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About InstaDebit

InstaDebit is a popular bank transfer payment method in Canada that shoppers can use to transfer funds instantly and securely from their bank account to merchants, without revealing any personal banking information. To use this payment method, shoppers must register for an InstaDebit account and have a bank account with a supporting Canadian bank.

To make a payment by using this method:

  1. On the payment page, the shopper selects the InstaDebit payment method.

    The shopper is redirected to the InstaDebit website.

  2. The shopper validates the payment transaction on the InstaDebit website.

Payment method properties

The properties for this payment method are described in the following table.

Property Description/ Value

Payment Type

Bank transfer

Country

Canada

Acceptance Currencies

CAD and USD

Settlement to Worldpay Currency

Settlement is in the same currency as the acceptance currency

Minimum Amount for a Single Transaction

1 USD

Maximum Amount for a Single Transaction

50,000 USD

Direct Refunds (Yes/No)

Yes

Chargebacks (Yes/No)

Yes. Payments are not guaranteed and a chargeback/dispute process is available to shoppers. There is a risk of chargeback to merchants.

Payment Method Mask

INSTADEBIT-SSL

statementNarrative (Yes/No)

No

InstaDebit: Example XML order