iDebit is an online payment method where users can transact through the online banking platform. You only need an online banking account from which you will make payments directly to merchants. The first step is to have a bank account. You can then create an iDebit account and link it to the account.
While using iDebit, the system will prompt you to enter the same username and password as that of the bank for the transaction to go through. Fortunately, users are safe because no information is shared with merchants. As long as you have attained the age of 18, you can open a bank account and use iDebit, which is now available in Canada.
Advantages of iDebit
The biggest advantage of using iDebit is that it safeguards player information through encryption technology, making it ideal for many companies, especially those that deal in online gambling. You do not need to share too much information with the casinos, meaning no sensitive data will leak to third parties.
Furthermore, Top iDebit Casinos allow you to transact directly from a bank account because they do not require using credit cards. This payment option has maintained a good reputation in the online gaming industry. There are minimal complaints from users, making it a perfect payment option for banking.
It is very easy to open an iDebit account because you need a few clicks to sign up and link it to your bank. It is also free and secure because you must verify that the bank you have linked is correct. The standard procedure also dictates that you submit various documents to confirm that the account belongs to you.
Disadvantages of Using iDebit
Despite the massive advantages of using iDebit, this method bears a few limitations. For instance, you can only link it to a bank account before it becomes operational. If you do not have a bank account, the service is obsolete.
Unfortunately, even people with debit or credit cards cannot link them to iDebit because they are incompatible. You will also not like the fact that iDebit is limited to a number of banks. The service is unavailable for customers in some large Canadian banks, which locks them away from enjoying what this platform offers.
Can You Use Different Banking Methods in Online Casinos in Canada?
Canada is one of the leading countries worldwide regarding online casino gambling. There are over 20 million gamblers in the country because it has become a culture to bet. One major factor that promotes this practice is the availability of multiple payment methods. The first banking method includes traditional bank cards like Visa and Mastercard.
Another set of payment options includes e-wallets such as Neteller, PayPal, and Skrill. These options are widely preferred because of their speed, where you can complete a transaction in less than 24 hours. You may also use prepaid cards like Paysafecard to fund your casino account.
Some casinos have adopted cryptocurrencies as part of their banking options. Examples of digital currencies include Bitcoin, Litecoin, Ethereum, and Dogecoin. Most online casinos in Canada prefer this method because they are safe. All transactions are anonymous, meaning users do not need to provide any personal information. Cryptos are also super-fast since deposits and withdrawals happen instantly. You can also transact huge sums of money in this currency.
Secure Online Experience with iDebit on Canadian Websites
Canada has numerous online casinos. Most of them are foreign-based, while Canadian native operators own a few. The websites have iDebit as one of the payment methods, and customers have lauded it as a very secure banking option. You simply need to link the platform to your bank without giving information to third parties.
The site has also incorporated encryption technology to protect player information. Security extends to the online casino, which also must protect players. Therefore, the efforts between iDebit and the websites heavily boost the security of users.
