Payment methods N/A
Market coverage 1
["Canada"]
Canada
Canada
Description
iDebit is an online payment solution that allows individuals to make secure payments directly from their bank accounts. It is primarily used in Canada as a popular alternative payment method for online transactions.
iDebit enables customers to make payments without requiring a credit card. Instead, users can authorize payments directly from their online banking accounts. This service acts as an intermediary between the customer’s bank account and the merchant, facilitating the transaction securely and quickly.
To use iDebit, customers need to have an online banking account with a participating Canadian bank. During the checkout process on a merchant’s website, customers can select iDebit as their payment option. They are then redirected to iDebit’s website, where they log in to their online banking and authorize the payment. The funds are transferred from the customer’s bank account to iDebit, and then iDebit sends the payment to the merchant.
iDebit offers advantages such as instant payment confirmation, no need for credit cards, and enhanced security measures. It is a convenient option for individuals who prefer using their bank accounts for online payments or who do not have access to credit cards.
