For many years now, people have been playing casino games from the comfort of their own home. The list of available online casino games is truly mind-blowing – and so is the list of available online payment methods at online casinos.
At present, online gamblers who play at real money casinos can select one of many online payment methods to fund their web-based casino accounts, depending on their location, preferences, and, of course, on the list of accepted payment methods at a given casino. Wondering why does the location of the player matter? Well, because some methods are available in just a few countries. What is more, payment methods like Instadebit are available in one country exclusively.
If you are curious about what are the advantages to deposit with Instadebit at online casinos, keep reading the lines below – we give you an invaluable insight into the advantages and disadvantages of using Instadebit. But first, let us familiarize you with the service.
Instadebit works with banks in Canada, allowing its users to conduct money transfers on the web in a secured and safe manner. Essentially, the platform allows consumers to deposit and withdraw funds to their bank account quickly and easily, and the method does not impose high fees either.
Instadebit can be used in Canada and setting up an account is as easy as pie. To open an account, users have to fill out their personal information, provide a valid e-mail address, and add their bank details. Setting up and account with Instadebit is 100% free and the account is usually available almost immediately after registration.
What makes Instadebit preferred by Canadian online gaming enthusiasts is that it is accepted at most online casinos in Canada.
Advantages of using Instadebit
As many online gamblers know, there are several elements which make an online payment method appropriate for online gambling. The ideal online casino payment method should offer high levels of security, immaculate customer support, as well as quick transaction times. Luckily for Canadian gamblers, Instadebit offers it all.
To begin with, Instadebit utilises cutting-edge encryption technologies to protect players’ personal information. The payment method relies on 128-bit encryption to guard players’ data. What is more, all accounts are monitored 24/7.
But Instadebit’s security level is not the only reason why it is so widely used in online casinos. Apart from that, the online payment system offers good customer support, which is available 24/7. Should any problems occur, players can reach Instadebit’s customer support representatives by telephone, live chat, e-mail, or post.
Instadebit withdrawals tend to be very fast – it takes no more than 72 hours for Instadebit cashouts to be processed and credited, which is great news for casino enthusiasts. On top of that, the online payment service uses several currencies, separating different currencies in the account balance. Last, but not least, with Instadebit, players do not need to reveal their bank account information to third parties.
Disadvantages of using Instadebit
Evidently, Instadebit offers various benefits to Canadian casino players, but it has some disadvantages, too. First and foremost, the payment method is only available in Canada, and it does not work with all Canadian banks, either. So, any Canadian player wishing to open up an account with Instadebit has to check which banks work with it. Moreover, as Instadebit is a Canadian payment method, the number of casinos accepting the method is very limited, too.
Additionally, an Instadebit account can link to only one bank, so those who want to spread over multiple bank accounts should not choose this method. Finally, Instadebit requires a full set of documentation to prove the user’s identity, meaning that the payment method is not anonymous.