Betting using InstaDebit

Designed especially to serve residents of Canada, but also available now in selected countries worldwide, InstaDebit is an eWallet system for financial transactions that link directly to Canadian bank accounts. It is a highly secure method of accessing funds to pay for goods and services bought via the Internet, and it has become especially popular among Canadian sports betting customers.

Currently, some 335 gaming sites welcome InstaDebit for deposits or withdrawals or both. Among them are some the largest and most respected online casinos, poker rooms, bingo sites and bookmakers, including bet365, Ladbrokes, Party Poker, William Hill, Pinnacle Sports, PokerStars, EuroGrand and GameBookers, to name a few.

InstaDebit prides itself on being a customer-centric organisation, developing the technology, expertise and relationships needed to provide customers with one of the world’s most advanced payment solutions. Hallmarks of the service are 24/7 merchant and customer support for every transaction processed, as well as comprehensive online merchant reporting and consumer transaction review.

Specific benefits that accrue to InstaDebit’s Canadian customers are free sign up, deposits and withdrawals directly from and to a personal bank account, and instantaneous transfers. Merchants do not have access to the customer’s private information, including bank account details, so the utmost privacy is assured. Moreover, InstaDebit is a debt-free payment system, much like a debit card, so no credit checks or arbitrary credit limits apply to cash access.

Establishing an InstaDebit account takes only a few minutes on the corporate web site sign-up page. A pull-down menu indicates the various countries where applicant’s may be resident, including Mexico, Uruguay, Chili, Australia, New Zealand and almost all EU countries. Note that InstaDebit is not available to U.S. residents.

New customers must enter their basic information: name, home address, city, province, postal code, home phone number and date of birth. Also required are an email address and a password and, for Canadian residents, the last four digits of the applicant’s Social Insurance number are necessary.

Once the online form has been completed and a security code entered, banking information can be provided on a separate, secure page. Behind the scenes, The InstaDebit “Identify System” verifies the new customer’s identity and banking details in real time—a process that typically takes only a few seconds. Then, the InstaDebit account can be used in exactly the same way as an electronic check or (ACH) deposit. There is no need to fund a secondary account.

To use InstaDebit for a deposit with a bookmaker such as Ladbrokes, funds can be electronically transferred from the Banking section of the gaming site by selecting the InstaDebit option from the drop down list on the deposit page. Simply enter the amount to deposit and the gaming site password, and then click the “Deposit” button. The customer will then be directed to InstaDebit to confirm the payment details. Funds are credited to the gaming account instantly if the transaction is successful.

To use InstaDebit for a withdrawal from a sportsbook such as bet356, funds can be electronically transferred to the customer’s bank account through InstaDebit, which serves as the processing agent. Simply click Withdraw on the gaming web site. Typically, withdrawals are processed within 24 hours and are free of charge.

Note that InstaDebit may be available for only for customers whose gaming accounts are denominated in Canadian or U.S. Dollars, not Sterling or Euros. Only one account may be registered per customer, and InstaDebit customers must be at least 18 years of age.

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