Instadebit

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
Instadebit
Brand
Launched in
Status
Launch
Importance
Traction
Evaluation
June 2012: No information on the company behind this wallet; Not even able to ascertain country of location
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Account Type
Bank Account
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Business Model
Consumer Fee; Free to use - no deposit, transaction or withdrawal fees. Free Account to pay to online merchants.
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Class
Send Services Receive

Mobile


Web


Wallet

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DW

OP
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Wallet


Mobile


Web

Model
non-bank based
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Who Leads?
third party led
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Reach
Active Users
Registered Users
Potential Mobile Market (m)
Regulations
Persona
Purpose
Active Services
Card Type
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.
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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

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