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Interac is a popular payment method on Canadian online casinos as it delivers quick deposits and fast withdrawals. You have probably Interac listed with other payment methods if you have played casino online in Canada before. In this guide you will find a list with all online casinos that accept Interac and we explain how you register and deposit safely at the best Interac casinos in Canada.
There are plenty of Interac online casinos, but a few stand out as a whole, having a great overall product and handling Interac deposits on a daily basis. We have listed the very top Interac casinos in Canada where you can get good offers by using Interac as a payment option:
Online casinos today have a plethora of banking options, and one of the most popular among players is Interac, simply because it handles fast deposits and withdrawals. It’s also a stamp of approval from our tests, if the casino has Interac as a banking option. The quickest way to find out if an online casino accepts Interac is to visit the casino’s website where it’s presented on the bottom page where you can find all banking options. Check out our top casinos which accept Interac.
To use this payment option, you need to have a Canadian bank account or be in a credit union or other institution that is part of the Interac network. However, to send and receive money, you’ll need just a valid email address or a Canadian phone number. Currently, many businesses are accepting Interac payments—casinos and online gambling included. So, let’s dive a little deeper and see how it works in a casino environment.
Interac is a popular payment method in Canada, and it’s a convenient choice for casino players. A large number of casinos already accept Interact as a payment method both for deposits and withdrawals. To help you understand Interac casino payments, here’s a quick guide to casino deposits with interac.
Go to the deposit section in the casino and choose Interac as the deposit method.
Provide the required details for the casino and select the account you want to deposit from.
Choose the amount that you want to deposit and approve the transfer to safely transfer the money.
You are now ready to play casino online. Don’t forget to activate the bonus if you chose one!
As you can see from the steps listed above, depositing with it is very straightforward. Withdrawals are simple too, and they can be completed from the My Account section in most online casinos. You’ll need to select Interac e-Transfer and enter the amount you’re withdrawing, but know that some casinos might need to conduct a KYC check before they approve the withdrawal.
When you’re playing at Interac casinos, you can be offered one or two viable Interac payment options: online and e-transfer. Now you wonder what the difference is between the two—and there are a few! So, before you select one of these, it’s good to know what you’re in for.
This method transfers money to the online casino directly from your account without involving any third parties, such as your bank. However, this method is available only in certain financial institutions, for example, the Royal Bank of Canada and the First Nations Bank.
Even if you have an account with one of these institutions, but your debit card is a Visa or a MasterCard, the online method will be unavailable to you. Before you choose this as your preferred payment method, keep in mind that it’s only viable for deposits – Interac Online doesn’t allow withdrawals. On the upside, the deposits are instant.
When you’re conducting transactions with Interac e-Transfer, the money is processed by a third party, i.e., the bank or financial institution where your account is registered. But unlike Online, e-Transfer is available for all banks and institutions included in the network.
Both deposits and withdrawals can be conducted with Interac e-Transfer, but you might have to wait a little longer for the transaction to go through. It is slower than online, but you do not need to add another payment method to withdraw your funds.
Just as with any payment method, using it in an online casino has advantages and disadvantages. Below, we’ll discuss both the good and the bad, so you can see what prevails. The most prominent advantages include:
While there are no real downsides to this payment option, there are a couple of things that might bother users:
Interac transactions are fast and secure, making them the perfect method to use at an online casino. There are plenty of Interac casinos to choose from on the Canadian market, so you can take your pick and rest assured that your money is safe. Banking with a local payment option is the advantage you need when gaming!
It’s processed instantly and will take up to 30 minutes max.
Yes, it’s considered one of the most safest methods due to not transferring personal data.
Over 250 institutions and major banks offer it and you can find the full list of banks supporting Interac e-transfer here.
Yes, for transactions with casinos it costs $1 as a flat rate. Sometimes this can be up to $1.50 depending on how much you transfer to your casino account.
Interacs e-transfers are instant.
Yes, unlike other payment methods you’re always eligible to claim a bonus by every casino. We recommend checking the terms and condition of the casino to make sure they use Interac together with the bonus terms and conditions.
Interac is owned by Interac Corporation and was founded 2018, but started in 1984 when Canadas major financial institutions came together, figuring out electronic payments.
Yes, not all casinos in Canada have the method though. You can find all casinos using Interac on this page where we list the best operators.