Payment Methods: Focus on iDebit

iDebit is a trusted form of online payment that is directly linked to your online bank account. iDebit essentially facilitates, speeds up and secures the transactions between your bank account and the retailer of your choice.  iDebit is known for being extremely quick, with payments being processed almost instantly. Another reason why the method is so popular is because of their very low transaction fees, they use a flat fee to avoid any confusion.

iDebit is available in over 20 different countries, most importantly in Canada, and is supported by the most popular if not all of the banks in each of those countries. The method is supported by thousands of vendors worldwide, including many top online casino sites. To use iDebit as a payment method, you will need to be over 18 and have a personal bank account. In this review we take a deeper look at iDebit as a payment method and provide step by step guides as to how to use it.

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How we rate iDebit.

iDebit is a popular and trusted form of payment that is widely used at online casinos. While not all online casinos offer iDebit as a payment method, many do so you will definitely be able to play your favourite casino games using iDebit to facilitate your transactions. iDebit gets an excellent rating from us overall!

Why use iDebit at online casinos?

One of the biggest advantages of iDebit is that it is a secure and trusted payment method. Your financial and personal details are never shared with the vendor and stay strictly between your bank and iDebit. iDebit are known for having state-of-the-art security features in place and for that reason they are  highly regarded.

iDebit is quick and easy to sign up for. It literally takes a few minutes! There are no complicated credit checks or pre-registration applications that need to be approved. Users also don’t need a credit card to qualify to use iDebit.

iDebit are very clear with their transaction fee structure. They use a low, flat fee for payments and payments between merchants are free! The small fee is most definitely worth paying for the almost instant transaction time. It makes online gambling just that much simpler!  Transactions to and from your iDebit account and the online casinos is usually free.  The transaction fees apply to when you perform an online purchase where the money will be taken directly from your bank account (C$1.50) and when you transfer money from your iDebit account to your bank account (C$2.00).

iDebit provides great services for their users, such as friendly and helpful customer support whenever you may need it.  When logging into your iDebit account, you can access a clear and detailed transaction list that helps you keep track of your funds.

iDebit Fee Structure
Transaction Type Amount
Create account / Sign up for account FREE
Make a payment from online banking 1.50 CAD
Make a payment from your iDebit balance FREE
Transfer funds from iDebit balance to bank account 2.00 CAD
Transfer funds from Merchant to iDebit balance FREE

Drawbacks

The only real negative aspect is that players will need to have an online bank account to qualify to use iDebit. Even this is not a major drawback as an online bank account can easily be opened with your bank. If you do not want to use, or do not have, a bank account then vouchers such as Paysafecard may be for you.

Making deposits with iDebit

Making deposits with iDebit is quick and simple. Firstly, make sure that you have an iDebit account as well as an online bank account. Each online casino is different but this is typically what you can expect when making a deposit using iDebit:

  1. When on your chosen, and iDebit supporting, casino site, look for the ‘Banking’ section and select ‘Make Deposit’
  2. Choose iDebit as your preferred payment method after entering your deposit amount
  3. You will be asked to login or check out as a guest
  4. You will then be asked to select your bank and you will need to login to your online bank account
  5. Approve the payment and it should be processed within moments

Withdrawing with iDebit

Withdrawing funds using iDebit is very similar to making a payment except you will need to create an iDebit account first as there is no guest check out option when it comes to withdrawals. Withdrawals also have slightly higher transaction fees than deposits. Below are the steps you can expect to take when making an iDebit withdrawal:

  1. Find the ‘Banking’ button on your online casino site and then select the ‘Withdrawal’ option
  2. Decide on what amount you would like to withdrawal, certain casinos do have minimum amounts, and then select iDebit as your preferred withdrawal method
  3. You will then be asked to login to your iDebit account
  4. The next step is to login to your online bank account and confirm your details
  5. The withdrawal should be processed quickly once you press ‘Accept’

 

Where can I get iDebit?

IDebit is an excellent choice when looking for a fast and easy payment method to facilitate your online gambling payments and withdrawals. Fortunately, it is incredibly simple to set up an iDebit account!

Users will firstly need to make sure they live in one of the supported countries and have an online bank account with one of the supported banks. Creating an online bank account is a fairly simple process and definitely worth doing if you are wanting an iDebit account.

List of Canadian Banks that support iDebit
bank of montreal Bank of Montreal
cibc logo Canadian Imperial Bank of Commerce
desjardins bank logo Desjardins
national bank logo National Bank
pc financial logo President's Choice Financial
royal bank logo Royal Bank of Canada
scotiabank logo Scotiabank
toronto dominion bank logo TD Canada Trust

An iDebit account can be setup by heading over to the iDebit website. Thereafter, you can proceed to press the ‘Sign Up’ button and follow the step by step instructions in order to create your account. It couldn’t be easier!

Bottom Line

iDebit is a very popular payment method for good reason! While credit card payments and cash deposits and take a few days to process, iDebit can have you playing your favourite games for real money in a couple of seconds! This modern and reliable payment method is absolutely recommended for online gamblers because of its impressive security, low fees and excellent support!