Online Casino Payment Methods : InstaDebit
When deciding how to fund your new online casino account, you may have come across InstaDebit as one of the online casino payment methods offered. Here we’ll explain everything you need to know about using InstaDebit to deposit funds to collect your first deposit bonus and start gambling online. Including the advantages and disadvantages of using InstaDebit against other casino payment methods.
What is InstaDebit?
InstaDebit is a fast and secure bank to a bank payment solution available to anyone with a Canadian bank account. It was introduced in 2004 and acts as an extra security level between players and casinos, facilitating both deposits and withdrawals.
InstaDebit’s services allow you to deposit cash directly from your bank account to make an online casino payment similar to sending a cheque. As the middle-man between your bank and your casino’s bank, using an InstaDebit casino means you never have to share your banking details or card numbers. You can streamline all of your online deposits and withdrawals in one place, but because it’s linked to your bank account there’s no need to fund your account before using the service. Depositing funds from your bank account can take a few days, but if you have funds in your InstaDebit account, the deposit is instant.
New InstaDebit Casinos
Check out these new Instadebit casinos for you to choose from. Before you visit their website, please read our casino reviews for more information on the games they have available and more!
Why use InstaDebit to deposit at online casino sites?
InstaDebit is a popular casino payment method among Canadian players because it means never having to disclose your personal banking details to online casinos, for payments or withdrawals. Many secure payment options like this also require you to set up and fund an eWallet first, but you can use InstaDebit immediately as it takes funds directly from your bank account.
InstaDebit bank transfers can take a few days, but your InstaDebit funds transfer in real-time, meaning your online casino payment is available for you to use almost instantly. This means you can play all your favourite games and collect your deposit bonus and free spins even sooner.
InstaDebit average withdrawal limit and payout time
Many of our top recommended casinos will process your payout in just one or two days, and the funds will appear in your InstaDebit account very shortly after that. However, if you wish to withdraw these funds to your bank account then you should expect to wait a further three to five days for the transaction to be completed.
Regarding the amounts you can withdraw using InstaDebit, you’ll most likely be limited by the casino you play at. The average withdrawal limits at our recommended UK online casinos are usually between £10 and £30 minimum and between £3,000 and £5,000 maximum, per week.
How do I pay at online casinos using InstaDebit?
Paying at your new online casino using InstaDebit is very simple as you can sign up to use InstaDebit on your first transaction and use it immediately. Firstly, navigate your way to the cashier or payments section of your chosen InstaDebit casino’s website. Then select InstaDebit as your preferred payment option and input the amount you wish to transfer.
Then you’ll be asked to log in to your InstaDebit account (or create one) where you’ll be required to enter your bank details and then submit your request. Once the bank and casino have processed the transfer, you can start playing.
Are there any fees attached to InstaDebit at online casino sites?
There are fees for using some of InstaDebit’s services, but the casino shouldn’t charge you for using it as a payment or withdrawal option. InstaDebit will charge $1.95 CAN for making a payment, but accepting payouts to your InstaDebit account is free.
Withdrawing money from your InstaDebit account to your bank account will also cost a further $2.00 CAN. You can transfer money in USD or CAN, so when you’re playing at UK casinos, you should also be aware that there may be further currency exchange fees.
Find New Slot Games
There are a few reasons why InstaDebit is an extremely secure way of making payments online.
Firstly, you don’t have to share any of your personal banking details with your online casino, which could potentially leave you susceptible to fraud or theft.
Secondly, InstaDebit employs one of the most comprehensive anti-fraud systems in the industry to protect your information while it’s being transferred online, with 128-bit encryption technology.
Thirdly, all transactions are tracked and recorded. InstaDebit is also regulated by Verisign, a leading security certification firm.
Mobile casinos using InstaDebit
Do you prefer accessing your favourite online casino games via your mobile? Here are some of the top InstaDebit casinos with fantastic, user-friendly mobile sites for gaming on the go.
Recap of the advantages and disadvantages of InstaDebit
- ✔ High level of security offered
- ✔ Fees for using the service are minimal against other methods
- ✔ Deposits from InstaDebit funds are instant
- ✔ Can also facilitate payouts
- ✔ Friendly customer care team
- ❌ InstaDebit is only available to players with Canadian bank accounts
- ❌ Can only deposit funds in USD and CAN
Welcome bonus available using InstaDebit
If you’re looking for the best new player welcome bonuses around, check out some of our favourites below, including free spins, deposit bonuses, and more.
What is InstaDebit?
InstaDebit is a banking payment method that acts as a bridge between your bank and your casino’s bank to facilitate secure online payments and withdrawals. You can manage all of your transactions online and fund your account in advance to enjoy instant payments.
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When was InstaDebit created?
Canadian bank account holders have been able to utilise InstaDebit’s online payment services since 2004.
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How to use InstaDebit to deposit?
Once you’ve set up, a new players account and found your way to the website’s payments section, using InstaDebit to make a payment is very simple. Select InstaDebit as your payment provider and enter the amount you want to deposit from your Canadian bank account. Then you simply need to log in to your Instadebit account (or create a new account instantly) and confirm the transaction.
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Is InstaDebit secure?
InstaDebit is considered a very secure way of transferring money online, making payments to and accepting payouts from casinos. They have some of the best high-tech encryption systems in the e-commerce market, and using their services also means that you don’t have to give anyone your bank or card details.
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Are there any fees when using InstaDebit?
The casino won’t charge you for using InstaDebit, but there are some small fees for using InstaDebit services set by InstaDebit themselves. These fees include $1.95 CAN for making a payment and $2.00 CAN for withdrawing funds from your InstaDebit account back to your bank account.
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What is the payout time using InstaDebit?
If you visit one of our recommended InstaDebit casinos listed here, then the average casino payout time is between one and three days. Your funds will appear in your InstaDebit account quickly, but withdrawing them to your bank account may take up to five business days.
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