Deposit at an online casino with InstaDebit in Canada

What is InstaDebit?

InstaDebit is a revolutionary payment processor utilizing instant bank transfer technology. InstaDebit in Canada started offering online payment solutions in 2004. InstaDebit was originally only available to Canadian residents but has since branched out and is not available in other countries as well. This payment option is supported by every financial institution in Canada. Instant banking transfers allow players to make deposits into their online casino account directly from their online bank account. It has become a preferred option for Canadian players due to convenience, security and affordability. All you need in order to start using InstaDebit is an account. You can sign up through InstaDebit’s website. There you will have to enter some personal information, verify your identity and provide your bank account number. The process is quick, and they will activate your account right away. After that, you are ready to fund your online casino account straight from your bank account.

The advantages of using InstaDebit in Canada

InstaDebit has the highest security, and both your personal information, financial details and transactions are protected at all times. Accounts are monitored 24/7 for suspicious activity. Since you already entered all your personal and financial information with InstaDebit, there is no need to enter card details and such with the online casino operators. This reduces the number of places this type of information is stored. You are effectively lowering the risk of data breaches and having your data compromised by cybercriminals. With InstaDebit in Canada, you can instantly transfer money to and from your online casino account while paying very low microtransaction fees. InstaDebit is widely available in Canadian online casinos and compatible with all types of deposit bonus offers. If you ever experience any issues using InstaDebit in Canada, you can contact their 24/7 customer support for prompt and efficient assistance.

Disadvantages of using InstaDebit

There are not many disadvantages to InstaDebit. It is definitely one of the most popular methods of payment for Canadian casino players. One thing we could mention is that not all online casinos have InstaDebit available. The reason behind this is that foreign online casinos may not have many players in Canada. As a result, they did not prioritize offering InstaDebit to their players. However, due to the online casino boom in Canada and the increase in Canadians playing in online casinos, we expect that all operators will accept InstaDebit in the near future.

Online casinos in Canada that accepts InstaDebit

How to deposit to an online casino using InstaDebit

We highlighted convenience as the main advantage of using InstaDebit. This includes ease of use. Out of all payment methods, InstaDebit arguably has the easiest payment flow. All you need to do is register for an InstaDebit account and link your online bank account with InstaDebit. This is a one-time procedure, and it only takes a few minutes. After that, you can leverage InstaDebit instant banking technology when depositing and withdrawing money in Canada’s online casinos. So, once you have your InstaDebit account ready to go:

1. Go to your online casino and log in

2. Go to the payment method section and choose InstaDebit

3. Input your InstaDebit account details in the payment gateway

4. Enter the deposit amount

5. Confirm

6. The money will arrive in your online casino account instantly

Fees and withdrawal times when using InstaDebit

Your bank typically won’t charge you any fees when using InstaDebit. However, the merchant (online casinos in our case) pays fees for the transactions that are made. It varies between casino and casino whether they will charge you for this fee or now. Either way, the fee would be a minimal microtransaction fee. Withdrawals are typically processed within minutes when you use InstaDebit. The money will be credited to the registered bank account.

How does Lucky7Bonus choose the best online casinos that accept Interac in Canada?

The Lucky7Bonus team is made up of both gaming enthusiasts and online casino industry veterans. We know online casinos from both the player perspective and the operational perspective. We strive to have an unbiased approach when reviewing and evaluating online casinos. The editorial team will scrutinize the texts written by our reviewers. Besides our own personal experience of playing in all the different online casinos, we also back all our information up with data and research. The goal is to produce honest and independent casino reviews that give a fair presentation of the reality of different online casino sites.

Conclusion InstaDebit in Canada

InstaDebit is one of the best, if not the best, payment method available in Canadian online casinos. Transactions are instant, fees are minimal, it is super easy to use, and InstaDebit is widely available at casino sites. The latest technology is used to encrypt transactions and to keep your details stored within InstaDebit databases. The only friction when using InstaDebit in Canada is that you have to register for an account and then link your bank account. This process only takes a couple of minutes, though, so it should not stop you from using InstaDebit if it is available in your online casino. We can’t really complain about anything when it comes to InstaDebit. Sometimes when something is too good to be true, it’s simply the real deal. If InstaDebit is available in the online casino you want to deposit in, we recommend using it.

FAQ InstaDebit in Canada

Is my private data secure when using InstaDebit in online casinos?

Yes, InstaDebit utilizes the latest in Secure Socket Layer (SSL) technology along with the best firewalls. There is a minimal risk of a data breach, and you will not have to enter your financial details with the online casino operator.

Is it safe to use InstaDebit in online casinos?

Yes, InstaDebit is very safe to use. All financial institutions in Canada are compatible with InstaDebit, and their secure payment gateway is of the highest standard. Online casinos, in turn, adhere to strict online payment standards and utilize the latest security technology. Any mismanagement of your account will result in heavy monetary penalties for the casino operator.

Do I have to pay any fees using InstaDebit in Canada?

The merchant (the online casino) is subject to pay fees when InstaDebit is used. It varies between casinos and casinos whether they will charge you any fee. If they do, the charge is minimal and hardly something you will notice in your payment summary.

Is InstaDebit available in all online casinos in Canada?

Most online casinos accept InstaDebit in Canada. However, there are still many that don’t. The reason is that those casinos are offshore casinos that do not have enough Canadian players in their casinos for it to be financially viable to offer InstaDebit.