Page updated on 04.06.2019

iDebit Casinos and Guide for Deposits and Withdrawals

iDebit The online payment solution iDebit is a product of the fintech company Instadebit International Solutions Ltd, who also offer the payment solution Instadebit. It is an instant banking payment solution allowing you to make direct payments from your bank account to merchants, without having to wait for the bank transfer to be processed by the bank. The intermediary iDebit will pay the merchant and debit the amount from your bank account, provided that the funds are available, and only after you've confirmed the payment with your bank security process. iDebit is only available to players who have a bank account in Canada, and it is also possible to make quick withdrawals from the casino back to your bank account. Supported banks are Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank, Desjardins, Scotiabank, Royal Bank of Canada, TD Canada Trust and Simplii Financial. The payment solution supports both US Dollars and Canadian Dollars.

Advantages

  • instant payment, directly from your bank account
  • no need to enter credit card details
  • no fees when paying from available balance
  • receiving money is also possible
  • paying without registration possible
  • USD and CAD supported

Disadvantages

  • only available to users in Canada
  • some fees apply

All iDebit Casinos:

Our overview table shows you some of the best casinos that accept iDebit for deposits and withdrawals. All these casinos are licensed and regularly audited by the licensing bodies. You can find detailed reviews for each casino, giving you more information about the bonuses for Canadian players, the bonus terms, the games that you can play there and everything else that might be of importance.

Name Highlights Rating Links
Genesis Casino + interesting softwares
+ reliable payments
+ over 1,300 games
Visit
Review
Casino Joy + established operator
+ speedy payments
+ over 1,300 games
Visit
Review
Vegas Hero + interesting bonuses
+ fast payments
+ over 1,300 games
Visit
Review
Casino Cruise + many promotions
+ fast payments
+ over 1,300 games
Visit
Review
Sloty + great bonuses
+ fast payments
+ over 1,300 games
Visit
Review
Casumo + fast payouts
+ interesting bonuses
+ over 900 games
Visit
Review
Spinit + great promotions
+ fast payments
+ over 1,300 games
Visit
Review
888 + many promotions
+ mobile casino
+ around 170 games
Visit
Review
William Hill Casino Club + low wagering
+ 24/7 support
+ over 300 games
Visit
Review
Eurogrand + Playtech games
+ 24/7 support
+ over 350 games
Visit
Review

How does iDebit work?

Idebit is an instant banking transfer method that you can use to transfer funds directly from your bank account to the merchant. Acting as an intermediary, iDebit will charge your account through a direct debit, and at the same time pay the merchant immediately. This eliminates the processing time of a regular bank transfer. You can also register an account with iDebit and if you have funds in that account, you can use them to make payments to merchants.

To speed things up, and also make it possible to receive payments, you can register a free account at the website, and when you make or request a payment, you can use your login credentials to quickly initiate the payment. The money will then be transferred to your iDebit account, and you can choose to withdraw it from there back to your bank account, or you can spend it elsewhere.

Casino deposit with iDebit

Making a deposit at the casino using iDebit is very simple. Select iDebit as the payment method, and if you already have an account with them, you can login using your e-mail address and password. If you don't have an account yet, or you don't wish to create one, you can also continue as a guest. Choose the amount that you wish to deposit and continue. You will be prompted to select your bank and login with your online banking details. The transaction will have to be confirmed with your regular online banking security feature, for example a unique transaction number. iDebit will then check if your account has enough credit to cover the payment, request a direct debit, and transfer the funds to the casino immediately. You should be able to play just a few moments later.

Casino withdrawal with iDebit

In order to be able to make a withdrawal from the casino with iDebit you will have to register an account on the website. This way, iDebit will be able to receive money from merchants or casinos. To initiate the withdrawal at the casino, select iDebit from the payment options at the casino and login to your iDebit account, using your e-mail address and password. Once the withdrawal has been approved by the casino, it will be transferred to your iDebit balance, and you can either withdraw it to your bank account (subject to a fee), or spend it again somewhere else (free).

Fees for using iDebit

Unfortunately, using the service isn't entirely free, but the fees are well within reason. Registering an account is free, and so is making a payment when you use your iDebit balance. If you make a payment through your online banking, a fee of C$1.50 will be charged, and it costs C$2 to request a payment from your iDebit balance back to your bank account. Receiving money from the merchant or casino to your iDebit account is also free of charge. This means, that if you want to keep the fees for using the service as low as possible, you can keep balance that you received in the account and spend it elsewhere. Remember, these fees may change in the meantime, you can find an overview of the fees on their website. Also, keep in mind that online casinos may charge their own fees for deposits all withdrawals, although most casinos cover the charges for their users.

Difference between iDebit and Instadebit

Instadebit and iDebit are two products from the same company, and they are both convenient ways to send and receive money online. The difference between the two products is that Instadebit can directly debit your bank account through a direct debit mandate. Payments are instant as well, but the fees are a little higher. However, you won't have to confirm each payment with your bank security feature. iDebit charges your bank account after you've confirmed the payment through your online banking, so it's not an account that you need to fund in advance. However, if you have funds in your iDebit account, you can use those to pay as well. Both are convenient methods for online payments in Canada.

Is iDebit a safe payment method?

One of the concerns that users have when making an instant banking transfers through an intermediary is the security of their banking details. iDebit is a product of Instadebit International Solutions Ltd, a Canada-based company that was founded in 2004. The company protects their users information and doesn't share it with the merchants or other unauthorised third parties. When using iDebit, you can be assured that the company doesn't store your online banking details or any other information related to your bank. To initiate the transaction you will have to login with your personal online banking credentials. When you make a transaction, you will also have to confirm the payment with the security feature applied by your own online banking, for example a unique transaction number that was generated by your security device. These details are also never shared with the merchants, all they receive is the payment.

Conclusion

iDebit is a convenient payment method for players from Canada, to make a deposit into the casino player account. The payments are easy to carry out, and they are secured by your online banking security features. What makes this payment method interesting is, that you can also receive money, which is then stored in your iDebit account as a balance, and you can choose to either withdraw it back to your bank account or spend it again somewhere else. The fees for using the service are very low, and make it attractive to players who don't wish to use credit cards when making a payment to casino or other merchant online.

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