InstaDebit: A Canadian Payment OptionBy: Shirley Spicer, Friday December 18th 2009
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The last year has seen the growth of many small localized payment options to online casinos. Being a local organization engenders confidence in the local population. One of the reasons for this is that customer support is available in the local language. InstaDebit is one such option that is being used by a large number of Canadian online casino players.
InstaDebit is connected to the Canadian banking networks. It is a simple and secure means of transferring funds from a Canadian bank account to an online casino. The first step is to sign up for InstaDebit. This can be done either from the Cashier section of most online casinos or from the InstaDebit website. It involves entering the player's name, address and ID information. Then the player has to register one or more bank accounts. Once the player has signed up he can fund his online casino account using InstaDebit by entering the amount to be deposited, the email address and the InstaDebit password. The player’s bank account automatically gets debited. The player can also withdraw funds from his online casino account using InstaDebit. The withdrawn funds are credited to the InstaDebit balance account. The player can use these funds for making other online purchases or can transfer them back to his bank account.
There are several advantages of using InstaDebit. To start with the service is free to the consumer. InstaDebit earns its revenue by levying a transaction charge to the merchants, such as online casinos. The InstaDebit system is completely secure. The player is not required to furnish any banking information to the online casino. All online transactions are conducted using the latest encryption protocols. The servers at InstaDebit are secured using the best available physical and electronic security. The system that InstaDebit has put in place has been certified by independent expert agencies like VeriSign. Since InstaDebit is linked to the Canadian banking system it has to comply with the stringent regulations that govern the banking system. This further adds credibility to this payment option and helps increase the comfort level of its users.
InstaDebit offers control and convenience to its users. It does not offer credit. Funds are transferred to the online casino only if the player has adequate balance in his bank account. Therefore InstaDebit does not cause players to wager with borrowed money. Players can login to their InstaDebit account and view all transactions between any two dates. There is no need for statements to be received by post or any such delays. Information is available instantly. InstaDebit is accepted by a large number of online casinos. This also adds to the convenience. Signing up with InstaDebit allows the players wager at most online casinos and hence they do not have to look for another payment option. And last but not the least, InstaDebit offers excellent customer support. A detailed FAQs section is available at their website. Customer support can be accessed through live chat, e-mail and telephone.
Most new online players start with credit card or debit cards as the first choice of payment options. But once they face problems with credit cards they switch to InstaDebit and then stick to it. Very few online players, if any, have reported problems with using InstaDebit.
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