iDebit Casinos

About iDebit

iDebit is a Canadian online payment method that facilitates secure transactions through online banking. The payment method debuted in 2013 and is relatively new, factoring in some industry competitors. There is not much history about iDebit, including acquisitions and partnerships the company might have forged along the way. Today, while the company has not toppled many of its competitors in the online banking field, there have been gradual steps made over the years the company has operated. And there are several pointers for the immense growth. 

Firstly, the company focused on the Canadian market. While this is a drawback on one side of the coin, it is also an advantage on the other side since the company aims to deliver quality over quantity. Other reasons for the company’s growth included the security and anonymous transactions and the instant account creation for first-time players or shoppers. Finally, iDebit transactions incur low fixed fees compared to competitors with higher fees depending on the transaction amount.

During its inception, there were several competitors available for Canadians. They followed the online banking module, including Interac, Skrill, PayPal, and Instadebit. Moreover, Neteller, Sofort, Zimpler, and Klarna were other e-wallet and online banking alternatives outside Canada. Today, even while iDebit does not match the alternatives, the provider has improved its stakes for the last 8+ years it has been in operation.

Using iDebit to Gamble

Online payments go hand-in-hand with online gambling, and there is no better way to have a great experience than having a payment method with quick, secure, and little to no fees transactions. iDebit checks the boxes and is one of the major reasons players opt to use the service. The highlight is that gamblers can use iDebit to deposit and withdraw funds directly from their online casinos to their bank accounts.

Keep in mind that iDebit offers two transaction options. The first option is transacting through an online casino as a guest, where the player does not need an account and will use iDebit as an intermediary. The second option is transacting with iDebit as an e-wallet service, where the player needs an account.

Depositing to an iDebit Casino

For all the payment option’s plaudits, its transaction speed, security, and fees elevate its status. Users at iDebit casinos can expect a straightforward process when depositing, provided they meet the main requirements. A successful iDebit transaction will involve a bank account (source of funds) and a merchant (payment receiver). In our case, the merchant will be the online casino. Additionally, users should keep in mind that not all banks in Canada support the payment method. For this reason, players should check if their banks partner with the option. Below is a list of the Canadian banks supporting the payment method (in alphabet order):

Also essential to note is the limits set out. For a start, iDebit sets no limit on the amount one can transact. However, players should check the operators’ minimum and maximum deposit limits before transacting. While they may differ in most cases, the minimum deposit limit ranges between C$10 and C$30. Immediately after depositing, the payments reflect instantly!

Step By Step Deposit Process Via iDebit

Here is the process to deposit:

1. Choose an iDebit casino: Presently, Canada has loads of online casinos for players, and it might be a task to choose the best casinos. We have extensively reviewed the casinos that meet the standards of a top casino. Additionally, all our casinos in the above list accept payments from iDebit. Choose one that you prefer and sign up.
2. Go to the Deposit/Cashier/Banking/My Account section: Once in the section, choose iDebit as the payment method of your choice. You will then input the deposit amount.
3. Log into your iDebit account or check out as a guest: If you are an account holder, you will log into your account by providing your credentials such as username and password, choose the bank you hold an account with, and proceed to complete the transaction. If you are not an account holder, you will select the bank you hold an account with and log into your online banking account to complete the transaction.
4. Funds credited: After confirming the transaction, players will have their funds credited instantly.

iDebit Deposit Fees

The only downside of the payment method is that players will have their deposits charged. Additionally, players should check with their operators for any additional charges that they may place from their end. As it stands, the provider will not charge any fee for players who are creating an account or those moving funds from their iDebit account to the merchant (e-wallet mode). However, the provider will have fees placed on other services as follows:

• Payment from the bank institution (intermediary mode): C$1.5
• Moving funds from the bank account to iDebit: C$2

Withdrawing Through iDebit

Like depositing, withdrawing is relatively simple, provided the player meets the standard requirements. One of the standard requirements of online gambling is that players use the same payment method while depositing and withdrawing. In this case, players who use iDebit to deposit should use the same method to withdraw. The second standard requirement is account verification. As a financial law requirement and to curb fraud and money laundering, casinos require players to verify their accounts before withdrawing funds. To verify the account, the player should submit documents such as identification card/driving license/passport, utility bill or bank statement, and a copy of their payment cards as proof of identity, address, and payment method, respectively.

Users should also check the minimum and maximum withdrawal amount limits before transacting with their operators. The highlight is that the provider has no limit on the amount one can withdraw through their medium. Additionally, the transactions made from the online casino account to the iDebit account will not incur charges. However, players moving funds from their iDebit account to their bank accounts will have a C$2 fee to pay.

Step By Step Withdrawal Process Via iDebit

Here is the process to withdraw:

1. Complete the wagering requirements: This is a step applicable to players with bonus winnings. Before withdrawing the bonus in question, they should ensure they meet the wagering requirements as stated on the bonus terms and conditions. Only after meeting the requirements will they be able to withdraw the funds.
2. Go to the Withdraw/Cashier/Banking/My Account section: Choose iDebit as your preferred withdrawal option and enter the amount you wish to withdraw.
3. Enter your account credentials: Log into your iDebit account and confirm the withdrawal from that end. The next step is waiting for your cash to hit your account.

iDebit Withdrawal Speed

Unlike deposits, withdrawals via the payment method will take more time. This is because the online casinos have to perform verification checks and approve the withdrawal requests. After the approval process, players will receive funds in their iDebit account. Note that to withdraw, users must be iDebit registered members. From there, they can decide whether to transfer the funds to their bank accounts (chargeable) or have the funds remain at their e-wallet account. The complete withdrawal process will take about five (5) working days.

iDebit Benefits and Drawbacks

iDebit Casino Bonuses

Players at casinos accepting the payment option will access different types of bonuses. The highlight is that unlike providers, such as Neteller and Skrill, whose deposits do not qualify for bonuses in some casinos, there is rarely a casino with those conditions for iDebit deposits. Most casinos accepting the method offer match bonuses, where the deposit made activates the bonuses in question. One highlight is that all players can claim bonuses on these casinos, whether one is a new or existing player or a small-stake or high-stake player. 

The most common of them include:

• Welcome Bonus: Also sign-up offer. The bonus is eligible for new users and is a match bonus in most cases. Once registered, the deposit made will activate a bonus, mainly in the range of 50% to 200%.
• Loyalty program: The program seeks to reward consistent and loyal players. There are levels into which a player gets into, depending on the points they accrue for any real-money bet they make. The higher the level, the more benefits and bonuses players enjoy. Benefits include high-value bonuses, improved transactional limits, etc.
• Special bonuses: The casinos also have special bonuses that are distinct. For example, some may have birthday bonuses, anniversary bonuses, weekend bonuses, holiday bonuses, etc.
• Refer-a-Friend bonus: This bonus type is not available in most casinos. However, some provide the bonus for existing players who successfully refer their friends to join the platform through a referral link. The referrer receives a refer-a-friend bonus once the friend joins and deposits the required amount.

But, a catch exists on all bonuses, calling for players to read the terms and conditions before claiming them. They include terms showing who can claim the bonus, time limitations, deposit limits, and wagering requirements. The wagering requirements show the number of times to wager the bonus before redeeming it. For example, if the wagering requirements are 35x on a C$60 bonus, the player should wager the C$60 bonus thirty-five times (35x), and thus 60 x 35 = C$2,100. Remember that the requirements must be met within a set timeframe or risk having the bonus voided.

iDebit Casino Games

With 30+ Canadian online casinos accepting the payment method, gambling fans can expect a portfolio of casino games to play. As is the norm, the games take different bet sizes, and for this reason, some games are more friendly to high-stake players than small-stake players, and vice versa. However, the bottom line is that each player will find a game they can play. The operators place them into categories, and the most popular game types are:

• Slots: Players will have a range of classic and video slots to spin from providers such as NetEnt, Playtech, and Microgaming. The slots have diverse themes, storylines, reels, paylines, and bet sizes. Some have jackpot features with life-changing payouts!

• Table Games: The game type features different roulette, blackjack, and baccarat variations. Additionally, there are several card games, including poker titles such as Pai Gow Poker, Texas Hold’em, and Casino Hold’em.

• Video Poker: Like table games, there are video poker variants to look forward to on casinos accepting the payment provider. Employ the best strategies on some of the main variations, including Deuces Wild, Jokers Wild, and Double Bonus.

• Live Casino: Wish to get an experience that seems authentic at your comfort? iDebit casinos offer live casino games that take players to games conducted by real dealers, offered in HD visuals, and streamed in real-time from a studio or an offline casino. 

Why Choose an Online Casino offering iDebit

There are several reasons to play at casinos accepting the payment method, but we will narrow down the top ones:

• They offer fast transactions;
• They offer transactions at little to no fees;
• They are secure, thanks to the encryption technology incorporated;
• They ensure anonymous transactions;
• They are well-licensed and reliable in Canada.

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