About Instadebit

Instadebit is a payment service that allows users to transfer funds directly from their bank accounts. Yet, contrary to popular belief, it isn't an e-wallet. There's no pre-funding here, as Instadebit acts as a bridge between your bank and the casino you pick.

As such, it provides an extra layer of protection on top of already highly secure bank transfers. Furthermore, users don't have to share their banking information directly with Instadebit-friendly betting websites.

This enhanced security makes Instadebit a popular choice, alongside speed and ease of use. However, it is only available at Canadian online casinos, although players can use both CAD and USD.

Top Reasons to Choose Instadebit for Online Casino Payments

If you're in Canada and need a swift, secure, and simple way to fund your online casino account, Instadebit is a great choice. Here are just a few reasons why it's a popular option among Canadian gamblers:

• Beyond bank-grade security: Instadebit is a go-between service that sits between your bank account and sites that support it. As such, it adds its own encryption and fraud prevention measures to your bank's already robust security.
• Deposit speed of modern banking services: Quick deposits are key to a seamless gambling experience, and Instadebit more than delivers. Even if it's connected directly to banks, most of which have notoriously slow money transfers, Instadebit makes sure deposits land nearly instantly. However, withdrawals can take a while.
• Widespread availability in Canada: Although Instadebit isn't available outside its home country, it has long been a staple payment method at Canadian online casinos. More than a hundred platforms support it, giving players plenty of choice.
• 24/7 customer support: Whether you're dealing with a glitch or have inquiries about your account, Instadebit's customer support team is there to help. It's available via live chat and email and can quickly help or answer your questions at any time on any day of the week.

Depositing at Online Casinos With Instadebit

Gambling veterans will find Instadebit deposits to be a straightforward process. But for newer players, we've also prepared an exhaustive guide:

1. Set up an Instadebit account: Tap Log In / Sign Up on the official Instadebit site and register with an email address and a password. You should also verify your bank account to unlock higher spending limits.
2. Register at an Instadebit-friendly casino: Though Instadebit is available at more than a hundred Canadian online casinos, not all platforms support it. You'll need to find one that does and create an account there.
3. Choose Instadebit deposits: Visit the Cashier section, check out the available options, and select Instadebit. You can then specify the amount you'd like to put into your casino account.
4. Approve the transaction: Once you're redirected to Instadebit's login page, you'll have to enter your credentials and approve the deposit. From there, the funds should appear in your account within a minute.

Withdrawing Funds From Your Casino Account With Instadebit

If the casino supports Instadebit withdrawals, and most platforms with Instadebit deposits do, cashing out will be just as simple:

1. Pick Instadebit as your preferred option: Head to the Cashier area and choose Instadebit as your withdrawal method if it isn't automatically selected.
2. Specify the amount: Input how much you wish to withdraw and make sure the number adheres to the casino's minimum limit.
3. Request a withdrawal: Submit your request, and the casino will redirect you to Instadebit's login page. That's where you can approve the transaction, but you may need to verify your identity first.
4. Wait for request processing: Unlike deposits, Instadebit withdrawals are much slower and can take between 1 and 24 hours to process. Be patient, and you'll receive a confirmation message once the withdrawal has been processed.

Instadebit's Fees and Limits

One of the primary reasons Canadians love Instadebit is its low fees, which typically only apply to withdrawals. In most cases, you'll be charged C$2 every time you cash out, while depositing funds into your account won't incur any fees at all.

In terms of limits, many Canadian online casinos that support Instadebit cater to players with a wide range of budgets. Minimum deposits typically range from C$10 to C$20, and some platforms even start as low as C$5. On the other hand, maximum limits are generally not stated.

As for withdrawals, they usually start from C$25 and go all the way up to C$15,000. However, you should also keep in mind that Instadebit isn't an e-wallet. Thus, there's a limit to how long you can keep the funds in your Instadebit account once you withdraw them from the casino.

Pros and Cons of Using Instadebit at Online Casinos

Suppose you're having a hard time deciding whether Instadebit is the way to go. In that case, taking a look at our breakdown of its pros and cons can help you make up your mind:

Pros:

• Near-instant deposits
• Non-existent deposit and low withdrawal fees
• Favorable deposit and withdrawal limits
• Top-notch security that goes beyond bank-grade protection
• Excellent customer support with 24/7 availability

Cons:

• Canadian-only payment method
• Possibility to connect to only one bank account
• Relatively slow withdrawal speed

Instadebit vs Traditional and Modern Casino Payment Methods

Ultimately, Instadebit is an excellent choice for quickly and easily funding your online casino account. That is, if you're Canadian. The highly secure payment method is available at a hundred or so Canadian online casinos, making it less than ideal for players outside the country.

Alternative banking options, such as actual e-wallets like PayPal, Skrill, and Neteller, all trump Instadebit in terms of availability. They're used across the globe and provide similar deposit and withdrawal speeds, making them the better option in most cases.

The comparison against cryptocurrencies tells a similar story. Bitcoin, Litecoin, Ethereum, Ripple, and Tron are all available at thousands of online casinos, whereas Instadebit is only supported by Canadian platforms.