When it comes to online banking, Canadians are spoiled by choices. However, very few of the modern options offer direct bank account-merchant transfers. This is where iDebit comes into play: a super-fast, secure, and cheap way to do direct online banking.
Unsurprisingly, iDebit casinos enjoy such popularity, spreading out like mushrooms in cyberspace. How can you get a piece of the cake? Our team of gambling experts at CasinoOnlineCA.ca will walk you through all you need to know to use iDebit in online casinos to your advantage – for more play and bigger gains.
Step-by-Step Guide to Depositing and Withdrawing with iDebit at Online Casinos
Prepare Your iDebit Account for Casino Play
Assuming you already have an iDebit account linked to one of the supported Canadian banks, it’s time to prep it for gameplay by increasing its security via 2FA.
In 2021 alone, around 70,000 cyberattacks were registered in Canada. If you don’t want to fall victim to hackers and cybercrooks, you’d better activate a two-factor authentication option in your iDebit account. Here’s how to do it:
Activate 2FA on iDebit
- Make sure you are logged in to your account.
- Find the 2FA option in the security settings in your profile section and turn it on.
- Choose your preferred authenticator app from a list.
- Download and install your authenticator app.
- Scan out the QR code with your authenticator on the app, and it will generate a unique verification code.
- Enter this code and the specified field on the iDebit side and wait for a message confirming that iDebit is active and linked to your Authenticator app.
- Write down and save any backup codes iDebit provides or your Authenticator app. These can help you quickly resolve logged-out situations.
- Enjoy safer money transfers to and from your favorite iDebit casino.
How to Deposit Using iDebit in Online Casinos
- Open up an account in your favourite iDebit-supporting casino.
- Fill out the registration form with the necessary information and choose a password.
- Go to the “banking” option on your casino profile and choose “deposit.”
- Select iDebit from the provided list of options and hit confirm.
- Sign in to your iDebit account using another tab.
- Enter the required information to complete the payment, including the amount you want to transfer.
- Enter your two-factor authentication code and verify the payment.
- You can return to your favourite online casino and start playing instantaneously.
How to Do Casino Withdrawals with iDebit
iDebit is primarily used for deposits, but some online casinos allow you to withdraw your winnings using this payment method. Although the process is lengthy, it is very simple.
Here’s how you can do it:
- Log into your casino account.
- Check if you have the minimum amount of winnings eligible for withdrawal (different for different casinos).
- Choose “banking” from your casino profile menu and click withdraw.
- Select iDebit as the withdrawal method and indicate the amount you wish to withdraw.
- Click confirm, and be patient! Your winnings will appear in your iDebit account in 3-5 days.
- Withdraw your winnings to your bank account.
How to Maximize Your iDebit Casino Gains
Winning at casual gambling not only increases your budget but also your self-esteem. So, learning a thing or two about how to increase your gains from online gambling is always a good idea. If you want to read more about the benefits of casual gambling, click here.
Now, here’s how you can make iDebit your ally in the battle player/casino:
Be Aware of the Transferring Fees and Plan Your Deposits/Withdrawals Accordingly
Although opening an iDebit account and transferring funds to your e-wallet is free, iDebit employs affordable fees for other services. For example, transferring funds from your bank account directly via iDebit is subject to a C$1.50 fee. So, if a minimal deposit for receiving a welcome bonus is C$20, you’ll need C$21.50 in your bank account. Withdrawal transactions are subject to a C$2 fee per transaction. These can change, so check your iDebit notifications before you rush to deposit.
Get Your Hands on Time-Sensitive Casino Bonuses
iDebit, with its instantaneous transfers, gives you the upper hand when chasing after time-limited bonuses. You won’t get left out if that’s some birthday bonus or the final push in a hot tournament.
Turn on the Notifications for Casino Promos
Setting up promo notifications is wise since you can play immediately with iDebit as a payment method. You’ll win better through free spins, lotteries, deposit matches, and other enticing promos.
Join a Loyalty Program
Consider joining a loyalty program that gives you free points for using iDebit as a payment method. This way, you can climb the loyalty ladder quickly and reap the gains at each level.
Use iDebit as an E-Wallet for More Financial Perks.
Although iDebit is mainly used as a money processor, it can also hold a balance and be used as an e-wallet. You can load your regular iDebit account as a more cost-effective way to deposit/withdraw while online gambling.
More precisely, here’s what you can expect from the iDebit e-wallet:
- Sign up with your iDebit account and fund it like you would an e-wallet by transferring money onto it.
- This means fee-free deposits to a casino site. Since you’re using the iDebit balance and not your bank account, you’ll save up the C$1.50 fee for each direct transaction from your bank account.
- You can also withdraw your winnings as an iDebit balance and get them sooner. E-wallet processing times are far shorter than those made directly to your bank account. However, this service may incur a fee.
“Using iDebit as an e-wallet grants you a firmer grip on your funds, allowing you to predetermine your bankroll. This way, you’ll prevent yourself from excess spending while chasing losses whenever Lady Luck is not on your side”, explains James Segrest, the leading gambling expert on our CasinoOnlineCA team.
Tips for Using iDebit for Safe and Secure Online Gambling
iDebit is a payment processor reputed for its security and collaboration with the popular financial institutions and biggest Canadian banks, including the National Bank of Canada.
Besides its excellent reputation, there are a few other reasons that make this payment service a digital fortress:
Encryption: iDebit uses 128-bit SSL encryption to protect user data during transactions. This level of encryption is standard in the financial industry and protects sensitive data from unauthorized access during online payments.
Safe-keeping of bank details: When you use iDebit, you do not share your bank account or credit card details with online casinos. Instead, iDebit acts as an intermediary, keeping your info confidential.
Bank-level security: iDebit transactions are protected by the partner banks’ and their own security measures, providing extra layers of protection.
User control: Users have control over their iDebit accounts and can monitor transactions, which helps them quickly detect unauthorized activity. Regular monitoring is an excellent practice to increase security.
Two-factor authentication (2FA): IDebit supports 2FA through authentication apps, further boosting account security. 2FA is the hacker’s nightmare as it requires a second form of verification at login.
Compliance with National Regulations
IDebit is a bank-grade, secure way to manage online casino transactions. However, to make the most of your gaming session, you also need to pick a secure gambling venue. Here’s a quick guide on how to do it:
Choosing a Secure iDebit Casino
Choosing the right gambling venue is the most important decision that will affect your iDebit-powered gaming experience. iDebit is supported by 250 online casinos in Canada. Here’s what you must consider when picking the right one.
License and Credibility. Check the online casino’s license credentials and user experiences whenever possible. Alternatively, consult reputable gambling platforms like the CasinoOnlineCA website to review casinos that offer iDebit as a payment method.
Checking the T&C Don’t get blindly seduced by promos! Read the fine print on potential fees and wagering requirements in full or with a Ctrl+R option—type “wagering requirements “to scan through the Terms and Conditions.
24/7 Customer Support is not optional. This will ensure you can return to the gaming seat if any issue arises.
Additional Tips for Safe Play at iDebit Casinos
- Always use trusted internet connections to gamble online and when opening your iDebit account. This means avoiding public Wi-Fi hotspots to avoid hacker attempts.
- When signing up for iDebit, create solid but memorable passwords. This will prevent the endless verification hassle associated with password changes.
- Log in to your iDebit account from Canada. Geolocation tools will kick you out of your account if you’re outside the border or use a VPN.
Conclusion
iDebit is a payment processor that will surely boost convenience and financially benefit your online gambling experience.
Players using iDebit have an advantage over others in the online casino craze because of the instantaneous deposits. The top-notch security employed by iDebit enables casino play that’s ever more fun and worry-free. What else do you need? Get on board the iDebit train and start leveraging its casino play perks!