How to Use Instadebit at Online Casinos
The E-Wallet, which is, in effect, and electronic payment system, comes in different forms. Some of them require that the customer provide funds, whether from a bank account or a credit card advance, to fortify a separate account. Others do not require this, and only act as a conduit for transactions between merchants and customers, offering the "balance account" at the option of the customer.
Either way, the e-wallet has become popular for transactions that are done with online casinos - both deposits and withdrawals - because players know that they understand the security level the player is looking for, and take best measures to provide for the level of privacy and anonymity that online casino players are entitled to. Sometimes the player is signing up from a jurisdiction that might best be described as a "gray area" in terms of the legal status of online gaming. But even if that is not the case, there is no reason the player should necessarily be anxious for his/her bank to have easy access and knowledge to the nature of the transaction.
This is where an entity like Instadebit comes in handy, because on each of the transactions, the bank statement will read: "INSTADEBIT.com 1-877-88DEBIT." It doesn't say "XYZ Casino." After all, whose business is it anyway but yours?
The same goes for the withdrawal process. When you are paid your winnings by a casino, they can come through Instadebit, at which point you will have an account balance. Then you have the option of transferring the funds to your bank account (something that will take anywhere from 3-5 working days) or use that account balance to make further purchases.
Casinos Accepting Instadebit
- Protection through Merchant Services
- Purchasing/signup can be done all at once
- Secrecy with transactions
- 24-hour customer support