Most online transaction solutions require the establishment and funding of an
account with a third party service provider. InstaDebit is a superior web based
payment solution in that it allows the user to transfer funds from their
existing savings or cheque accounts. This is made possible by InstaDebits'
direct links to the Canadian banking system, thereby allowing the user to
securely access funds in their own bank accounts to make deposits at online
casinos and poker rooms in exchange for casino credits or poker chips.
The process is similar to using a debit card or writing a cheque. To get
started, the user registers with InstaDebit which requires the issuance of the
User's name, address and identification number, as well as the bank accounts to
be used in online transactions. Thereafter, all the user is required to do, is
select the InstaDebit payment solution option at their casino or poker room
cashier site, select the amount they wish to deposit and the account they wish
to debit. Within seconds, InstaDebit accesses the required account and
authorises the transaction.
Because InstaDebit is validated through the Canadian banking system and the
credit bureau, all transactions are private and secure. Online vendors never
have access to the user's personal or banking information, and IntaDebits
privacy policy ensures that all information provided to them will not be
distributed to any third parties. Fund transfers are protected by advanced
encryption technology and InstaDebit utilises intricate fraud detection systems
to ensure that their clients' financial data is secure.
There are no deposit fees when utilising InstaDebit, making it one of the
most cost-effective means of transferring funds over the internet. In addition,
InstaDebit offers a customer access section on their website that allows users
to monitor their transactions online, thereby ensuring that they are in control
over their own spending. Moreover, because the user is authorising deductions
from a debit facility, he/she is not incurring debt as he/she would if they were
paying by credit card. Ultimately however, InstaDebits' greatest benefit lies in
the fact that transactions are immediate, and users are able to enjoy their
online casino or poker room experiences without lengthy delays in the deposit
process.
