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For online gamers, and gamblers especially, it can feel like too much of a risk to hand banking information over to web-based gaming platforms. In Canada, Instadebit has taken off as a neat solution. The payment option behaves as a secure middle party, allowing Canadians to pay for their gaming pleasures directly from their bank account without the need to share personal or sensitive information.
Like so much of the rest of the globe, iGaming in Canada is so incredibly mainstream precisely because it comes with elements of both fun and risk. While many take no issue with passing along their financial information to large, well-established platforms, some have found that separating their finances with a middleman puts them at ease when paying to play at smaller sites.
While Instadebit isn’t the only solution to keep gambling transactions more private, it has filled a much-needed niche in the market by helping remove any lingering doubts over the trustworthiness of an iGaming space. Now, even if a site is unable to protect itself from cyber breaches or attacks, players can breathe a sigh of relief knowing their information isn’t at risk.
It’s fair for players to have concerns over safety
There’s a common understanding today that banking and personal details shouldn’t be left out for anyone to see, and absolutely should never be handed out freely to any site that asks for it. Reasonable concerns are heightened when it’s time to enter an unfamiliar online casino for the first time. Access isn’t free, and that means some kind of online transaction can’t be avoided. Scams are an unfortunate fact of online life now and it pays to be extra careful.
Credit card payments used to fill this need neatly, but when Canadian banks began limiting credit card payments on gambling activities, players were left with next to no straightforward options other than direct debit payments. Naturally only the bravest, or most foolish, players would put so much trust in a platform to hand those details over willingly.
Unlocking entertainment without compromising safety
Casino operators in Canadian territories know that they’ll get no business if players don’t feel like their details are being kept safe. So, when Canadian-built Instadebit and other financial transaction intermediaries began opening up shop, it just made sense to partner with them. Players now have a way to keep their personal bank account one step away from an iGaming platform, as long as they have created an Instadebit account.
Not every platform is an Instadebit merchant partner, but quite a few top options are. Finding out exactly which ones offer the option can be a difficult task, but certain places on the web have made the search simpler. Online resources listing and ranking credible platforms in Ontario, based on whether or not they are casinos that accept Instadebit transactions as payments, have become a valuable research starting point. As long as players only follow up-to-date resources, these guides can steer them to the kind of entertainment they want to unlock without compromising their data safety.
Closing the trust gap in Canada
Instadebit is not the only transaction option that ensures trust is upheld by keeping some precious amount of information private, but it is one of surprisingly few designed entirely with Canadians in mind. The service is available to all Canadians who are 18 years old or older and claims to be compatible with almost all financial institutions operating in Canada. It only accepts USD and CAD and while it may initially seem to work just like an e-wallet, it’s not considered one because account holders can’t directly deposit or withdraw their account funds into their linked bank account.
Some of its most notable built-in features designed to tuck personal information away from prying eyes includes anti-fraud systems, 128-bit encryption technology and data-protection shields. Together, these security-focused details, which Instadebit claims are some of the most advanced in the industry today, make it much more difficult for a person’s financial information to be accessed via a breach or attack.
Instadebit details worth noting
Canadian gamblers who are thinking of choosing to set up an Instadebit account should have a well-rounded idea of what’s in store for them. The account creation process will ask for some personal verification details so the service can ensure a person really is who they say they are. Individuals looking for complete privacy might be discouraged by this fact, and may decide to turn to crypto wallets and payment options instead.
While going down the cryptocurrency path does offer even more than Instadebit in terms of complete data privacy, it’s not a path without any risk. Before deciding one way or the other, be sure to understand how the service protects personal data and be aware that many coins, even the largest, can change in value quickly and erratically. Anything from a regulation change to a clickbait headline could cause the volatile value of a cryptocurrency to dip or rise sharply.
Options like Instadebit are local industry builders
A player base that feels secure when handling the money side of iGaming entertainment is one that will continue to grow and thrive responsibly. Instadebit is a welcome addition to this space because of the trust it’s managed to bolster through its no-nonsense approach to information security.
