InstaDebit is an electronic wallet that lets you securely transfer money directly to and from your bank account. Consumer facing brand. InstaDebit provides Fast Banking Transfers, real-time banking interfaces and foreign exchange services in countrie Link to external site : Website for Instadebit |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2003 Register/Log In |
| Importance |
Very High Register/Log In |
| Traction |
Medium Upgrade to Bronze |
| Evaluation |
June 2012: No information on the company behind this wallet; Not even able to ascertain country of location Register/Log In |
| Account Type |
Bank Account Register/Log In |
| Business Model |
Consumer Fee; Free to use - no deposit, transaction or withdrawal fees. Free Account to pay to online merchants. Upgrade to Bronze |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Mobile  Web |
 Wallet |
 |
DW  OP |
|
Wallet |
Mobile Web |
| Model |
non-bank based Upgrade to Bronze |
| Who Leads? |
third party led Upgrade to Bronze |
| Reach |
Global Upgrade to Bronze |
| Active Users |
-- NA -- Upgrade to Bronze |
| Registered Users |
-- NA -- Upgrade to Bronze |
| Potential Mobile Market (m) |
337.899 Upgrade to Bronze |
| Regulations |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type |
None Register/Log In |
| ServicesDescription | |
| Channels | |
| Payment Instruments | |
| Cash I/O Description | |
| Cash I/O No Of Locations | |
| Handsets | |
| Technologies | |
| Interoperability | |
| RegistrationProcess |
Sign up for a free account where this payment option is available. Complete registration and start transferring money into the account in minutes. Register/Log In |
| Main Segment | Banked |
| Segment Description |
Online service with the Benefit of being Anonymous, Fast, Secure Online Payment. Withdraw/Deposit from bank account as well as most supported wallets.
•Widely accepted payment option •Instant deposits and withdrawals •No credit card required •Online account access with full transaction history •Supports both USD and CAD denominated websites •Easy re-deposit of funds from balance account FEES: Deposit, Payments: Free; Withdraw to bank: 1.5 cy units |