What is iDebit? The Payment Method Behind the Site

Why More Canadians Trust iDebit Payments for Online Casinos and So Much More.

iDebit PaymentsWe spend a lot of time talking about iDebit (formerly InstaDebit), and a lot of time finding gaming sites that are compatible with it, but just what is iDebit?

These days, iDebit is one of the most in-demand payment options for online consumers in Canada; especially online gamers. Fortunately, with rising demand comes an uptick in supply. Today, iDebit is among the most commonly found payment method at online casinos, sports books, poker rooms and the like.

iDebit works through an online banking system, but is not a bank in the traditional sense. It’s more like a firewall, acting as a security buffer between your bank account and the online merchant you’re funding. Consumers are able to send funds from their bank account, through iDebit, to a recipient. In this way, their most sensitive financial details – things like bank account numbers, and credit/debit card numbers – are never shared with an online merchant.

It’s no secret that the online gambling industry has a tumultuous past. Building trust with a new online casino isn’t the easiest thing to do. The majority of today’s finest gaming sites are located overseas, so it’s not like we can shake their hand, look them in the eye, and scrutinize their worth. These days, that trusted middleman – that security buffer – is all we need to achieve the peace of mind that our financial information is safe and sound.

iDebit works in conjunction with your online bank account, so you don’t actually have to set up an iDebit account, although it is an option. Because iDebit redirects the user to their online bank for payment confirmation, you can just as easily use the “check out as a guest” option. The key aspect here is that, as a guest user, iDebit is not privy to your bank account details, either. That sensitive information remains between you and your bank, and at no time is any of your personal or financial information shared.

iDebit Payments are the Perfect Alternative to Traditional Online Payments

There are virtually no restrictions with iDebit. Being so easy to use, it’s considered by many to be the perfect alternative to payment methods such as Paypal and Skrill – even to credit and debit cards. The only limitations placed on users of iDebit is that they have to be at least 18 years of age, reside in Canada, and they must have an online-accessible bank account with one of the many iDebit supported banks.

The way iDebit is set up makes the whole process incredibly simple. With all major financial institutions offering online and mobile banking services, virtually everyone in Canada qualifies. And while Canadian users are the only eligible users on the consumer end, iDebit works with banks and merchants from Great Britain, to Hong Kong, to Australia. In fact, iDebit offers services across most of Europe and much of Asia. So no matter who, where or what you’re doing business with, there’s a good chance iDebit will be an available payment option.

iDebit has become such an immensely popular payment option for Canadian iGamers. It’s largely because the company does most of its business here, but also because a great deal of Canadian online casinos accept this as a primary and secondary payment method.

There are even some casinos that offer you a little extra if you deposit using iDebit. Jackpot City, Platinum Play, Royal Vegas Casino – these are just a few of the sites that have been known to do this. Occasionally, they’ll deliver extra bonus credits to customers who deposit using iDebit.

A Measure of Inherent Trust

They say that you can judge a person by the company they keep. When it comes to payment providers, you can judge them by the companies they work with. In the case of iDebit, it is available on Pinnacle Sports, which is one of the largest gambling sites in the world; one of the few sites that is able to rival the mighty BetFair. As mentioned above, it is also available on Royal Vegas, Jackpot City and Platinum Play. These account for three of the most popular online casinos in the world; ones that thousands of Canadians flock to every month.

Basically, if a gambling site is operating in Canada, under the strict regulatory oversight of the world’s most respected licensing authorities (i.e. The UK, Malta, Isle of Man), then there is a good chance it will accept iDebit payments. If not, then that site is probably not worth your time, anyway. This is one of the easiest, fastest and most secure payment methods available for online gambling. So it it only makes sense that an online casino should allow transactions through it.

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