The last ten years have witnessed massive growth and development in the online gambling world. Apart from the fact that more countries have now legalized gambling, online casinos and other gambling platforms have expanded their reach, territorial coverage, and service offerings. The number of operators has even quadrupled, with hundreds of online casinos springing up every year. This massive number of gaming establishments has made operators compete with each other to attract players in the most possible way. They put in so much effort and promise to offer top-quality gaming experiences that meet players’ preferences.
One of the steps taken by credit card casinos at providing a positive gaming experience to their players is the introduction of a wide variety of payment options made available to their players. The advancement in technology in recent years has increased the number of payment options significantly. The industry has been dominated by the following services:
- Prepaid cards
- Bank wire transfers
- Online payment processors
- Credit and debit card processors
Each listed payment option has its own pros and cons. However, they all work towards providing a secure yet speedy processing service at minimum cost and low risk. One such payment option that is very close to reaching this lofty height is InstaDebit.
This InstaDebit review contains everything you need to know about the payment option.
International Solutions Ltd is the brain behind the InstaDebit payment solution. The company was launched in April 2003, when it started its first test on online payment processing. Its headquarters is situated in Toronto, Canada, but its services are known worldwide. It now has an international branch office in Malta known as InstaDebit Global.
What is InstaDebit?
InstaDebit is different from the classic electronic wallets that allow people to keep their money in digital form on their servers. Although, an e-wallet is more of a payment facilitator. InstaDebit Canada serves as a mediator between its users and e-merchants. In other words, the service of InstaDebit is more of a 3rd party, payment mediation.
How to Become an Insta Debit User
This payment service has grown in popularity worldwide. It is now available as a payment option in numerous gaming and online retail platforms all over the world. As a matter of fact, there are now InstaDebit casino sites.
Before using this service, always ensure that it is supported by the site you want to use.
Don’t have an InstaDebit account yet and want to register one? Below is a straightforward step to doing that:
- Step 1: Visit www.instadebit.com to sign up. To register, you are required to fill in your details in a given form. These details include your name, address, email, bank account to fund the wallet, and the last four digits of your SSN (Social Security Number).
- Step 2: After completing the form, submit the signup request and wait for confirmation. Once your bank account and email check out as valid, you are halfway through.
- Step 3: This is the verification process. To protect its users from theft, the service requires you to verify your identity via photo identification. You also need to verify your mail and account. Once all this is done, all you need to do now is to get a suitable platform and begin to utilize the benefits that come with using this online payment option.
Do Online Casinos Take instaDebit Deposits?
As regards deposit, many casinos manage to gain access to bettor’s funds in time, although some payment options require some processing time. Fortunately for InstaDebit users, the service has a unique processing feature that is instant. Users do not need to wait for hours on end to get their payments approved.
Follow the steps below when depositing with InstaDebit for a seamless deposit.
- The first thing to do is to visit the cashier section of your favourite online casino. Check to see that InstaDebit is among the available payment options. If it is among them, click on its icon.
- After clicking on the InstaDebit icon, a pop-up window will be displayed on your browser. This pop-up will require you to enter your access credentials to the account. This usually includes your username and a password to your account. You will also be required to enter your Social Security Number for security purposes.
- You can either start this process in the casino payment option or the pop-up. Enter the sum of money you want to deposit into your casino account. After this, you must confirm the deposit, and it will be executed instantly.
- As proof of successful transfer, you will immediately see a change in the casino account. You will also receive a confirmation mail sent by the service to notify the recipient and the depositor.
Apart from deposits, InstaDebit can also be used for withdrawal. Instadebit withdrawal is similar to its deposits.
Take note that every transaction you make with InstaDebit comes with a fee.
InstaDebit Casino Types
Here are the top ten InstaDebit casinos:
- Royal Panda
- 888 Casino
- King Billy
- Casumo Casino
- Casino Joy
Advantages and Disadvantages of Using InstaDebit
Every service works harder to stand out as the best. The standard of service rendered by payment options makes users attracted to it and may also lead to a recommendation of such services by users. That’s why Insta Debit is on top of its game, offering players the best benefits when it comes to payment options. The following are the advantages of using InstaDebit:
- Safety: With this payment option, every transaction you make is secure. The servers containing user details are protected under high security and surveillance protocols, with regular supervision. This payment portal makes use of SSL encryption. Its 128-bit encryption protocols ensure that information about funds transacted at the casino is fully encrypted and inaccessible to third parties.
- Speed: Speed is one of the hallmarks of this payment option. But as regards this feature, users need to take note of the online casinos at which they gamble or the e-commerce platform they shop at. Most casinos achieve immediate deposits to satisfy their eager customers, but withdrawals might take a few days to process and verify. Players will be able to withdraw their winnings within 3 to 5 business days.
- Anonymity: The fact that InstaDebit is a mediator between an online casino and your bank account makes it an additional protection layer for you. The service eliminates all forms of data sharing with the casino. Your private banking data is safe with InstaDebit.
- Top-quality Gameplay: This payment method has built a huge reputation for itself throughout its years of existence, particularly in the online gambling industry. Online casinos that accept payment from InstaDebit are seen as reliable, and players who play at such casinos are treated to top-quality gameplay collections.
Despite the above benefits, there are still some shortcomings on the part of InstaDebit. These disadvantages include:
- Mandatory Signup: Many other top payment facilitating options do not make it compulsory for users to sign up. This gives users greater privacy. Although the personal details of customers can be accessed via the link they provide to the payment option, it reduces the time that players spend on the payment service. This also adds to the sense of security of the players.
- Country Restrictions: When InstaDebit was launched, it placed its focus on the Canadian market but later extended its tentacles to some other places. The company now services players from the United States of America and restricts some other regions.
Do Casinos Offer InstaDebit Bonuses?
Yes. Many casinos that accept instadebit as a payment option offer instadebit bonuses.
InstaDebit is renowned for its reputation as one of the best payment options. This payment gateway is not only an e-wallet; it is also a payment facilitator between online casinos or e-commerce platforms and its users. Instadebit guarantees safe, secure, and speedy transactions.
Try out InstaDebit today for your instant payment!