Information about iDebit casinos
iDebit is a digital wallet that enables people to make payments to internet websites directly from their bank accounts. This removes the need for them to share sensitive banking details with online sites.
There are many casinos that support iDebit as a method of payment, including casinos that accept players from Canada. While iDebit casinos identify it as a trustworthy payment method, it's a good idea to inform yourself about this payment method before using it to make a casino deposit or withdrawal.
Read on to learn more about this instant payment method, the pros and cons of using it, how to use it to make a casino deposit, and how to find online casino bonuses at the best iDebit casinos.
iDebit: A popular Canadian payment method
Online payments revolutionized the banking industry when they first came into widespread use in the early 2000s. But their one big drawback was that users had to share their personal bank details with online sites, which meant they could easily become victims of fraud.
This problem improved, however, with the advent of digital wallets and payment vehicles that kept bank details private from third parties. iDebit is one of Canada's contributions to this industry.
The idea began when a group of companies started offering the service in 2003, but it wasn't until 2012 that they adopted the name iDebit. It stood apart from INSTADEBIT, which was a related service but didn't offer online banking like iDebit did.
With online payments increasing exponentially during the 21st century, iDebit has ridden the crest of the wave. Although only available to Canadian players, it now has millions of users and is a partner of many leading banks and e-commerce platforms across the country. It's open to any customer over 18 who has a bank account with one of the eligible banks.
Note: Despite its success, there is very little news about iDebit to be found online, although this isn't necessarily a bad thing. It probably just means that the company works quietly and efficiently to the general satisfaction of its customers.
In the next section, we take a closer look at this payment method and reveal the pros and cons that you should consider before making an iDebit casino deposit.
The pros and cons of iDebit
Like many payment methods that make use of SSL encryption technology, iDebit puts high security standards at the center of its service, which is a big advantage. Instead of sharing your card details with online stores, iDebit keeps data confidential as it transfers the money across to them. This means that you don't have to share your financial information with iDebit casinos when you deposit or withdraw.
The service has also received positive reviews for its speed. iDebit payments typically only take a couple of minutes, which is good if you're eager to get a transaction done quickly.
iDebit is also very cheap to use. You get the following for free:
- Setting up an iDebit account
- Making a payment from your iDebit funds
- Transferring funds from a merchant to your iDebit account – which means that iDebit casino withdrawals are also free.
However, be aware that some services incur a charge. At the time of writing (February 2022) the fees are:
- Making a payment directly from your bank account via iDebit, which costs 1.50 CAD/USD*.
- Transferring funds from your iDebit balance back to your bank account, which costs 2 CAD/USD*.
There is a small drawback: players who want to make large deposits at iDebit casinos may find it frustrating that they can't combine funds from more than one account when using iDebit as their payment method. You can only transfer funds from one of your bank accounts at a time.
Similar to the availability of Interac or InstaDebit, the service is only restricted to a relatively small number of supported Canadian banks, including the Bank of Montreal and the Royal Bank of Canada. If you're not a customer of one of the supporting banks then you won't be able to use the service. That said, customers can use the service outside of Canada, if necessary.
How to use iDebit in online casinos
iDebit's easy-to-use service extends to making online casino deposits, which is good news if you're eager to make a quick, safe transfer to top up your iDebit casino balance.
To get started, make sure that your chosen online casino account is fully set up and ready to go. You need to be logged into your iDebit casino account to deposit. You'll also need your online banking details at hand.
The first step is to go to the casino's cashier. Here you can choose iDebit from the list of payment methods. You'll then see an iDebit login screen – enter your details here to access your account. Select your bank from the list and enter your online banking login details.Finally, type the amount of money you'd like to deposit, double-check the details, then click confirm.
Finally, type the amount of money you'd like to deposit, double-check the details, then click confirm.
The process should take a couple of minutes at the most. Once you've confirmed the transaction, the iDebit casino receives instant confirmation of your payment and your casino balance will be topped up. If it takes much longer, then get in touch with either iDebit or the online casino to make sure everything went through OK.
You can also withdraw funds from iDebit casinos using this payment method. To do so, just follow the same process as above, but make sure you go to the withdrawal section of the casino. The process may take longer than a deposit. Even though iDebit payments are instant, online casinos have their own processing times for withdrawals. Most of the iDebit casinos reviewed have withdrawal processing times of up to 48 hours.
Note: Remember that you'll incur a fee of 2 CAD/USD if you transfer money from your iDebit account back to your bank account.
Finding the best iDebit casino for you
Staying safe online is essential. Payment methods like iDebit are committed to it, and it's important for iDebit casinos to have the same outlook.
You can find trustworthy iDebit casinos on this page. Casino Guru uses a casino rating and review system to give each site a special Safety Index. The ratings reflect objective factors, like the number of complaints a casino has received, rather than subjective criteria like the quality of its games.
You can see the rating in each casino's information box. To get the best online casinos, use the 'Recommended' tab. Start with the casinos at the top of the list to have the best chance of a great playing experience.
You can also use the filters to narrow down your search. The filters can help you find online casinos with specific payment methods, games, licences, currencies, withdrawal limits, and much more.
Here's a brief explanation of three of the most popular filters:
Newly opened iDebit casinos
Every casino has to prove its worth, but that takes time. You can catch great new iDebit casinos that haven't had the time to build a top reputation yet. Often these new online casino sites will have some nice bonus offers as they look to make a name for themselves. Many new online casinos offer no deposit bonuses to attract players.
Game provider
Find your favorite game developers with this filter. Featuring the likes of NetEnt and Red Tiger, this list has all of the casino game providers you can think of.
Bitcoin/Crypto
Right now, crypto-friendly casinos are getting more and more popular. Most crypto casinos also support other payment methods like Interac or InstaDebit. The Bitcoin/crypto filter will let you see those iDebit casinos that also accept Bitcoin and other cryptocurrencies.
Note: When you've found your preferred casino, then read through our review of it before registering. We recommend you to be as informed as possible before making a deposit.
iDebit casino bonuses
Online casino bonuses are a big part of the internet gambling world. You've probably been offered one if you've signed up to an internet casino before. Maybe this was a deposit bonus, or even a no deposit bonus that you get simply for sharing your details.
To find the iDebit sites that offer bonuses, go to our list of casino bonuses, and tick the iDebit box. The relevant iDebit bonuses will then appear, and you can whittle these down to your preferred type. To see deposit bonuses, for example, select the 'Deposit Bonus' box in the 'Bonus Type' section. You can also see these by visiting our list of deposit bonuses and selecting the 'iDebit' box there.
Bear in mind that all of these offers should be relevant to you as of the date of your search due to the Casino Guru team's hard work in refreshing the list.
