Online casinos have continued to grow in popularity in recent years and if anything, this trend is expected to gain momentum into the future. This is also the very same reason why such establishments offer a host of electronic payment methods to their clients. While users can access standard options such as credit cards and bank wire transfers, a growing number are beginning to think outside of the box.
One popular alternative is known as the iDebit casino payment system. How does this software work? Is it easy to use? What are some of the best iDebit casinos? Should you be concerned about any security issues? Are there any possible drawbacks such as transfer fees? If you are currently less than satisfied with your present payment system, the details below will definitely come in handy. Let’s take a closer look.
The iDebit casino system is essentially a means by which customers can access their bank accounts via a secure online payment portal.
In some ways, it is similar to other methods such as electronic cheques or InstaDebit. The main difference involves the fact that any deposited funds will clear immediately. This is not always the case with other third-party payment options, as processing times will normally range between 24 and 48 hours.
We can think of the iDebit casino transfer system as an intermediary between the customer and his or her bank. This is why it functions similarly to an e-wallet in many ways.
One of the most unique features regarding this payment platform is that many online casinos accepting iDebit do not require users to set up an active account. In other words, they can deposit funds as a guest as opposed to a registered member. Of course, this will naturally vary between different establishments.
Another important point to mention before moving on is that at the time that this article was written, iDebit has been primarily catering to casino players and gaming establishments. However, it is still a fact that the functionality behind this service is just as streamlined as other well-known providers such as Skrill.
Assuming that you wish to make a payment, you will first need to create a transaction ticket through iDebit. Then, simply log into the associated bank account in order to approve the payment. As we can see, iDebit is extremely straightforward and this is one of the reasons why it has become so popular with online casino players. In terms of personal information, iDebit is also rather different.
The majority of online payment systems will require users to provide their credit card details. This is not needed by iDebit, as all transactions remain between to and from the e-wallet and the bank. Some users prefer this alternative due to the fact that their credit card information will not be placed in jeopardy.
On a final note, it is a good idea to mention fees before moving on to the next section. Users will be required to pay a fee of $1.50 CAD when making a deposit. While iDebit does not charge any money for withdrawals, some casinos may add a tariff (be sure to check before registering). It should be mentioned that the fees associated with iDebit are some of the lowest in the industry at the present time.
The number of online casinos with iDebit as a payment option is growing, and for good reason. The registration process is straightforward, so anyone who has ever used other e-wallets such as PayPal in the past should not encounter any issues. You will be asked to provide basic personal details including:
In some cases, you might need to confirm your identity by speaking with an iDebit representative. Proof can include documents such as passports, driving licenses and a national identification card. Of course, these and other details are the same which are requested by online casinos during the initial registration process.
Assuming that you have been approved for an iDebit account, you can then immediately deposit funds from your bank. It is then possible to send these funds to any online casino offering the iDebit deposit option. This also leads us directly into the next section.
Users will be happy to know that making a deposit with the help of iDebit is clear and simple. iDebit casinos will first ask the user to navigate to the checkout page. You will then need to click on the iDebit icon in order to be redirected to a deposit section.
You may also be required to provide your iDebit details once again (depending upon the casino). Some offer a guest checkout option as an alternative, although this tends to be available only for first-time deposits.
Finally, you will be sent to another page that asks for your banking details (such as a username and password). Assuming that all of the information has been entered correctly, the deposit should immediately clear. We can now see why this iDebit deposit option is so popular.
We should note that some online casinos with iDebit may not support withdrawals. This is why it is always important to perform a fair amount of research in advance.
Assuming that you have found the right website, you simply head to the section associated with the payment option. Then, click on the “withdraw funds” field. The only major differences are that you may be required to provide additional information and that the funds will normally take longer to clear (up to five business days in some cases). Read the terms and conditions of the casino in question in order to learn more.
Online casinos accepting iDebit take the safety and security of their customers quite seriously. This is the best way to avoid issues such as identity theft or leaked financial information. The iDebit casino payment system is likewise one step ahead of the technology curve thanks to a series of robust security protocols. The most important is known as SSL encryption.
SSL encryption essentially scrambles all personal and financial details when they are sent between the casino and the customer. Without a one-time digital “key”, this data would be impossible to decrypt. Furthermore, iDebit does not share your personal information with any third-party vendors.
You can also rest assured in the fact that any financial action within your iDebit account will immediately appear on your electronic bank statement. It is therefore easy to keep track of deposits and withdrawals.
Now that we have examined the basic functionality of the iDebit casino payment system, it is a good idea to conclude by listing some of its primary advantages as well as some potential sticking points. This will enable you to make the right decision at the appropriate time. Here are the pros of iDebit:
In terms of possible drawbacks, here are some metrics worth noting:
So, we can easily see why iDebit has been enjoying a growing sense of popularity in recent times. Although this is a rather new company when compared to well-established e-wallets such as Skrill, the fact of the matter is that it offers the same levels of security and reliability. Please feel free to perform additional research in order to find which casinos accept the iDebit payment system and as always, refer back to this page in the future for further updates
