Roadmap to Using iDebit: Live Casino Payments for Canada

iDebit is among the leading choices for casino payments in Canada, and rightfully so. The collaboration of this payment network with the leading banks in the country leaves little to no questions about its reliability. Two ways to use iDebit – as a guest or as a signed-up user – allow choosing between service fees.

Plus, and it is definitely great news for avid Canadian live casino players, numerous international and reputable online operators recently added iDebit to their cashiers. This means access to premium live content from Evolution Gaming, Ezigi, Pragmatic Play, and many other brands.

Making Deposits with iDebit

Here are several factors you need to consider to be able to use iDebit in online gambling:

• Make sure that the live lobby you chose accepts iDebit transactions, and then register an account with it.
• You need to be a registered client and have a bank account in either of the following Canadian banks: Bank of Montreal, Canadian Imperial Bank of Commerce, Desjardins, National Bank, Royal Bank of Canada, Scotiabank, Simplii Financial, or TD Canada Trust.

From your casino account, head to the cashier. You now have two ways to proceed with your deposit:

In a guest mode. This means, that you don’t need to have a registered iDebit account and instead, will use this banking method as a gateway. Select either of the 8 banks from the dropdown menu and log into your online banking account to verify the transaction.

In this mode, be ready to pay a fixed fee of 1.50 CAD per deposit.

In a sign-in mode. Having an account with iDebit comes with lots of perks and one of them is the fact that casino deposits and withdrawals are fee-free. Registering an account with iDebit is free of charge, too, and can be done on the official website of the service. Among standard registration steps, you will also need to choose and secure a bank account within the system.

In the casino cashier, your steps would be to specify the amount you’d like to deposit and to use your iDebit login and password to approve the transaction.

Both the guest mode and deposits from registered iDebit accounts lead to instant transactions. You will be able to gamble instantly.

Making Withdrawals with iDebit

Two ways to use iDebit for cashouts are the guest mode and the logged-in mode. The difference is in fees. Those who don’t have iDebit accounts will pay a fixed fee of 2 CAD per each cashout transaction.

Payouts are very simple. As long as the balance in your casino account meets the minimum criteria, you will be able to request a transaction. Please keep in mind that if it is your first withdrawal with a particular gambling platform, you will need to pass KYC, which will add up to 48 additional hours to the pending time for payouts.

The funds will then land in your bank account listed as iDebit payouts. Transactions may take up to 5 workdays. It is never fast when the banks are involved.

Things to Know About iDebit

iDebit is in the trio of the most popular bank-related payment solutions in Canada, next to Interac Online and InstaDebit.

Therefore, the most common question is not whether iDebit is a reliable payment method. Instead, players tend to hesitate whether to choose it over the other two.

In terms of service fees, the difference is minimal. For instance, both InstaDebit and iDebit offer their users the opportunity to sign up or to remain guests and to pay the service fees accordingly. The fees don’t differ much, either. InstaDebit’s deposit charges for non-registered users are just a bit higher and are capped at 1,80 CAD.

iDebit comes in handy if you are a high roller. Its daily cashout limits can be raised to 3,000 CAD per day, which is an option that many big winners praise on the gambling forums. This is the factor that also allows to even-out an inconvenience in the selection of banks. iDebit’s pool of financial partners is limited to only 8. At the same time, Instadebit works with almost all the banks in the country.

In many ways, iDebit is a great replacement for any e-wallets because it is so much safer, and it also wins big time when compared to prepaid vouchers. How so? Well, you only need to spend a few minutes to register and can then use this banking method both for deposits and payouts. Prepaid vouchers, for instance, are not compatible with withdrawals.

But even if you choose to use iDebit in a guest mode, the fees are very reasonable while the speed with which your funds are transferred is impressive. Adding funds to the casino account is something that happens instantly.

We also highly recommend the reviewed banking method for anyone who is a high roller. All of the certified lobbies that have iDebit in their cashiers are also equipped with great VIP, Salon Prive, and High Roller live roulette, baccarat, and blackjack releases. Cashing out big wins to iDebit accounts is a simple, cheap, and safe choice.