iDebit is a secure payment method. It’s widely used to process online banking transactions. Although it’s a Canadian initiative, people in the United States, the United Kingdom, Australia, and Sweden can also access and use it. iDebit allows users to set account currencies as either US dollars, Canadian dollars, Australian dollars, or Euros.
First-time users can use iDebit as guests. This is only valid for first transactions, whereafter registration is requested. Unlike other internet payment options like iDEAL (in the Netherlands) and GiroPay (in Germany and Austria), iDebit can be used for withdrawals as well.
Details About the iDebit Payment System
iDebit is the brainchild of InstaDebit International Solutions. It was first known as InstaDebit, but since then the name has changed to iDebit. It’s a somewhat recent newcomer on the online payment system scene.
This payment system links to a user’s online banking account. It enables people to make and receive payments without using debit or credit cards. Thus, it increases security when entering into dealings over the internet.
Fees and Commissions
The iDebit fees won’t cost you an arm and a leg. Opening and registering an iDebit account carries no charge. You’ll be charged $1.50 for deposits to your online casino account. Remember to always make sure that your chosen online casino accepts iDebit.
You can withdraw your winnings for free. In other words, iDebit doesn’t charge transaction fees or commissions for withdrawals. The transfer of money from your iDebit account to your bank costs $2. It’s vital that you check whether the online casino charges additional fees for deposits and withdrawals.
Deposit and Withdrawal Times
Deposits with iDebit are processed in real-time. In other words, you may have to wait a minute or two before funds are credited to your online casino account. Withdrawals to an iDebit account take approximately 5 business days.
Support Work Quality
iDebit is classified as a secure and easy online payment system. This payment method enables users to protect their personal and financial data. Third parties aren’t privy to any of this information with online transactions through iDebit.
iDebit offers online punters the opportunity to make deposits whenever it suits them. Transactions are processed in real-time, which means online gamblers have access to their money whenever they wish to make a deposit through iDebit. There’s no three to seven business days’ wait to process deposits. Thus, iDebit deposits are fast, effective, and secure.
Mobile Versions and Applications
As iDebit is linked to internet banking functions, it’s available across mobile devices using a mobile browser.