InstaDebit is a financial product that lets users transfer funds directly from their bank account to a supporting casino account. The service is available only in Canada. InstaDebit acts as an intermediary between bank account and casino, and enables secure fund transfers. It works just like an e-check, the only difference being that the fund gets transferred ‘real time’ in case of InstaDebit. There is no account setup or transaction fee associated with the use of InstaDebit. So, anyone in Canada can use InstaDebit for making quick, secure, and easy funds deposits to casino accounts.
How does InstaDebit work as a payment method for casinos?
InstaDebit works as an intermediary between your bank account and casino account. To use InstaDebit for making casino deposits, you would first have to register on their website. You will have to provide some personal and bank account related details. Every user has to provide name, address, date of birth, and first 4 digits of the social security number. They also need to enter bank account details such as bank name, account number etc. InstaDebit verifies all details using Canadian banking system. Once all details are authenticated, your account will be ready to use.
To make deposits to your casino account, you will have to select InstaDebit as your payment method on the cashier page. You will be prompted to enter your email address and password. All you have to do is enter login details and amount to be transferred, and the funds would get transferred to your casino account almost instantly. This way, InstaDebit allows you to fund your casino account without having to divulge any bank account details.
What are the benefits of using InstaDebit for funding casino accounts?
Secure: InstaDebit offers a secure way of transferring funds from you bank accounts to casino account. It saves you of the risks of frauds and identity theft.
Anonymous: When you use InstaDebit to fund your casino account, you are not required to share any bank account related details with casinos. So, you can make anonymous fund transfers.
It’s free: InstaDebit does not charge any registration or transaction fee from consumers.
Quick: InstaDebit ensures that you get instant credits in your casino account.
What are the drawbacks associated with using InstaDebit for funding casino accounts?
The biggest disadvantage of InstaDebit is that it is available only to the residents of Canada. People living in other countries cannot use InstaDebit.
InstaDebit offers a secure way of transferring funds directly from the bank account to casino account. The fund transfers are quick, easy, and anonymous. However, InstaDebit is available only to people having their bank accounts in Canadian banks.
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