iDebit Casinos Available in 2024

Updated Jan 10, 2022

Staff Writer

Idebit accepting casinos iDebit is an online payment method created predominantly for Canadian consumers. iDebit gives you, the Canadian online casino player, the ability to instantly deposit real money into your casino account. You don’t even need to be an account holder with the payment processing company to deposit at an online casino with iDebit. You can deposit as a guest but opening a new account comes with plenty of perks. Although the name is similar to InstaDebit, it is not the same company, but was recently launched to address some of InstaDebit’s shortcomings.

Jump to:

How it works How to set up an iDebit account How to use iDebit for your casino deposits How to use iDebit for your casino withdrawals Safety and Security FAQ’s

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iDebit accepted as a payment method
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How it works

iDebit serves as an intermediary between your bank account and the party you wish to pay. You are not required to share your banking details with anyone or even sign up for an account, as you have the option to check out as a guest. iDebit deposits work the same as electronic checks - they are processed instantly, but the debit only appears on your bank statement a few days later. Withdrawals are typically processed within a few days, and then iDebit transfers the funds to your bank account 2 to 3 days after that.

Important

iDebit deposits can be made from various countries, but withdrawals are restricted only to Canadian customers. There are also restrictions regarding the minimum and maximum deposits, depending on the country you are based in. Check with the casino first.

How to set up an iDebit account

The signup process is easy and only takes a few minutes. Simply visit the iDebit website and follow the signup instructions. All that is required is the verification of your personal details. There are no signup fees.

How idebit works

How to use iDebit for your casino deposits

Once you are on the casino’s payment page, follow these easy and automatically prompted steps:

1. Select iDebit as your preferred payment method.
2. Log into your iDebit account (or checkout as a guest with iDebit and create an account afterward)
3. Select your bank and log in with your online banking credentials.
4. Approve the payment.

How to use iDebit for your casino withdrawals

Numerous sites utilize this network to facilitate withdrawals. The service is only available if you have opened an iDebit account. This will enable you to transfer funds to your balance which can then be moved to your bank account.

1. In the cashier section, under withdrawal options, select iDebit.
2. Follow the steps and specify the amount you wish to withdraw.
3. Enter your login details to access your iDebit account.
4. Select the bank account to which the funds must be transferred.
5. Approve the transaction.

Safety and Security

This system comes with a few clear benefits for players. Firstly, it offers a highly secure method for deposits and withdrawals as it makes use of the same trusted international banking system that wire and bank transfers are run through. An additional layer of security is also available if you are a registered user who is concerned about sharing private data with gambling sites where it can operate as a third-party between you and the casino.

Advantages of using iDebit

Sign-up is quick, easy and free.
A physical card does not need to be present as iDebit users can make payments from their bank account in real-time.
Payment notifications are sent to merchants immediately, so there are no delays waiting for funds to clear.
Should you have insufficient funds in your iDebit account when wiring to merchants, the iDebit system will send a transaction to your bank account to cover the deficit.
Details of your iDebit transactions are kept completely private as they won’t appear on your bank statement.
Double security measures – first via iDebit’s encryption features, then again through your own bank’s security features when logged into your account.
Your personal information is never disclosed to a third party, but strictly remains between you and your bank.

Disadvantages

Currently, iDebit is mainly used by leading casinos in Europe and Canada. It has yet to become a widely recognized form of payment.
Things like credit card loyalty programs and customary refund guarantees cannot be utilized when making iDebit online purchases.
A fee is levied whenever you make a withdrawal or payment using your iDebit account.

FAQ’s

iDebit is a common feature at many online casinos and is well-known in Canada. This service enables you to deposit funds from your bank account to a casino without having to break out your bank card which is a great security measure for those who don’t trust gambling sites with their sensitive information. iDebit casinos are safe for the most part, but as with all things, there are always a few rogue operators and Canada’s liberal gambling laws leave iDebit online casinos largely unregulated in comparison to other casino deposit methods. You should always ensure that you choose a reputable site such as the ones we recommend before parting with your money.

National Bank of Canada Bank of Montreal (BMO) Scotiabank Canadian Imperial Bank of Commerce Royal Bank of Canada Simplii Financial (formerly PCF) TD Canada Trust Desjardins Group

As with most money processing companies, fees apply for iDebit transfers. The fee for transactions between iDebit and your bank is $1.50 and between your bank and iDebit is $2.00. Depositing and withdrawing at online casinos is free from any fees.

It takes up to five working days for your money to be processed if you use iDebit as your withdrawal method. A nominal with fee will apply for your iDebit withdrawal from your casino account to your bank account.