Welcome to iDebit.eCheckCasinos.ca, an exhaustive compendium of the best iDebit (formerly “instaDebit”) casinos for Canadian gaming aficionados. Our content will provide readers with valuable information to assist in finding the best gaming brands compatible with iDebit’s elite payment systems. You’ll also have access to valuable insights in the field of game theory. In addition, we will look at some of the greatest gaming ventures in both print and media, as well as the future of iDebit Canadian gambling for real money.
Update on iDebit & Canadian Market: 2021
A lot has happened in the last few years. The online gambling industry has been yanked and pulled in all directions, with each region of the world taking its own unique stance on the issue. We’ve had a lot of questions about these changes – questions concerning the legal status in Europe, the US, and of course, Canada, as well as some concerns regarding the availability of the most popular, instant payment methods. To alleviate your concerns, we offer the following updated FAQs as they pertain to gambling online and on mobile. We’ll continue to monitor things so that, if and when additional changes occur, we can keep you up to date on the situation
Is Internet Gambling Still Legal in Canada?
Absolutely! As far as legal concerns go, you have nothing to worry about. In fact, online gambling has never been illegal in Canada. While some things have changed over the years, there have been no major overhauls in the legal system. In fact, things have only gotten easier, with provincial regulators opening home-grown iGaming portals that complement the long-standing availability of internationally regulated online casinos.
The same can’t be said of some other major parts of the world. The Unites States, for example, suffered numerous alterations to online gambling laws, going from wide open, to tight-fisted. More recently, laws were altered again to allow individual states to authorize online gambling as they saw fit. The UK seems to have an intelligent plan in place. Since 2014, online casinos have been able to obtain a license to access UK players, both as locally licensed operators, as well as international licensees. The UK is home to the strictest regulations in the industry, demanding unwavering compliance. It’s kind of become the blueprint for other jurisdictions to follow, or at least build a foundation upon.
Is Instant Banking the Way to Go?
That question answers itself, really. Do you want your funds available immediately, or would you rather wait a while for them to appear in your account? I’ll go ahead and put a check-mark in the ‘Instant’ column for that one. As for the Banking section, transferring funds directly to and from your bank account means you don’t have to divulge any credit or debit card information. That alone is a blessing, as card details are among the most sought after information by online scam artists.
Sure, iDebit has a lot of competition in the payments industry, but when you look at the advantages of instant Online Banking Transfers (OBT), its easy to see why more and more iGamers are choosing these modes of payment.
iDebit isn’t the only OTB available to Canadians these days. As the online casino market evolves and matures, so do the means of funding such accounts. And while we built this website many years ago to herald the benefits of instadebit – now rebranded iDebit – we, too, recognize the need to educate you, our valued readers, on all the worthwhile payment options available to you.
You can now browse eCheck Casinos to discover the best payment method for you, determining whether the speed or availability of one, trumps the features provided by another. Just take a look through our site to learn more about brands like Interac , Paypal, and Citadel. And don’t forget, moving money into your online casino account is only half of the equation. You may also be interested in learning about these Quick and Hassle Free Cashout Options.
Is Playtech the Biggest Developer of Digital Casino Games?
There was a time when Playtech (1999 est.) was regarded as the world’s largest digital gambling games studio, but that time was brief. It was around 2017, when the Isle of Man-based group was growing rapidly through major mergers and acquisitions. While the company is still regarded among the largest and most impressive in the world, the title of number-one was quickly recaptured by Microgaming.
With roots digging back to 1994, Microgaming is the oldest and, once again, largest developer of internet gambling content. Microgaming’s award-winning online casino creations have enthralled countless players for nearly three decades. Regaining the prestigious title came by way of outsourcing small, independent studios – highly talented studios that would have had little chance of survival on their own, but have thrived through exclusive content deals with Microgaming.
Another major developer worth noting is NetEnt (formerly Net Entertainment), creator of such fan-favorites as Gonzo’s Quest, Starburst and Twin Spin slot machines. Following the acquisition of NetEnt by Evolution Gaming in late 2020, the combined company quickly grew to one of the top-three positions, alongside Microgaming and Playtech.
IDebit – How it Works
Online casino operators offer dozens of different mediums to deposit money online. They strive to maintain this ease of deposits, because the easier it is to fund accounts, the better it is from a business and ROI standpoint. Many operators and players alike feel that iDebit is the best option for making deposits.
iDebit is a payment service that connects Canadian consumers with online merchants all over the world. The service operates as an electronic wallet, also known in colloquial speak as an “e-wallet”, or “web wallet”. These e-wallets are essentially online bank accounts, which can be used to transfer and receive funds from online merchants.
What makes iDebit so interesting is that it can serve as a conduit between an online casino and a bank that’s not keen on transferring money for iGaming purposes. The truth is, there are still quite a few local banks that refuse to process iGaming payments, despite the fact that online casinos are not illegal in Canada. They will, however, facilitate a payment to a web wallet like iDebit, which then sends that money on to the internet casino of your choice. The cherry on top – iDebit is also a viable means of cashing out your winnings from an online casino.
Signing Up an iDebit Account
Signing up an iDebit account is quick, easy, and best of all, free. It’s also free to deposit money into your iDebit account, and to transfer money from that account to an online merchant (i.e. make a casino deposit). We’ll discuss iDebit services and fees in more detail below. First, to get started, you’ll need to visit their website at iDebitPayments.com, then press the “Log In / Sign Up” button in the top right corner..
When registering your account, you’ll be asked to verify some personal information, such as your name, address and date of birth. This is perfectly normal security protocol to prevent fraud. Don’t worry – iDebit takes the privacy and security of their member’s extremely seriously. All sensitive data is encrypted, and none of your personal information will ever be shared with or sold to any third party.
Depositing with iDebit
Once your account is activated, you’ll need to link it to your bank account before you can start using it. To do so, you’ll provide iDebit with that name of your bank and its SWIFT code routing number, as well as your bank account number. If the name and address on the bank account match the name and address you signed up your iDebit account with, you’ll move on to the next step.
iDebit will make a small deposit into your bank account via electronic funds transfer (EFT). Once this payment completes, you can log into your online bank account and see how much was transferred. Then, log back into your iDebit account and enter the amount the amount received in the verification input box. This will confirm your account, finalizing a secure link to your bank.
Transferring Funds to iDebit Approved Merchants
From this moment, you’ll be able to make iDebit deposits to any online casino or other merchant that accepts this method of payment. You’ll have the choice of transferring funds into your iDebit web wallet first, or letting iDebit transfer the funds direct from your bank to the merchant. The best part – an iDebit casino deposit is instant. The transfer is facilitated the same way as an eCheck (similar to a paper check), meaning it can take a few days for the funds to actually reach their destination. However, instant digital communications between the casino, web wallet, and bank, ensure that the money is available for transfer. So long as the casino operator knows the money is coming, they are perfectly willing to credit you those funds in advance.
Withdrawing Funds with iDebit
iDebit is a unique instant banking option in that it’s available only to Canadian consumers, facilitating transfers between most Canadian banks, and a bevy of online merchants from all over the world. Being inherently ingrained into the Canadian banking system, withdrawals are quick and easy. It can take 1-2 days for an online casino to process an iDebit withdrawal (or any withdrawal, for that matter). Once processed, however, those funds will appear instantly in your iDebit eWallet. From there, you’re looking at 2-3 business days to transfer it to your bank account. Or, you can keep the funds in your eWallet for making additional purchases later on.
Canadian Banks that Support iDebit Payments
iDebit works with all of Canada’s “Big Five” banks, as well as a few others. The list below might seem small, but these banking networks make up the vast majority of Canada’s financial institutions. They include:
- Bank of Montreal
- Canadian Imperial Bank of Commerce
- National Bank
- Royal Bank of Canada
- Simplii Financial (formerly PCF)
- TD Canada Trust
iDebit Supported Currencies
As a primarily Canadian payment method, you might expect iDebit to cater to Canadian Dollars only. Fortunately, that’s not the case – fortunate because the majority of the online casinos and other iDebit-approved merchants used by Canadian customers are located overseas. As such, iDebit caters to Canadian Dollars (CAD), British Pounds (GBP), and United States Dollars (USD). iDebit does charge a small service fee if and when currency exchange is required. The fee is equivalent to 1.5 units of the currency in your iDebit wallet. Which brings us to…
iDebit Fees and Free Services [Insert ID tag “Fees”]
The majority of the services offered by iDebit are free, but there are some instances in which you may be charged a fee. The following chart details all free and paid services.
- iDebit Service Description Cost of Service*
- Account Registration / Membership Free
- Make a Payment From your iDebit eWallet Free
- Make a Payment Direct from your Bank Account $1.50
- Receive a Payment in your eWallet from an Online Casino / Merchant Free
- Send Money From your iDebit eWallet to your Bank $2.00
- Currency Conversion to/from CAD, GBP or USD $1.50
- *All fees are charged in the same currency you signed up your iDebit account in.
Why Choose iDebit?
Canadians are often encouraged to pay online with iDebit for a variety of reasons. iDebit has been a trusted online payment option since 2002, leading Canada’s e-wallet industry for the last two decades. It is an extremely secure service that operates under the strict regulations of Canada’s federal banking system, working diligently to protect the privacy of its users.
When selecting iDebit as your preferred payment method, the merchant receiving the funds will have access to nothing more than the email address you use to login to iDebit. The merchant will never see your payment information or any other sensitive details about your account. In this way, iDebit provides the peace of mind that your sensitive information will never be exposed to exploitation, fraud, or any other malicious intent.
Top Casinos Accepting iDebit
Being online casino fans ourselves, we are very picky about the operators we do business with. The iDebit casinos listed below have all been tested extensively, meeting our high standards for integrity, fairness, and security. IMPORTANT: All of the operators we recommend proudly display the eCOGRA Seal of Certification, verifying the software has undergone rigorous testing to certify the fairness of all games.
Jackpot City Casino
Established in 1998, Jackpot City is one of the oldest, most reputable online casinos serving the Canadian market. The operator accepts players from a variety of legal and regulated markets, including Canadian players, who have always been welcome to deposit and play for real money. Powered by Microgaming software, members are sure to find all of their favorite games among the hundreds of online slots, table games, video poker machines and other options. iDebit is just one of the preferred payment options on Jackpot City’s extensive list. Canadians can make deposits and withdrawals with iDebit at Jackpot City Casino, and may do so in CAD, avoiding any unnecessary currency exchange fees. First-time depositors are privy to a welcome bonus package worth up to $1,600. A new player’s first four deposits are all matched at 100% up to $400.
Platinum Play Casino
Launched in 2000, Platinum Play is another eCOGRA certified, Microgaming powered online casino, catering to the Canadian iGaming market. Licensed and regulated by the Malta Gaming Authority, players are presented with a massive variety of more than 600 games. Platinum Play supports iDebit deposits and withdrawals, as well as the option to pay and play in CAD. New members can take advantage of a welcome bonus worth up to $800, wherein the first deposit is matched 100% up to $400, followed by a 100% up to $200 bonus on the second and third deposits.
Royal Vegas Casino
Another one of the iGaming industry’s oldest and most respected operators, Royal Vegas has been serving Canada and beyond since 1999. The casino is highly regarded for quick payouts and acute player protections.
For many years, Microgaming was the only software provider supplying game content for this operator. The more recent addition of live dealer games from Evolution Gaming, plus the 3D slot machine powerhouse that is NetEnt, have driven Royal Vegas to a whole new level of iGaming entertainment. iDebit is just one of the many fast, secure payment methods available to Canadian players. Once more, you’ll have the option to deposit and withdrawal in CAD, avoiding costly currency exchange rates and fees. As a new member, you can haul in a hefty $1,200 welcome bonus on the first four deposits, topping up each time with a 100% up to $300 bonus.