iDebit Online Casinos
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iDebit is an online payment system that allows players to make deposits at online casinos securely using funds in their bank accounts. Other online banking purchases from participating merchants are also supported.
While there are dozens of ways for online casino players to get their money into a casino and to retrieve their winnings, some methods like iDebit offer a lot of advantages and very few, if any disadvantages.
As long as you have an online bank account at one of their supported banks, and your chosen casino supports the method, iDebit can be the best possible solution.
Another, similar payment service is Interac E-Transfer in Canada. These two payment methods simply facilitate instant payments to online merchants and casinos without the need to "park" funds in an electronic wallet.
Once funded, an iDebit account can function much like an eWallet. However, its greatest value is in the low cost, ease of use, the fact that you can make instant payments from a bank account and be paid quickly when you choose to cash out.
In essence, customers are able to make payments to participating merchants directly from their online bank accounts without sharing any critical financial details. All banking credentials are shared only with your bank in order to log in and approve the transaction. The casino or another merchant will never see the transaction details, only a confirmed payment.
While mostly a Canadian institution, people in other countries also have access to the service. iDebit is currently supported in the following countries and banks https://www.idebitpayments.com/consumer/listGlobalBanksforCustomer.do
The following Canadian banks will process payments through iDebit:
- Bank of Montreal
- Canadian Imperial Bank of Commerce
- Desjardins
- National Bank
- Royal Bank of Canada
- Scotiabank
- Simplii Financial (President's Choice)
- TD Canada Trust
The service works for deposits and withdrawals at any casino listed on this page. SImply look for the payment method's logo on the footer of any webpage or inside the banking section.
How to Use iDebit
As long as you have an online banking system you can use iDebit. If you only bank the "old-fashioned way" you will need to contact your financial services provider and set up an online account to access your funds.
If you have funds available in your online account with one of the supported banks, you can use it to deposit right now without the need to register an account ahead of time.
First-time iDebit Deposit
Simply make your purchase or deposit by choosing iDebit and check out as a guest
Log in to your online bank account with your normal credentials and approve the transaction
Your deposit should be available immediately for play
iDebit Withdrawals
In order to make a casino withdrawal to your iDebit account, you will need to register your bank account to complete the withdrawal. [Login, choose "Register Bank Account" and enter the information found on your paper checks.
Choose the amount you want to withdraw and use iDebit as the method.
Log into iDebit and then your bank account and complete the transaction.
Note: Rules that came into effect in 2019 require players to flush funds from their iDebit accounts at least once every four weeks. By the 28th day, you must either redeposit the entire amount to the casino or other merchant or withdraw it all to your bank account.
Your iDebit funds will appear in your online bank account in 1-5 business days, usually the next day.
Customers can review their historic transaction history by logging into idebitpayments.com
iDebit Frequently Asked Questions [iDebit FAQ]
Are there any fees to use iDebit?
Most services like creating an account, making a payment from your balance, and accepting payments from merchants are free of charge for consumers. A nominal fee of 1.50CAD is charged for making a payment from online banking and a 2.00 CAD fee will be charged to transfer funds from your iDebit account to your bank account.
Can I cancel an iDebit payment?
Probably not. Your merchant's refund policy will determine if this is possible. For online casinos, the answer is almost always "No". If the merchant does issue a refund the money will be credited to your iDebit account rather than your bank account. You can then deposit somewhere else, redeposit, purchase from another online merchant, or withdraw the funds to your bank account.
What if there are charges I don't recognize on my account?
You should contact iDebit directly with any questions or concerns about security or fraud. The system is secure, but only to the degree that you protect passwords and user names.
Does iDebit provide other customer support services?
Yes. Live chat, telephone, and email support are available:
Online Chat Support can be reached HERE https://www.idebitpayments.com/faqs.html
Email: support - at- idebitpayments.com
Telephone: +1 855.443.3248
iDebit Conclusion
iDebit is a secure and simple way to fund your casino account. The fees are fixed and quite reasonable and only apply to two types of transactions - taking money out and putting money back into your regular bank account.
While the service can be used as an eWallet, all payments must be cleared within 28 days. If you leave money from a transaction in the iDebit account longer than four weeks they can simply deposit the full amount into your bank account. This shouldn't present a problem for most online gamblers, but it could put your iDebit account at risk of closure.
Online casinos all operate under certain rules that most players are not concerned with such as AML/KYC. The only time those issues arise for the vast majority of players is when they have to provide documents prior to cashing out. With proper and truthful registration at the casino, the operators will have no information related to your bank account and couldn't breach your security even if you chose the worst of the worst rather than one presented here. Players simply log into their known and trusted bank accounts to make or receive payments without ever sharing sensitive financial information.
These all make iDebit an excellent choice for any online banking purchases and especially for online casino transactions.
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