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Instadebit

Instadebit is a Canadian e-payment facility which enables Canadian bank account holders to make online payments quickly and easily at low cost. It is supported by all the major banks and financial institutions in Canada. It works by transferring funds directly from the customer’s bank account to the account of the merchant the customer is buying from. Transactions can be undertaken in both Canadian and US dollars, which is an important consideration for Canadian consumers, where the relationship between the American and Canadian economies is very close.

When a customer registers for an account with Instadebit, a separate account is created, into which the customer transfers funds which can be used to make online payments. The account is free to set up, and also to use, provided that there are sufficient funds in the account to cover any purchase. If there is insufficient money in the account, the transaction can still go ahead, because money can be transferred into the account automatically from the customer’s own personal bank account. However, there is a small transaction fee for this service of around two Canadian dollars (CAD).

Security is enhanced by a unique feature which occurs when a new account is created. Customers are initially given a low spending limit, but shortly after opening the account, a small amount of money is deposited into the account by Instadebit. The new customer must then check his or her statement to discover the precise amount before logging back into their account to verify the precise amount deposited. This acts as verification that the customer and account are genuine. At this point, the spending limit is lifted to a more practical level.

When a Canadian customer wishes to make an online purchase, they merely have to click on the Instadebit icon on the online merchant’s website, and log in to your account. If you do not already hold an account, one can be set up during the transaction, provided that the customer has a valid Canadian bank account. From there, just one further click authorises the payment.

This form of e-payment is very popular with Canadian online bingo players, because any winnings can be withdrawn directly into the customers Instadebit account and used immediately for further purchases. Not only is this process very quick and easy, it is also accomplished at no cost to the customer. A small charge is only made if the customer chooses to transfer the money into his or her own bank account.

The only major disadvantage involved in using this payment method is that any transaction is treated as if it is a direct cash transfer from the consumer to the merchant. In this way, neither the customer’s bank, nor Instadebit accept any responsibility for the successful completion of transfer of goods or services involved in the transaction. Any dispute must be resolved between the customer and the merchant directly, with little prospect of compensation being forthcoming from the banks involved. This is unlike the situation in the United Kingdom, or when a credit card or debit card is used. In these cases, the bank is responsible for refunding the customer, and must then attempt to recover costs from the merchant itself.

Canadian nationals or account holders may well wish to use Instadebit to fund their online bingo while in the United Kingdom. This is likely to be possible wherever a site accepts Canadian Dollars as an acceptable currency for payment. And to find out the best online bingo site to spend your Canadian Dollars, look no further than Busy Bee’s great site review service for expert guidance.

Full List Of Instadebit Bingo Sites

BeGambleAware.org - Please Gamble Responsibly18+ Only

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Full List Of Instadebit Casino Sites

Barz Casino

Barz Casino

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Atlantic Spins

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SpinShake

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Terms & Conditions: For players in Canada, welcome package offering 100% bonus up to CA$1,200 and 260 Book of Dead bonus spins over first 4 deposits, starting with 100% match bonus up to CA$300 + 50 bonus spins on 1st deposit. New players only. Minimum deposit CA$10. Maximum bonus bet CA$5. All spins are on slot game Book of Dead only. Bonus funds and spins must be used within 30 days. Wagering is 35 times the total of bonus money, deposit and spins. Wagering must be completed before any funds can be withdrawn. Deposits made via Skrill or Neteller are not eligible for the welcome bonus. Full terms apply.
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Captain Cooks Casino

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Bwin Casino

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CasiGo

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White Hat Gaming Casino

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Jonny Jackpot

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Terms & Conditions: We,lcome package C$1000 and 100 Bonus spins, 3 deposits required. 1st deposit offer 100% up to CA$400 & 50 bonus spins on 1st deposit. 18+ New players only. Minimum deposit CA$10. All spins valid on Legacy of Dead. Bonus funds expire after 30 days, Spins after 10 days. Maximum bonus bet CA$5. Bonus funds are separate to Cash funds and are subject to 35x wagering req. (deposit + bonus + spins). Full terms apply.
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Boyle Sports

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Queenplay

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Decent bonus for new players.

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Zodiac Casino

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Power Spins

Power Spins

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Vegas Luck

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Video Slots

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Party Casino

Party Casino

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Terms & Conditions: Welcome offer 50 Free Spins on Starburst on 1st deposit. New depositers only. UK residents only. Minimum deposit £10. Must be used within 7 days. 10x wagering requirement. Excludes deposits made by Skrill, Entropay and Neteller. Terms apply. Please Gamble Responsibly. www.gambleaware.org
Bethard Casino

Bethard Casino

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It’s a bit of a risky name for a casino in the current climate. With the clear instruction to bet sensibly ringing in our ears, remember the campaign slogan: “When the Fun Stops, Stop.” But there’s no denying that it IS a catchy name, and it’s not just a casino...Read More

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By Kevin Adair

Kevin Adair

I am a UK based writer with a decade of gambling content related writing experience. Accuracy and careful research is assured on all content.