Instadebit is an online direct payment service that allows customers to make instant transfers from their bank accounts to online merchants and casino sites. Working with all banks and financial institutions across Canada, this method specifically caters to Canadian users and over the past few years, it has established itself as one of the most preferred deposit options for casino players in the country.
Instadebit Summary | |
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Available in | Canada |
Website | www.instadebit.com |
Connecting bank account to Instadebit | Free |
Withdrawal balance from Instadebit to your bank account | A fee applies |
Pay to online merchants | Free |
Available for deposit | Yes |
Available for withdrawal | Yes |
Usual deposit time in online casino | Instant |
Usual withdrawal time from online casino | Up to 5 business days |
Live chat | Yes |
Telephone support | 1-877-8833-248 |
E-mail support | support@instadebit.com |
Payments, just like dozens of other sectors, have seen phenomenal online growth in the past few years and this trend is driven largely by consumers’ need for convenience and speed. Online payments have become incredibly fast, secure, and reliable, and one of the services that are great examples of these developments is Instadebit. It is convenient, secure and widely accessible to Canadian customers who simply need to have an active online banking account in order to use it for shopping, paying bills or gambling online.
As an increasing number of online casinos are accepting Instadebit as a payment method on their platforms, it is now a wonderful banking solution for all fans of casino gambling in Canada. It facilitates casino deposits in real time directly from the user’s online banking account and guarantees that the transfer would not be canceled even by a banking institution with strict anti-gambling policies in place.
Instadebit is not an e-wallet, however, as many customers believe. Instead, this is an instant bank transfer service that is a separate entity from the banks it works with. It processes payments only in two currencies, namely United States and Canadian dollars, USD and CAD. Before casino players decide to sign up an account with Instadebit, however, they need to understand how this service works and what advantages or disadvantages come with it.
Instadebit Registration Process
Since Instadebit does not store financial funds but acts as an intermediary between the player’s personal bank account and the relevant merchant or online casino, lengthy and sometimes tedious verification procedures are not required when registering user accounts. It is safe to say that registration is a piece of cake and involves just a few quick and easy steps.
Here is what you need to do before being able to use Instadebit for depositing and withdrawing money from a certain online casino:
- Load the company’s website in the browser of your device
- Find the Log In / Sign Up button in the upper right corner of your screen, click on it, and then click again on Sign Up
- A new window opens where you have to fill in some personal information needed for verification purposes
- Click Next and proceed to the following step. Give the service provider detailed information about your address and also fill in the last 4 digits of your S.I.N. and your date of birth
- Once you are ready with the above step, click on Next and it is time to provide Instadebit with your bank account data
Finalising Bank Instadebit Registration
As you see, setting up an Instadebit account is very easy and takes no more than a few minutes. However, before you start using it for gambling-related transactions, the service provider needs to verify the bank account you will operate by. The Instadebit account is functional even before the verification is complete but with a low spending limit.
When you sign up for Instadebit, no matter through the website or during a transaction, a small amount of up to $2 will be deposited to your bank account within 5 business days. After the money show up in your balance, log in to your Instadebit profile and click on the Verify Bank Account link.
Using Instadebit for Gambling Transactions
Casino players would find Instadebit quite straightforward and easy to use as the service functions on the basis of online banking. But how exactly does it work? Similarly to other instant bank transfer services, it acts as an intermediary between the customer’s online banking account and the online merchant. Instadebit is not a digital wallet, so funds cannot be directly deposited and stored in the Instadebit account.
Users can complete gambling-related transactions by registering an account on the official website of the service and linking it with their online banking account. In order to have an active, functional Instadebit account, customers need to be Canadian residents and have a savings or checking account with a Canadian bank institution. To sign up, they need to provide basic personal information (name, address, and email address), their date of birth, and the last four digits of their Social Insurance Number (SIN). Of course, the bank account details should also be provided, including the bank transit number, the financial institution number, and the account number.
Once the account has been set up, Instadebit will send a small amount of money (up to $2) into your bank account. This transfer is conducted within 3 to 5 business days and is used for account verification – when you see the exact amount of the transfer, you need to log into your Instadebit account and open the Account Verification section, where the exact amount should be entered. Once this process is complete, you will have a higher spending limit and will be able to use your Instadebit account for deposits and withdrawals at online casinos.
In order to use Instadebit for gambling transactions, you need to make sure that the casino site accepts this payment method. Then, you need to head to the Cashier section of the gaming platform and pick Instadebit from the list of deposit options. After logging in to your account, you will need to specify the amount you wish to deposit and confirm the transaction. The deposit will appear into your casino balance immediately because the transfer of funds is done in real time. There should be no delay and you will be able to use the funds in the casino right away.
Withdrawals via Instadebit are just as simple and require only a verified account with the service. However, you cannot transfer your winnings directly to your bank account. After choosing the service as your preferred withdrawal method at the casino site, you simply sign in to your Instadebit account and confirm the transfer. The service then takes your winnings from your gaming balance and transfers them to your Instadebit Balance Account. This does not happen immediately, however, and you may need to wait for a few days for your withdrawal to reach you.
The funds stored in the Balance Account can be used for making more deposits into casinos, for online shopping, or you can move them to your bank account.
Instadebit Gambling Transactions | |
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Supported transactions | Deposits and withdrawals |
Deposit pending time | Instant |
Withdrawal pending time | Depends on the casino |
Additional security | 128-bit encryption technology |
How to use Instadebit
Advantages and Disadvantages
Like any other payment service, Instadebit has its strengths and weaknesses and while it might be the perfect solution for some customers, it may also be quite inconvenient for others. When it comes to using it for gambling online, its most obvious strong point is that it handles both deposits and withdrawals. In contrast, many traditional and alternative payment methods do not process withdrawals – some credit and debit cards, prepaid cards, and often, bank transfers.
While Instadebit uses the online bank accounts of its customers, the bank itself does not gain access to the information about the merchant or the online casino. This is a crucial step for one main reason – many banks and other financial institutions do not permit gambling-related transactions. Often, casino deposits and withdrawals are canceled by the bank. This, however, does not happen when casino patrons use Instadebit to move funds from their bank account to their gaming balance. The payments are, therefore, reliable and completed without any delay.
Another great advantage of using Instadebit in online casinos is that it processes transactions in real time and you can use your funds immediately. This, however, applies only for deposits via this service and as always, withdrawals might take a bit longer to be processed for security reasons. In fact, compared to most of the other banking methods offered by online casinos, Instadebit manages to move your casino winnings to your bank account much faster.
The security of this service is also an important advantage over the typical bank transfers or credit and debit cards. Although the payments via Instadebit are not insured and fully protected from fraud, for instance, they are highly secure because the service uses the same payment systems used by all major financial institutions. Online banking even comes with extra security in most cases and along with the standard digital encryption, the transactions are further protected by multi-factor authentication, one-time passwords, etc.
Moreover, when using Instadebit, customers do not share their banking details with the casino. Any sensitive information is kept securely and privately by Instadebit. Last, but not least, this service is incredibly easy to use and accessible, which brings us to its main and probably only disadvantage – it is available only to Canadian citizens who have bank accounts with Canadian financial institutions. Casino players based in other countries would need to find another way to deposit and withdraw their gambling winnings.
Some players would argue that the requirement to have an account with Instadebit is, no doubt, a shortcoming as they need to share their banking data with the service and go through a registration process. In fact, registering an account takes no more than a few minutes and the verification of the account is just as simple. In addition, Instadebit has access to only some of your personal information – it does not store your entire SIN number and has no access to your passwords and other authentication tools provided by your bank.
Instadebit Pros | Instadebit Cons |
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Deposits are carried out instantly | Withdrawals take longer compared to other payment methods |
The fees are quite reasonable | Instadebit supports only USD and CAD |
The customer support department is available 24/7 | This payment method is geared only toward the Canadian market |
The bank does not have information about the merchant or the casino you are sending money to | Only one bank account can be linked to an Instadebit account |
Fees for Gambling Transactions
Creating an Instadebit account is free and the fees associated with using the user account are quite low compared to credit and debit cards or bank wires. Every casino deposit from your bank account via Instadebit costs CA$1.95 but it would be completely free of charge if you make the deposit from your Instadebit Balance Account.
Usually, cashing out your casino winnings come with quite high fees but this is not the case with this method. Payments from merchants, online casinos or otherwise, are free of charge and customers can easily move their funds from the casino to their Instadebit Balance Account for free. However, withdrawals from the Balance Account to the bank account are charged a CA$2 fee – still, quite a low fee for such a transaction.
Players should keep in mind that banks might impose some fees on these transactions. Sometimes, casinos charge withdrawals from user accounts but in most cases, deposits are completely free. Of course, any of these additional fees would depend on the particular bank and online casino, so players need to check their rates even before starting to play casino games for real money.
Instadebit allows casino players to make payments in both USD and CAD, but if the casino operates in some other currency such as EUR, AUD, or GBP, there would be a currency conversion fee, based on the daily exchange rate. In addition, there would be specific limits to the amount of money you can deposit or withdraw, depending on the casino.
Instadebit Fees | |
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Gambling deposit fee | Free |
Gambling withdrawal fee | Free |
Bank account deposit fee | $2 |
Bank account withdrawal fee | $2 |
Credit/debit card deposit fee | N/A |
Credit/debit card withdrawal fee | N/A |
Maintenance fee | Free |
Processing Times for Gaming Transactions
When choosing a payment method for online casino gaming, players always pay extra attention to the processing times offered by each payment service or processor. Typically, you would want a banking method that processes the payments instantly, especially when it comes to the deposits. With Instadebit, depositing into your casino balance takes just a minute or two, which means you can start playing right away. Even if you are using the service for the first time and need to register an account first, you will be able to use your funds for gambling within 15 minutes.
Withdrawals, on the other hand, usually take longer to reach your bank account. First of all, online casinos tend to review customers’ withdrawal requests for a period of between 12 and 72 hours. During this time, which is 24-48 hours on average, the withdrawal is in pending status and the player can choose to reverse it. In addition, the casino’s financial department would probably carry out some identity verification procedures in order to make sure it sends the money to the right person.
After the withdrawal has been approved by the casino, it goes to Instadebit, which process it in a really quick manner. Usually, this takes only a few hours, but sometimes, the process may take up to 2 business days. Still, you need to remember that the funds would be moved to your Instadebit Balance Account. In order to transfer them to your bank account, you need to wait for another 3 to 5 business days for the funds to clear through the banking system.
Instadebit Processing times | |
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Gambling deposit time | Instant |
Gambling withdrawal time | Up to 5 working days |
Bank account deposit time | Instant |
Bank account withdrawal time | Up to 5 business days |
Credit/debit card deposit time | N/A |
Credit/debit card withdrawal time | N/A |
Mobile Payments
Mobile gambling is becoming increasingly popular, especially among younger casino players who look for convenient ways to enjoy their favorite slots or table games on the go. This is why most casinos create their own casino apps and allow their customers to make payments easily from their phones and tablets. For this, players need to find a payment method that supports mobile use, as well.
To meet this high demand for mobile payments, Instadebit has optimized its system for transactions carried out from mobile devices. There is no native app for the service and instead, it operates directly in the web browser of your phone or tablet. In order to make a casino deposit from your phone, you simply need to open the mobile casino and go to its Cashier section where you will need to pick Instadebit and proceed with the payment in the same manner as if you were on your computer.
Indeed, the process is the same and both deposits and withdrawals from your casino balance should be seamless. There is one thing you need to consider, however, and this is whether you can access your online banking account from a mobile device. Most banks have mobile-friendly payment pages, as well, so this should not be a problem, at least in the majority of cases.
Instadebit Mobile Payments | |
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Apple pay | No |
Google pay | No |
Security at Online Casinos
With online payments on the rise these past few years, cybercrime rates are also increasing. But this is no cause for alarm, as these trends have prompted financial institutions and payment services to enhance their security and introduce newer and improved measures to battle data breaches, fraud, and unauthorized access to customers’ sensitive information. Currently, Instadebit claims of having one of the best and most comprehensive anti-fraud systems and it promises high levels of security and privacy.
The Canadian service does not share any personal or banking data with merchants or other third parties. It is also in partnership with security certification firms VeriSign and TRUSTe who monitor the transactions, as well as the company’s measures to ensure the privacy of its customers. But this is not sufficient to protect users’ finances and this is why Instadebit uses 128-bit encryption technology for every sign-in and transaction procedure.
Of course, casino players probably know already that the multi-step registration process at Instadebit aims at enhancing the security over the Internet. The company requires of its customers to provide their name and date of birth, as well as a part of their Social Insurance Number (SIN) during sign-up. In addition, a simple, yet very efficient verification process proves that the bank account you are registering is, indeed, your own. Paired with the online security and anti-fraud measures already taken by the banks, Instadebit guarantees truly secure, private and reliable payments at online casinos.
Instadebit Security | |
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Passcode | No |
Fingerprint | No |
FaceID | No |
Two-factor authentication | Yes |
Trusted devices | No |
IP Restrictions | No |
Instadebit Alternatives
As with any other aspect of our daily lives, it is always a good idea to have a backup variant if your online casino of choice does not support Instadebit as a method for executing deposits and withdrawals. Canadian casino players have both local and global solutions at their disposal and here are five of the most advantageous options nowadays.
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Interac
Interac is a particularly popular transaction method that enables secure and fast online deposits and withdrawals. The brand has over 59,000 ATMs across Canada and is widely accepted among Canadian web-based casinos. This is considered a major advantage since you will not have a hard time finding a platform that supports it. Players usually choose Interac because of the low related fees and the fact that it is extremely easy to use.
Although this payment service comes in several slightly differing variants, two are the ones most commonly used by Canadian gambling enthusiasts – Interac e-Transfer and Interac Online. Through the first, a bank transfer is made from your associated financial institution, and the transaction itself is carried out using email. Interac is pretty much the same, only simpler. You directly access your bank account and confirm the relevant transaction without, however, having to disclose any specific information about your bank account to the casino. Deposits take no more than a few minutes while withdrawal times depend on the operator’s payment policy.
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iDebit
Another payment solution liked by both rookies and experienced casino players is iDebit. While Instadebit and Interac are considered the most widely used Canadian transaction methods, iDebit is characterized by an abundance of interesting features that attract the attention of an increasing number of casino enthusiasts. Thus, the market share of this service in the local financial sector is not rapidly but steadily growing.
Fortunately, most online casinos that have included iDebit in the list of supported payment solutions accept not only deposits but withdrawals too. This way, users can benefit from convenience and cost-effectiveness since there is no need to choose an alternative and eventually pay additional transaction fees. Speaking of convenience, we cannot miss mentioning the fact that on-the-go gaming is possible via the fully functional mobile version of the brand’s main website. It automatically adapts to the size of your screen and loads with great speed regardless of the browser used.
The flexibility of iDebit lies in the fact that casino players have the choice to use it with or without setting up an account with the service provider. The second option requires entering bank credentials and paying a transaction fee each time you initiate a deposit to your casino account balance. Neither of these has to be performed by the holders of iDebit profiles.
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ecoPayz
Compared to the other two options, ecoPayz offers a completely different type of service. This payment method is somewhat similar to Skrill for example, in the sense that it is a digital wallet for online payments. In order to make deposits and withdrawals through ecoPayz, it is mandatory that you have previously registered the relevant account. Through it, you can load funds into the e-wallet (virtual card) and then transfer them to your casino balance.
Being operated by the Financial Service Authority (FSA) of the United Kingdom, ecoPayz is an internationally used alternative to conventional bank cards which, however, retains their advantages while omitting most of their drawbacks. Unlike Instadebit, this solution can be used in multiple territories which means that its spread throughout online casinos is far wider.
This payment method allows for secure account funding with users being able to take advantage of high-level data protection. Among the other positives of ecoPayz, we find the short time needed for deposit and withdrawal processing as well as the easy free-of-charge registration procedure. Keep in mind, however, that this service is related to quite a few maintenance and handling fees.
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PayPal
PayPal ranks among the most popular e-wallets used by online casino enthusiasts. No sensitive information has to be revealed when topping up your account balance or withdrawing funds from the gambling platform. Your financial credentials are stored by the payment service provider and the casino only sees your email address. Since the wallet has millions of active users in nearly every corner of the modern world, all major gambling brands have placed it in their lists of supported payment solutions. PayPal can be funded with 25 currencies including USD, CAD, GBP, EUR, CHF, JPY, and others.
There are two ways to deposit money in your casino account – by sending the funds directly from your PayPal balance or via the bank account or card that you have linked to it. Once you confirm the amount, money will instantaneously show up in your gambling account, usually without extra transaction fees. As far as withdrawals are concerned, you may have to wait up to 2 business days before having access to your winnings due to verification procedures conducted by the casino.
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Direct Bank Transfers
The technological developments in recent years have led to the introduction of quite a few innovative payment solutions such as cryptocurrencies, digital wallets, and virtual banking services. However, traditions are not so easily eradicated and the oldest method of transactions, namely bank transfers, still enjoys considerable interest from online casino players. If security is your top priority when executing gambling-related deposits and withdrawals, this is the solution that gives the least cause for concern, in case you have set up an account with a licensed online casino of course.
Depending on the platform’s financial policy, bank transfer deposits take between 24 and 72 hours to reach your account. Make sure you have fully verified your profile and provided the casino with all required documents in order to avoid additional transaction delays. Except for the complete lack of anonymity related to this payment solution, the only other significant drawback are the long waiting times when it comes to withdrawals – up to 5 or even 7 business days. On the other hand, bank transfers usually feature the highest upper limits with some casinos allowing single transactions of $50,000 or even more.
Casino Games with Instadebit
Casino players using Instadebit for funding their online gaming activity are in no way limited when it comes to the titles they can play. Online casinos operating in the Canadian market are bursting at the seams with hundreds of exciting slots and table games while live casino categories are an almost inevitable part of their portfolios. So, if you are a gaming enthusiast holding an Instadebit account, the issue will be to choose a game of your taste, not to find one.
Slots with Instadebit
Spinning the reels online is the favorite pastime of lots of Canadians and fortunately, their country has welcomed some of the best slot websites in the world. Local punters have a wide choice of legitimate online casinos that offer high-quality games with tempting bonus features, exciting playability, and last but not least, high RTPs. On-the-go gaming is enabled either through downloadable mobile applications or in-browser casino apps with no shortages regarding the slot titles you can play. If you need some inspiration, here is our proposal for amusing online slots.
Book of Dead
We decided to begin with a classic title developed by Play’n Go. Book of Dead is one of the online slots most widely played by Instadebit casino enthusiasts who are put in the shoes of Rich Wilde searching for a legendary treasure in an Egyptian pyramid. Released a few years ago, this video slot comes with a vast range of bet sizes, a lucrative jackpot, and a solid RTP. The online slot features a 5×3 layout with mummies, gold treasure, Rich Wilde, and the Book of Dead itself being the special symbols.
Immortal Romance
Immortal Romance sends us in a completely different direction, namely the one connected with sci-fi and the cult of vampires. As usual, Microgaming does not disappoint Canadian casino players and attracts them with superb graphics, stunning animations, and features capable of spicing up their time with the slot. One of the functionalities you can use is called Paytable Achievements where the symbol combinations you have won are highlighted so that you can track your win status.
Sakura Fortune
An online slot with a beautiful and soothing layout, Sakura Fortune has its fans although thematically it differs from today’s mainstream of bright colors, loud music, and high-tech overall impression. This Japanese-inspired casino game has 40 win lines and comes with a 96.58% RTP. A sword-wielding princess plays the role of a wild symbol which triggers the respin feature in case of two full stacks on the reels.
Live Dealer Games with Instadebit
When the first online gambling websites were emerging in the late 90s, the main argument of their opponents was that the undisputed convenience of the innovation could not replace the thrill of playing in a brick-and-mortar casino. To be honest, we tended to agree with them. Fortunately, technologies advanced rapidly and today live dealer sections are a must-have for those brands that have to be industry leaders.
Given that the Canadian gambling market is considered an attractive destination by most reputable online casinos, players with Instadebit accounts can enjoy high-quality roulette, blackjack, baccarat, and poker streamings.
Quantum Roulette Live Dealer
This exciting proposal by Playtech has taken the European as a baseline while randomly appearing multipliers give a distinctive character to the game. Straight-up bets can bring you a life-changing amount if your chosen number is the lucky one and is assigned one of the 50x, 100x, 150x, 200x, 250x, 300x, 400x, and 500x multipliers. The Bet creator functionality lets players build custom bets and save templates for subsequent use. With no restrictions on the device, this is a live roulette you can play regardless of time and location.
Soiree Live Blackjack
Another live casino game that is worth your time and attention is Soiree Live Blackjack launched with those players in mind who are in search of VIP online gaming experience. The distinctive features of this blackjack variation are professional dealers always dressed in black and a table with 8 decks and 7 seating positions. You can join the table as a Watcher, Bet Behind player, or enter the waiting list. Among the unique elements of Soiree Blackjack is the opportunity to ask for a shoe change or reshuffle.
Deal or No Deal The Big Draw
Table games are not the only entrants in online live casino sections. Some gambling aficionados search for options to diversify the time spent with a particular platform and live game shows seem to be the perfect solution. Playtech has adapted the famous TV program and combined it with some bing elements, thus creating a casino game that gives everyone a chance to win lucrative prizes. Players should either accept the Banker’s cash offer for a closed briefcase with an unknown amount in it or take the prize hidden in the briefcase.
Blackjack with Instadebit
There are two approaches today’s online casinos use when it comes to their gaming libraries – to exclusively work with one software provider or to cooperate with as many developers as possible with the aim to offer an abundance of titles. Greater variety is always considered an advantage regardless of the genre.
Classic card games such as blackjack have their loyal fans and that is why the best gambling platforms provide their registered users with a decent number of titles in this category. Although not as numerous as online slots, new games are constantly being added to the casinos’ portfolios.
Premium Blackjack
As a dominating software developer in the field of table games, it is no wonder that Playtech is the provider of one of today’s most popular blackjack variations – Premium Blackjack. This classy and luxurious offer gives players everything they can expect from the classic game of 21 flavored with exciting side bets and other tempting perks. Four 52-card decks are shuffled together with 5 hands allowed to be in play at the same time. No surrendering is allowed but casino players can buy an “insurance” and be paid 2:1.
Free Chip Blackjack
Free Chip Blackjack is a gripping online table game with gainful rewards and bonus features that will increase your adrenaline level. Free splits and doubles can lead to a generous payout and the same applies to the three side bets possible – free fortune, perfect pairs, and burst bonanza. This blackjack variation is played on a table with three seating positions but only one player at a time. Stakes must be within the range of 0.10 and 100.
Blackjack Switch
Blackjack Switch is an enticing variation of the beloved table game where players receive two hands of two cards as soon as they join the table and place their bets. The next step is to decide whether to switch two of the cards and thus create better starting hands with improved odds of getting a blackjack. A reason for the considerable popularity of Blackjack Switch is the fact that it is characterized by one of the lowest house edges of the currently available blackjack variants.
Roulette with Instadebit
It is hard to say if online gambling enthusiasts give priority to roulette or blackjack and actually there is no need to bother with such a question since these table games are different in nature and both have avid fans who like playing their standard and customized versions.
Casino players using Instadebit for funding their accounts do not have to spend much time searching for online roulette games since most Canada-based gambling platforms have included this gaming genre in their portfolios. We have selected three of the most appealing titles in this category. You are welcome to take a look.
Roulette Deluxe
Designed and released by Playtech, Roulette Deluxe features the standard 37 numbered slots and one “zero”. Its clear and simplified layout together with a whole bunch of extra features make the game a tempting option for online roulette lovers. We do like customizable table games and Roulette Deluxe is exactly such a title thanks to the autoplay and turbo speed functions. The game is suitable for cautious and risk-hungry players alike as chip values go all the way between $0.01 and $100.
Astro Roulette
If you are one of those avid roulette lovers who do not want to betray their favorite casino game but would still like to diversify their gambling experience, then Astro Roulette looks like the perfect solution. This fancy variation is developed by 1X2 Gaming and features a 13-pocket wheel – 12 pockets for each zodiac sign and 1 smaller ‘infinity’ pocket which is the equivalent of the usual “zero”. A whole slew of unique side bets originate from the astro signs as they have been grouped according to the respective season, whether they are considered fire, earth, air, or water signs, etc.
Roulette Royale
Roulette Royale by Microgaming is highly valued by the more conservative casino enthusiasts who prefer playing online roulette in its classic shape. What makes this game attractive and actually one of the most sought-after products of this software developer is the progressive jackpot it comes with. Except for the progressive and some smaller jackpots, Roulette Royale pleases its users with Normal and Expert modes as well as different spinning wheels and other tempting features.