Best iDebit Casinos Online
About iDebit
Owned by Instadebit International Solutions Ltd., iDebit is currently available in 30 countries across the world. It has partnered with many banks for making online payments easier for its customers. They can use iDebit as an e-wallet or as a direct intermediary between them and their bank.
Over the years it has improved its availability across the casino websites. This instant payment method is now used by millions of online casino players. You can use iDebit if you are 18 years of age or older and have a bank account with any of its participating banks and financial institutions. There’s no need to go through a lengthy sign-up process to use its service as a payment facilitator or intermediary.
However, if you want to use this payment method as an e-wallet, you’ll need to create an account on its website. This involves providing your name, address, and a few other basic details. You can then transfer money from your bank account to fund the iDebit e-wallet. This will ensure that you have the required funds available in your e-wallet whenever you need them.
Pros and Cons of using iDebit in online casinos
The main objective behind the creation of iDebit was to provide its services globally. Although it is yet to cover many countries, it does have a significant presence in different parts of the world. It works with some of the biggest banks and allows players having their accounts in these banks to enjoy some fantastic virtual casino gaming adventures.
If you’re an iDebit user, you can safely deposit and withdraw your funds without providing your sensitive information online. Before you start using this instant payment method for online casino gaming, it is essential that you’re aware of its pros and cons.
Pros:
- You don’t need a credit or debit card for using iDebit
- The online casino transactions are processed and confirmed instantly
- All the transactions made using this payment method are anonymous
- You can make safe and secure payments as it uses the latest security features
Cons:
- Not all online casinos allow iDebit as a payment method
- It is available only in select countries
- You may incur a certain amount of transaction fees
How does iDebit compare to other payment methods?
Bank transfers and credit or debit cards were the earliest payment methods in online casinos. They’re still used as a payment method in many of them. While they’re immensely popular among millions of players worldwide, you can’t make anonymous transactions with them. Besides, it may take up to 10 business days to process a transaction if you’re using any of these payment methods.
The popular e-wallets like Skrill and PayPal don’t require you to provide your sensitive personal data during the transactions. Using one of these e-wallets as your payment method, you can make fast and secure transactions. The e-wallet of iDebit offers the same benefits, but its transaction fees are lower than many other e-wallets.
Prepaid vouchers and cryptocurrencies are highly effective in keeping your transactions safe and anonymous. They share almost the same features as iDebit. While prepaid vouchers don’t have any transaction fees, you may not be able to retrieve them if they’re lost or stolen.
iDebit Fees
There’s no fee involved in opening an iDebit account. Some online casinos might charge you a certain amount of fee for withdrawing funds using this instant payment method. For making payments using iDebit, you’ll be charged a certain amount in fees.
If you make a transaction with a different currency than the one of your home country, you’ll be charged currency conversion fees. The amount of such fees would depend on the value of the currency at the time of making your transaction. There’s also a certain amount of commission involved in the foreign exchange transactions.
An additional fee is also applicable if you want to receive a refund without providing your banking information. Usually, this includes the name of your bank, IBAN or SWIFT or routing number, and account number. To avoid providing such details, you can order your refund through a check or money order from iDebit.
How to use iDebit for online casino deposits
You can make safe and secure deposits into your online casino account with iDebit using your bank account that already has the required funds. You can fund your online casino account using this instant payment method in a few clicks. The first step would be to find a reputed online casino that accepts iDebit as a payment method.
When you’ve chosen your online casino, sign up on the website to create an account. Once this is done, log in to your online casino account and navigate to the cashier, payments, or banking section. Choose the option to deposit funds into your online casino account and select ‘iDebit’ as your preferred payment method.
You’ll then be taken to the iDebit login screen. Enter your credentials to access your account and select your bank from the list. Next, enter your online banking credentials to proceed further. Key in the amount you want to deposit and confirm the transaction. It will take just a few seconds after confirmation to receive the funds in your casino account.
How iDebit can be used for withdrawals in online casinos
Withdrawing your winnings from online casinos is just as easy as making your deposits. Once you’ve logged in to your online casino account, head to the cashier, payments, or banking section and choose the option to withdraw the amount you’ve won. Before going ahead with the withdrawal, you’ll need to check if there are any withdrawal limits placed by your online casino.
The withdrawals made using iDebit are free if you’re using the e-wallet option. This will make it easier for you to receive funds from your online casino account after you’ve made the withdrawal. Although the process will be instant, it may take up to 24 hours to get the amount in your account.
Some online casinos will charge a certain amount of fees for making withdrawals. You’ll need to check if your chosen casino has fees for withdrawing your winnings. You may also need to pay additional charges if you’re using a different currency to withdraw funds from your online casino account.
How secure is iDebit?
Security is a top priority for iDebit and it takes all the precautions to ensure safe and secure transactions. Your payments are processed in a trusted online banking environment, which involves the use of latest technologies and online security measures. Your credentials remain between you and your bank and is never stored by iDebit.
The information provided by users is assessed to confirm their identity and prevent any threats from hackers. It authenticates that only you are accessing your online banking feature. You’re also required to key in your complete login credentials and answer the bank’s security questions. Additionally, the transactions are monitored and verified by certified online security systems.
All the information required for the transactions are transmitted in a secure manner using 128-bit encryption technology. This protects your sensitive information from hackers and ransomware attacks. The servers of iDebit are hosted in a state-of-the-art data center with restricted access. It uses biometric palm scanners and 24/7 monitoring to prevent unauthorized access.