iDebit Online Bank Transfers – Payment Method Info Page
Payment method: iDebit
Payment type: Online banking payments, online banking transfers
RealGamblingSites.com overview – iDebit:
iDebit enables online payments, including gambling deposits, through the online banking environments of major Canadian banks. Your sensitive bank account information is not shared with betting sites as iDebit enables you to log in securely to banking accounts using your login credentials to make deposits.
We were unable to find any verifiable information about when iDebit was launched or if the company holds any licenses or certifications.
How does iDebit work?
iDebit acts as an intermediary to facilitate payments between your online banking accounts and online merchants, including gambling sites. You can check out as a guest user the first time you use iDebit to make a payment, and then register for an account if you like the payment service.
Go to your betting site’s cashier and select iDebit as your payment method. Choose your Canadian bank from the drop-down menu, log in using your online banking username/password, and confirm the payment.
Your banking information is not entered or shared with the casino or stored. You can also choose to use different banks and accounts with different transactions for flexible payment options.
Refunds from merchants and withdrawals from online gambling sites are credited to your iDebit account. Funds in your iDebit account can then be used to make payments to online retailers/gambling sites or can be transferred to your bank account.
How does iDebit compare to INSTADEBIT?
iDebit and INSTADEBIT are both payment methods that enable online bank payments from Canadian accounts to online merchants, including betting sites.
The two payment services are similar in many ways, including fee structures, yet there are some fundamental differences in how transactions are processed. As outlined above, iDebit serves as a gateway that enables online banking transactions between bank accounts and online merchants. You simply choose your bank and log in with your online banking credentials to make payments. INSTADEBIT, on the other hand, stores your bank account number and details for a single bank account and uses that information to make all of your approved online payments.
iDebit supports payments through a list of major Canadian banks, whereas INSTADEBIT supports payments through any Canadian bank or financial institution.
iDebit is accepted by a wide variety of online betting sites worldwide and provides players in Canada with flexible, convenient, secure, and fast online bank transfer options.
Using iDebit for online gambling deposits
iDebit serves as an intermediary to enable payments between your online banking account and gambling account.
Payments can be sent directly between your bank and casino accounts or made to/from the balance in your iDebit account. The payment process for using your online banking account is outlined below.
Steps for using iDebit to make online gambling deposits:
iDebit deposits are typically instant. Withdrawal times vary depending on the casino. Check your betting site to see if estimated withdrawal times are published on the Banking or Cashier pages. If not, customer service should be able to provide you with an estimate.
iDebit acceptance at online gambling sites
iDebit is accepted at a wide range of online casinos worldwide, particularly at sites that cater to Canadian players.
iDebit acceptance for U.S. players
iDebit currently only provides payment services to players in Canada and is not available to U.S. players.
iDebit provides convenient payment services that allow you to make secure online gambling deposits directly from your banking account. Simply use your existing online banking login information to make instant deposits through the iDebit option at your casino’s cashier. iDebit’s online banking payment solution is seamless, fast, and convenient.
iDebit is widely available as a deposit and withdrawal option at online betting sites. This payment method is accessible to people in Canada that hold a bank account at one of the major Canadian banks supported by iDebit.
iDebit currently supports payments through the following major banks in Canada: Bank of Montreal, Canadian Imperial Bank of Commerce, Desjardins, National Bank, Royal Bank of Canada, Scotiabank, Simplii Financial (formerly PCF), and TD Canada Trust.
Several iDebit transaction types are free, while others include a small flat fee. The following is a list of iDebit services and current charges:
The fee structure and specific charges for iDebit are almost identical to INSTADEBIT, another leading company that enables online payments via online bank transfers in Canada. iDebit charges 1.50 CAD for payments from online bank accounts to merchants, whereas INSTADEBIT charges 1.95 CAD for this type of transaction. Otherwise, the fees and their structure are the same at the two companies.
Most online betting sites do not charge any fees for iDebit deposits and withdrawals. You can check with your casino to see whether using this method incurs any charges.
Most banks do not charge fees for online banking payments. However, you can check with your bank to see if any fees would be charged for making online payments via iDebit.
The iDebit platform uses 128-bit encryption technology to protect the data it handles, and the servers are hosted in data centers that are protected by security guards 24/7 and secured by biometric palm scanner access.
None of your banking information is shared with online betting sites, and you do not input your bank account number online at any point. Instead, you make your payment through your banking account, protected by bank-level security and authentication, which helps to reduce the risk of fraud and identity theft.
iDebit deposits are instant. Withdrawal times vary depending on the gambling site. Your online casino site may publish the estimated processing time for iDebit withdrawals in the cashier area; otherwise, you can contact the customer support team for an estimate.
iDebit provides customer support via phone in Canada (+1 855.443.3248), email (email@example.com), and online chat.
iDebit does not offer support for returns or issues with purchases/payments. The company advises that you contact the merchant to resolve such issues. Most reputable online gambling sites provide 24/7 customer service.
iDebit transactions are done through your online banking platform. Because your bank provides identity and account authentication automatically when you log in, iDebit does not require additional authentication for payments.
The first time you withdraw funds from your iDebit account to a bank account, iDebit will request verification information, including your bank account details. You can register and save your bank account information while logged in on the iDebit website. iDebit also requires additional ID and/or address verification if you want to make changes to your account, including changing your address.
Your online casino may also require ID and account verification the first time you initiate a withdrawal using iDebit. Verification requirements for iDebit withdrawals may be posted on your betting site’s Cashier page. Alternatively, your casino may contact you to request verification information after you initiate a withdrawal request.
Online casino bonuses/Casino-friendliness
iDebit is a casino-friendly payment option for Canadian players that hold an account at participating major banks in Canada. iDebit is accepted for deposits and withdrawals by a wide variety of online gambling sites worldwide. Deposits are instant, and transactions are made through your familiar and secure online banking platform.
Our team did not find any iDebit payment method bonuses. However, you can check your casino’s Banking or Promotions page to see if any bonuses are being offered for iDebit deposits. Deposits made using this method count toward the requirements for general promotions on gambling sites. Be sure to check the Terms and Conditions for each promotion to see what the deposit and playing requirements are to cash in on the bonus money.