iDebit is an online payment method that allows you to make online purchases directly from your online bank account swiftly. Apart from e-commerce, this payment method allows you to fund your casino account as well as make withdrawals.
iDebit is currently available as a banking option in over 200 online casinos. This payment method only partners with licensed online casinos and is regulated by the Government of Canada, rendering it a safe and secure means of transacting online.
Who can use iDebit?
For you to register for an iDebit account, you must be 18 years and above. It is currently available in Canada, and so you must have an account with any of the eight participating Canadian banks which, at the time of writing, are: TD Canada Trust, Bank of Montreal, National Bank, Royal Bank of Canada, Scotiabank and Desjardins.
Also, if you are from the UK, Australia, or Sweden, you can still be able to use this payment method for your casino transaction provided you have an account with the above-listed banks. With this payment method, you can either choose to open a separate account or check out as a guest and then register for an account afterwards.
Making a deposit using iDebit
Funding your casino account using iDebit is hustle-free. You first have to select it from your casino cashier. You will then be directed to your online banking account where you will complete the transaction. Once the transaction is finalized, your funds will immediately be available for play. However, there is a minimal transaction charge that will be applied depending on your bank.
One obvious pro of using iDebit to make your casino deposits is security. This is because you are not required to share your account details with your online casino at any point. All the account transactions are handled directly from your bank.
The other advantage is that most of the online casinos, in partnership with iDebit, are accessible via mobile devices. Therefore, you can be able to make your casino deposits on the go. Unlike most online payment methods, you can be able to cash out via iDebit at any online casino that allows it.
One of the significant drawbacks of iDebit is that you must have an account with any of the participating banks in Canada for you to use it for any casino transactions. There are also transaction charges applied on both deposits and withdrawals depending on your bank.
Another drawback is that, although during deposits you don’t have to provide your account details at the casino, during withdrawals you will be required to provide your private account information.
iDebit is quite popular in most of the Canadian casinos and has attracted a great deal of online gamblers because of its convenience. This casino payment option is great for players who prefer not to share their private account details with their online casinos. But if you don’t have an online account with any of the participating Canadian banks, this is not the method for you.