InstaDebit once served the Canadian customer specifically, and even though it has spread to over 30 countries it is still connected to the Canadian banking system, which is good news for those of you who are looking for a convenient way of opening up an account at an online casino. That is because there is complete safety and security, which offers peace of mind, since there is always a concern about outside parties having information about these kinds of transactions. This service allows you to open a bank account and have transactions routed through it; when the purchase is made, a merchant does not have access to your personal information. In this day and age of identity theft, this promotes the notion that the less exposure others have to your credit card information, the better off you ultimately are.
At the outset, you are going to be asked by the InstaDebit system to enter certain basic information about yourself, and the vital information, as far as subsequent transactions are concerned, involves which bank account you want to attach to the InstaDebit account. In a relatively seamless way, you are up and running.
Here is a very nice feature about doing business with InstaDebit; you don't have to be a previous member to make a purchase through InstaDebit. Imagine that you are surfing the internet, let's say at an online casino, and you suddenly decide that you want to buy in. You can use InstaDebit, which will take you into a simple signup, and then, just like that, you become an account holder. This process does not inconvenience you in any way. That is one of the reasons why many online casinos make InstaDebit available to its customers, regardless of what language they speak.
One of the other reasons is that the InstaDebit process respects the position of the consumer in the respect that while it does register the account holder and the amount of the transaction, the presence of InstaDebit as the "buffer" in the purchase protects the customer from having specific details about bank accounts or debit cards exposed to the actual merchant. When dealing with establishments that are generally headquartered overseas or otherwise in remote places, this certainly supplies a little comfort.
And the process is not something that is a strange or unfamiliar thing; there is very little difference between executing a transaction through InstaDebit and doing one through a debit card or a check. Money is simply being extracted from your bank account - the one you have registered with the service - instantaneously with your transaction.
InstaDebit makes sense in many ways; for one thing, it is very economical to use, since there are no transaction fees charged to you. And record-keeping is not problematic in any way. Your account page lays out your complete transaction history for you. And any questions can be answered 24 hours a day, through an actual person you can reach by phone.
Please note that while InstaDebit had been established with Canadians in mind, and certainly accepts business in the Canadian dollar, it has expanded to service currencies all over the world.
One possible drawback is that while withdrawals can be made from casino accounts through InstaDebit, they are not an instantaneous process like deposits are. Withdrawals may, in fact, take a few days, but InstaDebit does not charge fees to the customer, whether you are depositing, transferring or withdrawing.