Page updated on 08.07.2019

Instadebit Casinos and Guide for Deposits and Withdrawals

Instadebit Instadebit is a product of Instadebit International Solutions Ltd, a Canadian fintech company that offers a number of payment services. The company has been around for over a decade and a solid reputation with their users. Instadebit is an instant banking service allowing users to make instant bank transfers from a Canadian bank account to a merchant or online casino. Another product of the company is iDebit, another instant bank product, but without the need to sign up for the service. You can make payments with Instadebit to over 32 countries and effect them in Canadian Dollar or US Dollar.

Advantages

  • instant bank transfers within seconds
  • bank details are not shared with merchants
  • secured transactions
  • CAD and USD payments are supported
  • withdrawals are possible

Disadvantages

  • only available for Canadian bank account users
  • transfer fees apply

All Instadebit Casinos:

There are a number of online casinos that accept Instadebit for deposits and withdrawals. You can find our top picks in the table below. Every casino carries a valid license and we provide a detailed review with everything of importance about the casino, including payments, bonuses, terms and games. Each provider is also fully licensed.

Name Highlights Rating Links
Karamba + mobile play
+ low wagering
+ 700 games
Visit
Review
Casumo + fast payouts
+ interesting bonuses
+ over 900 games
Visit
Review
Boyle + fast payouts
+ low wagering
+ around 500 games
Visit
Review
888 + many promotions
+ mobile casino
+ around 170 games
Visit
Review
Cashmio + daily missions
+ fast payments
+ over 1,500 games
Visit
William Hill + fast payouts
+ Playtech slots
+ over 500 games
Visit
Review
Jetbull + great game selection
+ many bonuses
+ over 1,600 games
Visit
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 Instadebit work?

To use Instadebit for payments you'll have to sign up for the service first - it's free to sign up. To register you'll need to provide personal information, including your date of birth, and the last four digits of your Canadian social security number. When making a payment with Instadebit, you'll connect your bank account to your Instadebit account. They will then deduct the amount you wish to transfer from your bank account and credit the merchant immediately. This eliminates the processing times from regular bank transfers, as Instadebit acts as an intermediary by debiting your account while paying the merchant directly.

Casino deposit with Instadebit

To make deposits with Instadebit, simply select the payment option at the casino of your choice, provided they offer this payment method, of course. Select the amount you wish to deposit and continue to log in to your Instadebit account. The payment will then be verified and debited to your bank account and the casino player account will be credited instantly. You'll see the charge on your bank account a few days later.

Casino withdrawal with Instadebit

You can also make casino withdrawals with Instadebit. Select the payment method for the withdrawal and the balance will be transferred to your Instadebit account. From there, it won't be automatically sent to your bank account, instead it will remain in your Instadebit balance and you can choose to either spend it elsewhere from the balance (free of charge), or you can transfer it to your bank account for a fee.

Difference between iDebit and Instadebit

Both are instant banking services from the same company, but there are a few differences between iDebit and Instadebit. When using iDebit, it's not necessary to register an account, and the service is a little cheaper to use too, but instead you won't be able to perform quick direct debits. You'll need to confirm each transaction with your online banking. However, if you want to receive money with iDebit, you'll need to register an account as well. With Instadebit you can make payments even quicker, as you won't have to log in to your online banking each time.

Fees for using Instadebit

Unfortunately, the Instadebit service isn't free to use, but the fees are relatively low. The account itself is free of charge and making a payment is currently set at a fee of C$1.95. If you've received payments from a merchant back to your Instadebit account and use the balance to make the payment, then it's free to transfer. Transferring funds back to your bank account will incur a fee of C$2 per transaction.

Is Instadebit a safe payment method?

Instadebit is a very safe payment method to make payments online directly from your bank account. The company has been around for a very long time and a good track record, meaning that users trust them. The payments are secured through SSL connections. User account data is kept in secured locations and transfers are confirmed with the bank. As long as you keep your Instadebit account information safe, you won't have to worry about your account being compromised.

Conclusion

Instadebit is a convenient payment method to make direct bank transfers to merchants in over 32 countries. However, the service is only available to users with a Canadian bank account. Many online casinos accept this payment method and it's a convenient method to send and receive money from casino player accounts. The fees are a small drawback, but considering the service, the are still reasonable. When using your Instadebit balance, it's even free to make payments.

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