The system does not allow using the service as an e-wallet. Instadebit is an intermediary between a casino and a gambler. Nevertheless, a registration procedure applies.
In order to be able to deposit some money with a Top Instadebit casino, you will have to provide your identifying data, a bank account opened with a partner bank and the last 4 digits of your social security number. Then, there will be a pending period, during which the staff will verify the submitted information and connect the specified bank account to Instadebit.
The system allows topping-up a casino account using Instadebit as well as withdrawing funds via the same payment system. Still, some gambling websites allow only deposits, while alternative methods should be used to withdraw funds. One of the biggest advantages of the system is the processing speed – transactions are carried out instantly. Delays may only occur when depositing or withdrawing funds via Instadebit is made from/to a bank account. In such a case, the data verification by a bank can take about 5-6 days.
With Instadebit, you can top up and withdraw money to/from online casinos without any commission. The only fees that a client has to pay are those set by the bank that accepts a payment.
Instadebit is a secure payment system with a responsive technical support. You can contact the latter by phone, via email or instant chat, which can be found on any page of their website. The payment system is based on a multi-layer security framework. This is possible due to having a 128-bit SSI protocol in place, which is used by most companies committed to providing their customers with maximum data and payment protection.
An additional client security factor is that you do not need to submit your personal data in order to gain access to their whole functionality. That being said, a gambler can make payments and receive rewards anonymously, which prevents disclosure of the information to tax authorities.