iDebit is a Canada based company that enables online bank transfers for customers across the world. It’s a payment gateway that works similarly to the Finnish Euteller, German’s Giropay, and Dutch iDeal. Some of the highlights include security, and no requirement for a credit card or registration, although having an account with them has its own advantages. Find out what they are with the rest of the details in the full iDebit overview below. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.
How It Works?
The way iDebit works for consumers is simple and familiar, just the way they pay using their online banking. To start with, select this payment method on merchant’s site to continue with the checkout. If you already have an account with iDebit, then you’ll be prompted to login as a returning user, others simply proceed as guests, without any pre-registration.
The third step is selecting your preferred bank from all major Canadian banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank, Royal Bank of Canada and more. Note that over a dozen of other countries and their local banks are available as well, including Barclays Bank and HSBC for Britons. For the full list, visit iDebit’s official site.
From there, just login to your bank using the same credentials as always, which leads to an approval page, where you can review all the details before final confirmation.
As mentioned above, users also have the choice to own an account with iDebit, which acts like an e-wallet and keeps track of your financial activities.
Security is paramount to any payment service provider and iDebit is not an exception. When making payments using their widget, there’s no information shared between the consumer and the merchant, encrypting the data to avoid any leaks. And since they are the ones who provide the safety tools, iDebit assures that all of their servers are hosted in a restricted access data centre.
There are some charges involved with this type of banking method. Payments for good or services costs a minimum of 1.50 USD or 1 EUR, plus any extra charged by the merchant. For currency conversion, iDebit uses its own rates, which includes a premium to compensate for the currency risk. So if you plan to use their service frequently, consider creating an account and using it as an e-wallet to make payments for free.
For FAQ and support, you’ll find a live chat, email and phone number by visiting iDebit directly.
iDebit is a Canadian company that specialises in the online bank transfer services. Whenever you see their logo in the cashier, you can rest assured most major local banks will be offered for quick and secure payments that come at a small cost. Create an account to avoid fees altogether.
Click to visit iDebit website.
Posted by CCJ Team