What is Instadebit?
Instadebit started as a Canadian online payment provider close to ten years ago and has quickly become the most popular Canadian sportsbook deposit method. Instadebit works just like PayPal. They act as an online wallet that can facilitate transfers to and from your personal chequing or savings account, to the online sportsbook of your choice.
Instadebit is a Canadian company with a great reputation among clients and sportsbooks alike.
Is Instadebit Safe and Secure?
Instadebit employs 128 bit encryption and each transactions is securely monitored and audited by Verisign and TRUSTe, the leading security firms in that industry. Your identity and bank information will never be shared with any third parties or online sportsbooks.
Banks that Work with Instadebit
Instadebit supports transfers from the most popular Canadian Banks. This includes RBC, BMO, Scotiabank, PC Financial, TD, CIBC, Tangerine, and HSBC.
Fees for using Instadebit
Instadebit is a very cheap and easy to use solution to transfer money to and from your bank account, and online sportsbooks. Below are the fees Instadebit charges.
- Set up Account – (Free)
- Deposit to Instadebit – (Free)
- Transfer to Sportsbook – ($1.95)
- Withdrawal to Bank Account – (2.00)