Because credit and debit card transactions are rife with security issues, and because wire transfers take so long to be authorized and cleared, various new payment technologies have been developed to make online purchases simpler and more secure. One of these, is InstaDebit. This monetary transfer facility has links directly to the Canadian banking and Credit Bureau system, and as such, makes depositing funds easy and secure.
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How To Sign Up For Instadebit
To see how it works, I visited www.instadebit.com. Here I filled in a registration form that required some personal information such as name, address and contact numbers, etc, and my identification number. I was then asked to submit details of existing bank accounts, which would be used for online transactions. You see, InstaDebit is not a third-party account, but rather a mechanism that allows me to access funds from my check, savings or credit card account. The debit process is validated by the banking system as mentioned before, so I am assured that my transaction is secure. Whilst I am able to use these very same accounts directly at a casino cashier, I cannot be sure that the credit card information I provide them is fully protected from misuse or fraud. InstaDebit eliminates these concerns.
How To Use Instadebit
Using InstaDebit is simple. Just enter the casino cashier, select InstaDebit, choose the account you wish to debit and the amount you would like to withdraw. Within seconds, InstaDebit accesses your account, approves the payment and electronically informs the casino to credit your account. The advantage to this solution, is that there is no need to register and fund a third-party e-wallet account or to purchase pre-paid vouchers in order to conduct safe online transactions. InstaDebit simply employs top notch security technology to allow you to safely use your own existing bank account.