Unlike most of the payment processors, Instadebit is not an e-wallet. It is a funds transfer service. There is no Instadebit account to "fund." Instead, when you make a deposit at a poker room using this service, the money goes straight from your bank account to the poker room, showing up as a check on your bank statement. This lack of an intermediate account can make transfers to and from poker sites much simpler, although without a bank account dedicated solely to online poker, it does make it a little more difficult to track your bankroll.
Another huge plus is that Instadebit charges no fees to its customers. Transfers back and forth are free of charge.
Unfortunately, Instadebit decided to prevent U.S. customers from using its service to do business with online gambling sites.
That said, an interesting note on security from Instadebit's website states, "All attempted fraud and identity theft is reported to U.S. law enforcement authorities, accompanied with the geo-location and ISP identifier data that may help physically locate the perpetrators of the attempted fraud."
Obviously, that won't quite apply anymore to online poker players, but it is a good sign that the company takes its customers' well-being seriously
Another huge plus is that Instadebit charges no fees to its customers. Transfers back and forth are free of charge.
Unfortunately, Instadebit decided to prevent U.S. customers from using its service to do business with online gambling sites.
That said, an interesting note on security from Instadebit's website states, "All attempted fraud and identity theft is reported to U.S. law enforcement authorities, accompanied with the geo-location and ISP identifier data that may help physically locate the perpetrators of the attempted fraud."
Obviously, that won't quite apply anymore to online poker players, but it is a good sign that the company takes its customers' well-being seriously
