iGaming is not a new term. iGaming has been progressing by multifold with the advancement of the internet and technology. Casinos have been digitalized over time. Now you don’t have to visit a casino for gambling. All you need is a mobile phone and you can gamble whenever you want.
With the development and expansion of the iGaming industry, their payment methods have also evolved. One of the payment methods in iGaming is iDebt.
Introduction to iDebt
IDebit payment is a Canadian-based system that started online transactions two years ago. Since then, it has become one of the most popular ways for iGamers and other people for casino payments. IDebit payment is a unique payment method that allows customers to pay for online goods and services using their online iDebt accounts in a real-time frame. IDebt is a Canadian-based payment system. It works overseas. IDebt casino payment is an easy and fast way to fund your iGaming accounts.
Process of iDebt deposit and withdraw
The process of iDebt deposit and withdrawal is very easy. Simply you have to visit the cashier and simply select the deposit and then choose iDebt deposit. Just like a deposit, whenever you want to withdraw your winnings, go to the cashier on their website, select withdraw, then choose iDebt withdraw. For withdrawal, you must have the iDebt account first.
How to make an iDebt account
To create an iDebt account you simply have to visit their website and select the signup option. After providing some necessary information your account will be created. All information you provide remains encrypted. iDebt doesn’t share information with any third party.
The fee structure of iDebt payments is free when you purchase or deposit from an iDebt account. Transfer from iDebt account to iDebt account or sportsbook is free.
However, there is a small fee if you transfer funds from the bank to an iDebt account ($1.5) and from iDebt account to a bank account ($2).
Pros of iDebt
Following are the positive aspects of using iDebt payment
- Fast and secure
It’s a fast and secure way to transfer and receive online casino payments. Your information is not shared with anybody. It works in real-time, no need to wait for confirmation.
- No need for iDebt credit card for iDebt casino payments
You can use iDebt casino payments without iDebt credit card. It enables you to directly pay from your account.
- No high fees
Fees of iDebt payments are minimal. There are no kinds of hidden fees. Transfer from merchant to the merchant is free.
Cons of iDebt payments
There are some negative aspects of iDebt too, which are following.
- No iDebt credit card
There is no iDebt credit card, which is needed sometimes.
- Not supported by all banks and casinos
iDebt payments are not supported by all banks and casinos. It is only supported by Canadian banks like CIBC, Bank of Montreal, RBC, Dejardins, National Bank, President’s Choice Financial (PC Financial), Scotiabank, TD Bank.
We can conclude that iDebt is a fast and secure method for casino payments and other online purchases. You can use iDebt as a guest without registering an account. It is rapidly becoming a famous payment method in the field of iGaming.