Is iDebit safe?
iDebit is a supported payment method by most online casinos. Not all casinos offer iDebit as a deposit method
, so check if the casino you want to use has this as an option. iDebit is one of the safest payment methods out there; they use banking technology to keep your funds safe and your data private. Your banking credentials stay between you and the bank and won’t be shared or stored by any casinos. They also provide security features so that nobody will have access to your account.
Why use iDebit at online casinos?
- Safe and secure
Your personal financial data is never shared with the vendor and strictly stays between your bank and iDebit. iDebit is working with secure servers and verification process so you know your data is safe.
- Easy sign up
iDebit’s signing up process is straightforward and only takes a few minutes. You can sign up if you have a bank account and you don’t need a credit card.
- No hidden charges
iDebit charges a flat fee for transactions and transfer of funds between merchants is free. Transactions to and from your account and the online casinos is usually free but they charge transaction fees when you withdrawn directly from your bank account (C$1.50) and when you transfer money from your iDebit account to your bank account (C$2.00).
- Reliable customer support
iDebit offers friendly and helpful customer support and a detailed transaction history on your account so you can keep track of your funds.
- It’s Canadian friendly
It is a payment method which is accepted by a lot of Canadian casinos and it is widely recognised by banks as well. You are unlikely to run into any problems if you are banking with one of the following banks: Bank of Montreal, Canadian Imperial Bank of Commerce, Desjardins, National Bank, Royal Bank of Canada, Scotiabank, Simplii Financial (formerly PCF), TD Canada Trust.
It's easy to use credit cards or iDebit when depositing at online casinos
How to open an account with iDebit?
iDebit is extremely simple to use, and you can create an account for free.
If you have an online bank account that supports iDebit, you need to sign up, fill out your personal details and banking credentials, and you can start moving money from your bank account to your iDebit account straight away.
Making deposits with iDebit
Once you have an iDebit account and funds on it, you can easily make deposits at you online casino.
- Go to the "Banking" section and click on "Make Deposit"
- Enter your deposit money and Choose iDebit as your desired payment method
- You will be asked to login or check out as a guest
- You will then be asked to select your bank and you will need to login to your online bank account
- Approve the payment and it should be processed within moments
Withdrawing with iDebit
Withdrawing funds using iDebit is very similar to making a payment except that there is no guest check out option. Withdrawals also have slightly higher transaction fees than deposits.
- Find the "Banking" button on your online casino website and then click on the "Withdrawal" button
- Enter the amount you would like to withdrawal and select iDebit. Most casinos casinos have minimum withdrawal amount.
- You will then be asked to login to your iDebit account
- Login to your online bank account and confirm your details
- The withdrawal will be handled fast once you click on "Accept"
Processing time and fees
The main thing about using iDebit is 'instant' transfers. Deposit happens instantly, and withdrawal is dependent on your casino processing time, but usually, it takes less than an hour for money to be moved between your iDebit account and your casino.
The only real downside that players face with this payment method is that they will need to have an online bank account with a bank that supports iDebit or open a new bank account.
After you have withdrawn funds from your online casino account via iDebit, it is then the bank’s responsibility to process that money. It can take up to 5 days for them to process the transaction and for you to be able to access the money.
iDebit is a very popular payment method for good reasons. While cash deposits and credit card payments may take a number of days to process, iDebit ensures you enjoy your favourite games with real money in a few seconds. iDebit is perfect for players because of its state-of-the-art security, low charges and impressive customer support!
It is especially a good choice for Canadian players because it is well integrated with several Canadian banks, and it complies with all laws and regulations in Canada.