InstaDebit

Overview
InstaDebit is an online banking service that allows customers to perform their internet payment in a safe and secure manner, using their Canadian bank account. InstaDebit uses a system that links directly to the Canadian banking networks and allows its customers to pay online merchants directly at no cost.

The idea of InstaDebit could be likened to an online check, and in fact the transaction appears as a check payment on the customer’s bank statement.

Unlike other online banking services, using InstaDebit does not require that customers open and fund a separate bank account. Registration is simple, and customers are also guaranteed security and privacy.

INSTADEBIT is no longer available to U.S.citizens. Instadebit is a convenient way for Canadian players to make safe transactions over the internet. For those players who are worried about revealing their banking account and debit card numbers on the Web, INSTADEBIT offers a quick and simple solution.  The company's service complies with the "Fair Credit Reporting Act", and other strict Treasury regulations.

Most online lenders do not share information regarding their land-based server security measures, which often gets overlooked.  INSTADEBIT, however, freely shares this information which includes the use of cutting edge technology, biometric access control, advanced firewall protection measures, ceaseless video and software monitors to protect from virtual and physical attacks, and an on-site security station equipped with bulletproof glass and securitized walling.

An INSTADEBIT account can be opened by providing banking account details through a one-time setup transaction. When complete, funds will be transferred from the banking account without sharing any of the new account holders personal information.  All transactions will be recorded as online checks, making account balancing similar to online banking./

The entire service is free of charges, aside from insufficient fund charges.