
- The next step is to enter the desired amount. Decide what amount you want to deposit. Pay attention to the deposit limits of the site.
- Complete the process by furnishing any other information that the site might ask. Deposits are usually processed immediately, so the transaction should reflect in your player’s account soon.
💸 How to Withdraw Money with InstaDebit?
People usually indulge in gambling to earn some quick bucks. This means that if you are gambling, you need to know the withdrawal process to be able to withdraw your winnings. Since InstaDebit is a new payment platform, you might not know the withdrawal process. So here we describe the process in detail:
- Go to the Payments section of the online casino you play at.
- In that section, go to the Withdrawals section.
- You will be shown a list of the payment platforms that the site supports. Select InstaDebit as your preferred mode of payment.
- Enter the amount you would like to withdraw, and complete the process. Withdrawals usually take some time to go through. The amount will reflect in your account after the transaction has been processed.
➕ Advantages of InstaDebit Casino
If a payment platform is becoming so popular, there must be a reason. So, in this section, we take a look at the various advantages of InstaDebit, which are the reasons behind its enormous success.
- Simple and Quick Registration – To use any payment Platform, you need to create an account on the platform. With InstaDebit, the process is super simple. You need to fill in your banking details, and the process is done. The details are verified as soon as possible. You don’t have to wait for your account to be activated. You can start using your account as soon as you have set your account up.
- Top-Notch Security – When people are looking for payment methods, one of the most critical factors that they consider is security. After all, no one wants to risk their hard-earned money. InstaDebit offers top-notch security to its users. The platform uses 128-bit encryption to encode its transactions. Furthermore, each and every account is monitored 24/7, thus ensuring complete safety.
- Quick Transactions – Whenever people look for online payment platforms, they prioritise speed. One of the major reasons behind the popularity of online payment techniques is the kind of speed it offers to its customers. No one likes to wait for ages for their transaction to be processed. With InstaDebit, people get to conduct fast-paced transactions. It takes a maximum of 72 hours for any transaction to go through. 72 hours is the maximum limit; usually, transactions are processed way more quickly than that.
➖ Disadvantages of InstaDebit Casino
Nothing in this world is black and white. Everything comes in shades of grey. So, it is impossible that a payment platform will only have advantages. Presenting only the benefits of the platform will show a rosy image, but it will be a half-truth. We promised to provide you with the complete information on InstaDebit, so here it is. InstaDebit has certain disadvantages, too, so you should take them into account too before you decide to use the platform.
- Limited to Canada – InstaDebit is owned by International Solutions Ltd., which is a Canada-based company. That is not the disadvantageous part. The disadvantage is that InstaDebit is only meant to be used in Canada. So the limited area of use reduces the functionality of the platform. If you cannot use your payment platform worldwide, what is the use?
- Not Anonymous – As we have mentioned before, setting up an InstaDebit account requires your bank details to be supplied to the site. That is not all; you also need to provide the correct details so that they can be verified in the future. So if you are looking for a platform where people don’t know who is conducting a transaction, InstaDebit is not the correct option for you.
📱 Mobile Gambling with InstaDebit
Let us be honest. It is impossible to think of our lives without mobile phones nowadays. Everyone owns a mobile phone, and it plays a crucial role in most of our daily activities. From helping us find places to guiding us through a recipe, it is the mobile phone people turn to. So it is no wonder that even online casinos are being supported on mobile phones nowadays. Online casinos recognise that mobile casinos offer the most accessibility. People have the casino at the tip of their fingers and can access it whenever they want.
Even InstaDebit casinos are mobile-friendly. Developers recognise the importance of the availability of online casinos on portable devices like mobiles and tablets and are acting accordingly. Almost all InstaDebit casinos are supported on mobile phones. Some of the popular mobile-friendly InstaDebit casinos include:
- 888 Casino
- Leo Vegas Casino
- King Billy Casino
- Casino Planet
- Wheelz Casino
InstaDebit New Casinos
It is not only the old casinos that are offering the mobile option. Even new InstaDebit casinos are mobile-friendly. This provides punters with the opportunity to try new casinos and new games as well.
In this paragraph, you need to write that more and more new casinos provide this payment method. Thus, players can play all new games.
InstaDebit Live Casinos
The rapid development of technology has also facilitated the growth of InstaDebit Live Casinos. This means that you get the opportunity to play with live dealers. This means that there are live dealers who organise the table games. Punters all over the world can join the table while the dealer deals with the cards virtually. This lets the punters see the gameplay out in front of their eyes. This makes the game fairer and wins the trust of the players. Since these casinos are recent additions to the eGaming world, these InstaDebit casinos offer many bonuses to the players.
🎰 Types of Online InstaDebit Casino Games
When it comes to InstaDebit Casinos, there are numerous options for using the platform. You are not only limited to a specific game or platform. You can use InstaDebit to conduct transactions and access several options. When it comes to casino games, there is no shortage of options to choose from. InstaDebit transactions are valid across multiple casino games. In this section, we look at these different casino games where you can use the platform to conduct your transactions.
InstaDebit Blackjack
One of the most popular casino games which you can play using InstaDebit is Blackjack. It is a card game which is played among multiple punters. There is a dealer who deals two cards, and the goal is for the sum of the card values to be 21, or as close to it as possible. You can also ask the dealer for another card. But if the sum goes over 21, the punter loses the round.
InstaDebit Roulette
There are InstaDebit Roulette games available too. This means you can use your account to play Roulette too. Roulette is a table game which involves a spinning wheel divided into sections. Each section has a number. People have to wager their money on a number they think is likely to win. A ball is dropped on the wheel, and whichever number the ball stops on is the winner.
InstaDebit Slots
You can use InstaDebit to wager on InstaDebit slot games as well. Slot games are the most accessible casino games out there; anyone can play them. Slot games consist of a game with 3 to 5 reels with a bunch of symbols. Punters are required to spin these reels. The goal of the game is for similar symbols to line up next to each other on a payline. When that happens, the wager put in by the punter is multiplied.
💰 InstaDebit Casino Bonuses
Like all other online casinos, InstaDebit Casinos, too, offer a wide range of bonuses to its users. After all, bonuses are an excellent way to bring more users to the platform. Some of the bonuses available to the punters include:
Welcome Bonus
This is the most common form of casino bonus. Welcome bonuses are awarded to new users when they create an account on the site. As soon as the registration process is complete, the reward is credited to the account. It helps the new user to get started at the site.
Deposit Bonus
This bonus requires the punter to make a deposit. There is usually a minimum and maximum limit for these bonuses. As soon as the player makes the deposit, they get the bonus. Minimum deposit online casinos can offer different minimum and maximum limits.
Reload Bonus
This bonus is a means to reward the loyal customers of a site. This is awarded on deposits that punters make AFTER their first deposit.
High Roller Bonus
This bonus is for punters who spend a lot of money on gambling. To qualify for high roller bonuses, you need to spend more than a specific limit, which is set by the casino. But these bonuses are usually more rewarding than other bonuses.
🔒 InstaDebit Safety and Security
A payment platform is nothing if not safe and secure. Safety is the first thing that people look for in a payment platform. With InstaDebit, people can put their worries to rest. The platform uses a 128-bit encryption method to hide the transaction details. This online payment service encrypts and stores it on its servers.
When you make payments, merchants only receive your virtual account number, adding another layer of security. Your banking details are safe and inaccessible to everyone except you. For added security, check these factors:
- Licensing of the casino – It is essential to choose a casino that is licensed by a renowned regulatory body like The United Kingdom Gambling Commission or Malta Gaming Authority, among others. Only play at licensed casinos.
- Certification of the casino – Check whether your casino has certifications like eCOGRA, which prove that the transactions at the online casino are fair.
The security of the casino matters as much as the security of the payment platform.
💳 Alternatives to InstaDebit Payments in Casinos
As you would probably have realised by now, InstaDebit is a fantastic platform for conducting transactions. But sometimes, owing to technical errors, you might not be able to use the platform. In that case, you don’t have to keep waiting. There are several other alternatives to InstaDebit, which you can use to conduct your transactions. In this section, we take a look at the various options that are available in the stead of InstaDebit:
Credit and Debit Card
Credit cards and debit cards are popular payment methods all across the world. So you can use the method to conduct transactions when you need an alternative to InstaDebit. An added bonus to using debit/credit cards is that they are mostly accepted across all online casinos. When it comes to transaction limits, the limit varies from casino to casino. So check the limits before conducting the transaction.
Skrill
Skrill is another popular payment method that is popular among Canadian users. It is accepted across a large number of online casinos. Users can quickly replenish their accounts funds and withdraw money in any currency. It is also very easy to create an account, and making a deposit through it is very easy.
PayPal
PayPal is a popular e-wallet option all across the world. It has been around for 23 years, so it has built up the trust and reliability of the people. People can easily transfer funds from a funded PayPal account or directly from your bank account or linked credit card. It even offers a currency conversion feature, which facilitates international transactions as well.
🛇 Blacklisted Casinos
- Withdrawal problems
- Poor support
- Pirated copies of Novomatic games
- Huge wagering requirements
- No live chat and support
- Long payments
- Pirated copies
- No phone number
- Long wait
❗❓ FAQ
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Are Instadebit casino transactions safe?
Yes, InstaDebit casino transactions are entirely safe. It is a popular payment method and comes with its own security features. So you don’t need to worry about the safety of your transactions while using InstaDebit.
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Do all casinos in Canada accept Instadebit?
There are several payment methods available all across the world. That does not necessarily mean that all casinos accept all the methods. The same goes for InstaDebit. It is a popular payment method, yes, but you will have to check whether an online casino accepts the method or not.
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Can I withdraw money using InstaDebit?
Yes, you can withdraw money using InstaDebit. You need to go to your InstaDebit account and click on the “Withdraw funds” option. It is as easy as withdrawing money from any other platform, so you don’t need to be worried about the withdrawal process.
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Are there any commission fees?
If you are conducting InstaDebit transactions at an online casino, there are no commission fees or extra charges on your transaction. But when you transfer funds from your InstaDebit account to your bank account, there is a charge of C$ 2 that you need to bear. There is a charge of C$ 1.95 when you use InstaDebit to transfer funds from your bank account to a merchant.
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How long do Instadebit withdrawals take?
Usually, InstaDebit transactions take somewhere between 0-2 days to be processed. But if you are transferring funds from your InstaDebit account to your bank account, the processing time for the transaction increases. These transactions take 3-5 days to be completed.