How do I start using iDebit?
Like for most other money transfer providers, you will need to go to the website. Next, create an account using your bank credentials, e-mail, and a password. Alternatively, if you are in a hurry, you can make a payment by checking out as a guest. Checking out as a guest only requires your banking credentials. Therefore, you do not need to create an account in this case. This works well if you are one time player at an online casino.
It may be recommended to make an account if you use iDebit often, because through your account, you can check your transaction history and also see how close you are to the transaction limit. Funding your account is made primarily through online banking.
How do I use iDebit as a deposit method?
Funding your online casino account with iDebit is quick and easy, which is one of the advantages of this method. By going to the ‘cashier’ page of the online casino, you can select this option as your preferred method. You then will have to either log in to your iDebit account, or check out as a guest. The money between iDebit and the online casino account will be transferred almost always within a few minutes, and always in under an hour.
It would also be worth explaining how the fees for iDebit work. Making a payment directly using your online bank account will incur a fee of $1.5. This usually happens if you check out as a guest, and withdrawing funds from your iDebit account to your bank account costs $2. It takes approximately 5 days for the funds to enter your bank account, in the case of a withdrawal. However, when making a payment using your iDebit balance, there’s no fees. There are also no other fees that you need to be aware of. At the end of the day, having a $1.5 fee from a $200-300 deposit at a casino isn’t that bad.
Why choose iDebit?
It is one of the easier methods to use out there, and its fees are incredibly cheap. You don’t need a credit card to use it, and the account is not compulsory, is also a big plus. Deposits are made very quickly.
Whats banks accept iDebit activity?
Well, this payment method accepts casino players from numerous countries which are then associated to various national banks. For example, Canadian casino players can use iDebit with the following banks: Scotiabank, Royal Bank of Canada, Desjardins, Bank of Montreal, Canadian Imperial Bank of Commerce, TD Canada Trust, and Simplii Financial (formerly PCF).
If you are a UK casino player looking for iDebit, you must have an account at HSBC or Barclays Bank.
Disadvantages of this payment method
Unfortunately, this casino deposit method is not as widely available as in the case of some other, more popular, money transfer providers. Five days for a withdrawal may also deter some players, but considering how quick deposits work and how accessible it is to use this service, it would be safe to say that the advantages of iDebit outweigh the disadvantages. Make sure your casino and country accept this method beforehand. Otherwise you have nothing else to worry about with this payment option.