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Sunday, 12. February 2012 - 19:07:55

Instabedit

overview

What is INSTADEBIT?
How can I send money with INSTADEBIT?
How can I receive money with INSTADEBIT?
What does INSTADEBIT charge for transactions?
What currencies are supported by INSTADEBIT?
In which languages is the INSTADEBIT website available?
Who can register with INSTADEBIT?
Where can you pay with INSTADEBIT?
Security
Regulation
Support

What is INSTADEBIT?

INSTADEBIT is directly linked up with the Canadian banking networks. Customers are able to access funds in their Canadian bank account directly to pay for services purchased on the Internet, or they can open an INSTADEBIT balance account. All in all, the whole scheme can be compared to writing a check.

Personal information will not be passed on to third parties and nobody will ask for any credit card numbers.

Casino

Poker

Sports betting

Bingo

Rummy

How can I send money with INSTADEBIT?

Customers can set up an account at INSTADEBIT by completing the consumer registration form and without having to deposit funds. Instead online purchases can be paid directly from the user’s bank account if there is no sufficient balance on the INSTADEBIT account.

After opening an INSTADEBIT account, the INSTADEBIT IdentifyTM system verifies the customer’s identity and bank account in real time.

On the retailer’s website all customers need to do is to enter their username and password in the pop-up, which is automatically opened after clicking on the INSTADEBIT payment option.

How can I receive money with INSTADEBIT?

Of course one can receive money, e.g. from betting on the right horse at online bookies. In this case funds will automatically be deposited into the user's INSTADEBIT Balance Account. The funds then can further be used to make payments to other merchants. The account holder can also decide to withdraw the money to his bank account, which should take no longer than 5 business days. Unfortunately it is not possible to make withdrawals directly to the customer’s bank account.

What does INSTADEBIT charge for transactions?

There are no fees to be paid for transferring money with INSTADEBIT. The merchant is charged a small fee instead.
If the transaction involves currency conversion though, INSTADEBIT is entitled to a small conversion fee.
Should a user initiate an insufficiently funded transaction, he will be charged $ 25.

What currencies are supported by INSTADEBIT?

You can open an account in Canadian dollars or US dollars.

In which languages is the INSTADEBIT website available?

The INSTADEBIT website is currently available in English only.

Who can register with INSTADEBIT?

At the moment only Canadian residents are allowed to transfer money with INSTADEBIT! (June, 2008)

Where can you pay with INSTADEBIT?

Plenty of famous online poker rooms offer INSTADEBIT as a payment method. Gambling providers such as PokerStars only rely on the most sophisticated security systems. If you follow our link to PokerStars, you can grab a special welcome bonus now!

Security

INSTADEBIT is very concerned about their customer’s private information. The site uses advanced security and the best encryption technologies (128-bit encryption) available.
Additionally, customer details are protected by firewalls and 24/7 monitoring.