Interac payment method for Casinos
Interac casinos offer a secure, easy way to make deposits and withdrawals. Depending on the Interac casino, the minimum deposit amount varies between $10 to $30. Deposits are usually instant while withdrawal times can take between 1-3 business days. Interac is Canada’s number one way to make secure payments online, and that includes online casinos.
Best online casinos accepting Interac
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How to play in a Casino for Real Money Using Interac
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Obtain Interac
Interac is available as a service and is connected to most Canadian bank accounts. To register for Interac, you log into your online banking or mobile app. Go to the Interac e-Transfer section. Go through the registration by adding your email address that you want linked to your account. Go to your email that your bank sends you and click on “Complete Registration”
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Find an Interac-Accepting Casino
It’s quite common in Canada to find Interac casinos. Do a search for the best Interac deposit casinos and a large list will show up. Any Interac online casino will have the logo near the bottom of the main page. This indicates that it’s available.
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Create an Account
Once you’ve found an Interac online casino, you’ll need to go through the process of registering. Click on the sign up or register button. Add any information required in the pop-up form. Click “Complete Registration.”
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Visit the Cashier
Once signed into your casino account, go to your wallet or cashier section. You can either see a wallet icon or go into your account to find the cashier section. Select “Deposit.”
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Select Interac
You’ll see a list of payment options to choose from. Click on the Interac tab, which should be close to the top. You should be able to recognize the familiar Interac logo.
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Enter Deposit Amount
Once you’ve chosen Interac, there are a few ways you can enter your desired deposit amount. There are some standard buttons like $20, $50, $100 that you can select or input your own amount. Once you’ve chosen the amount you want to deposit, click on “Deposit Now” below.
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Confirm the Transaction
You’ll be redirected to a secured page from the bank connected to your Interac card. From here, you’ll go through the process provided by Gigadat Inc. Gigadat specializes in being the main provider for online INTERAC™ payment methods.
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Start Playing for Real Money
Your money will be in your account within a few minutes. You can then start using the money in your account, including playing slots, table games, or live casino games.
Best bonuses for Interac Casinos
An Interac online casino will come with bonuses. Usually, it starts with a welcome bonus for making your first casino Interac deposit. The best bonuses give you a generous amount of match deposit cash to play with along with free spins. There are also no deposit bonuses, which usually consist of free spins and come with no strings attached.
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Read reviewWelcome bonus 100% up to $1,500 + 150 FS
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Read reviewWelcome pack up to $1,050
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Read reviewWelcome bonus 100% up to $1,000 + 120 FS
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Read reviewWelcome pack up to $3,000 + 325 FS
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Read reviewWelcome bonus 100% up to $500
Details about Interac payment system
Interac is a Canadian interbank network. It allows Canadians to purchase goods and services through a connected debit card, credit card, or through mobile banking. The Canadian Bankers Association created Interac in 1984.
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Pay from Your Bank AccountINTERAC® Online allows you to pay on the internet right from your Canadian bank or credit card account. It’s all done in a highly secure way with none of your financial information exposed. Interac e Transfers sends an electronic funds transfer to an Interac casino that accepts Interac payments. Even if the casino doesn’t have an Interac bank, it can still accept your payment.
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Multiple Layers of SecurityWhen you make an online payment at a casino that accepts Interac, you’re protected by multiple levels of security features. Your bank’s security measures include high grade encryption technology.
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Widely AcceptedIn Canada, Interac is the most trusted source of online banking payments. If you’re playing at a Canadian online casino, Interac is almost always a payment method.
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No Personal Information RequiredWhen you make a payment via Interac, you’re redirected to your bank to complete the transaction. This process is secure and the casino never has access to this information.
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Canadian SpecificInterac is available within Canada but if you’re looking to play at casino Interac sites, it’s no problem to make deposits and withdrawals. You and the recipient have to hold a Canadian bank account partnered with Interac. You’ll find Canadian casinos do so it’s easy to use.
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Security MeasuresInterac is dedicated to protecting your privacy. When you choose Interac, you’re securely taken to your bank where the process is managed by Gigadata, a trusted source of payment processing in Canada.
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Real-Time PaymentsMake a deposit in real time with immediate confirmation from your bank. There’s no guessing on when the money was taken from your bank account and put into your casino account.
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Confidential User IDsAs an Interac user, you’ll have confidential user IDs to confirm any payment or withdrawal processing. This is yet another layer of security from your bank and Interac.
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User-Friendly Online AccountFor Canadians that already use their online banking, Interac is going to be easy to work with. The steps are simple and to the point. You’re given instructions on what to fill out when you make a deposit with Interac. When withdrawing, the process is even more simple.
How to make a Withdrawal with Interac
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Visit the Casino’s Withdrawal Section
Go to the cashier section at the Interac casino you’re signed up with. The cashier section can be found in your account section. Click on the withdrawal tab and choose Interac.
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Explore Available Withdrawal Options
Most Interac casinos are only going to give you the option to use Interac as a withdrawal method if you used it for your deposit. However, you may be able to use a bank transfer as an option.
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Select an Alternative Withdrawal Method
Sometimes at an online casino Canada Interac site, Interac is not offered as a withdrawal method. If this is the case, the casino will have a list of other options for you.
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Enter Withdrawal Details
Withdrawals at online casinos that use Interac can be done in a few simple steps. You choose the withdrawal method, choose the amount of money you want to withdraw., and click on “withdraw.”
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Confirm the Withdrawal
Once you’ve input how much money you want to withdraw and you’re ready to complete the transaction, just click on the “Withdraw” button at the bottom of the page.
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Wait for Processing & Receive Your Withdrawal
Once you’ve clicked withdraw, the casino will process your request. This can take a few minutes or up to 72 hours. In total, you can expect to have the funds back in your bank account between 1-3 business days.
Deposit and Withdrawal Time
While deposits when using Interac are instant, Interac withdrawals will be an Interac e-transfer, which can take up to 48 hours to be processed. This doesn’t include the time it takes for an Interac online casino to process your request.
Transaction type
Processing time
Interac Deposits
Instant
Interac Withdrawals
24-48 hours
Fees and Commissions which apply to Interac
Depending on what Interac product you use, the costs will vary. You have to pay a small amount for making deposits with both Interac e-Transfer and Interac Online. However, you don’t have to pay a fee for payouts with either option.
Transaction type
Transaction sum
Fee
Interac Online Deposit
Up to $100
$0.11 to $0.465
Interac Online Deposit
Over $100
$0.47
Interac e-Transfer
Up to $100
$0.50 cents
Interac e-Transfer
Over $100
$1.00
Customer Support Quality
Interac has an impressive quality of customer support. By going directly onto their page, you can access the robust FAQ page. You’ll find all the helpful answers to common questions people have when it comes to using Interac for payments or withdrawals. The page is available in both English and French. You can ask the chatbot questions and if necessary, it will connect you to the support form. Interac will also recommend you contact your bank if it’s a pressing matter.
- Email – Support form
- Phone – 1-888-238-6433
- Live Chat – 24/7
- Social – https://twitter.com/interac
Advantages & Disadvantages of using Interac
Interac is connected to the Canadian bank system and has been a trustworthy financial product for decades in Canada. If you’re looking to enjoy all the top games out there in Canada, you’ll find plenty of online casinos that use Interac. You can use Interac e-Transfer for deposits and withdrawals while you can only use Interac Online for deposits.
Advantages
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Offered by almost all banks in Canada so widely available as there are so many Interac casinos.
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Deposits are instant so you can start playing your favorite casino games at an online casino Canada Interac site. Some other deposit options can take hours or even days to be cleared.
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There are fees involved when you deposit but they are quite low. Compared to using credit cards, Interac is much less. There are no fees when withdrawing through Interac e-Transfer.
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You can make both deposits and withdrawals with Interac e-Transfer.
Disadvantages
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In the past, Interac has been susceptible to phishing scams.
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Only available within Canada but online casinos that provide services in Canada accept Interac.
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While the fees are not high, when you make a deposit, there will be a fee that incurs.
Conclusion
Interac is one of Canada’s trusted payment sources. There are high security features that protect players, which comes from both the bank and the payment processor. When you use Interac eTransfer, you can deposit and withdraw with the same method. Fees are low and deposits are instant. It takes just a few days for withdrawals to make it back into your bank account. Online casinos that use Interac are a trusted, licensed site. This method is a pioneer when it comes to online payments in Canada and has held a good reputation for decades.
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Pioneer in Canada
Interac payment method VS Visa, Mastercard, Skrill, Crypto
Note:
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Privacy & Anonymity: Indicates the level of privacy and anonymity provided by the payment method.
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Controlled Spending: Indicates how the payment aids in responsible gambling practices.
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Widely Accepted: Indicates how many online casinos accept the payment methods.
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Account Required: Indicates whether the payment method requires players to have an account set up.
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Potential Fees: Indicates what fees might be attached for using the payment method.
Information provided is a general comparison and may vary based on specific card issuers, payment processors, and cryptocurrency networks. It’s important to check the terms and conditions, fees, and features of each payment method to make an informed decision based on your individual preferences and needs.
Author and expert opinion on Interac casino bonuses
Interac casinos will often reward players for signing up and making their first deposit. This would include something like a 100% match deposit bonus along with free spins. You should look at wagering requirements first to see if it’s worth claiming.
Some bonuses require a bonus code, which will be sent to you by the casino or is clearly posted somewhere on the site. Ongoing promotions are often available. Just look at the Promotions page. Also, you may be automatically accepted into the VIP Program. This allows you to earn points as you play and receive gifts/rewards/bonuses.
FAQ
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What is the difference between Interac Online and Interac e-Transfer?
Casino Interac sites have increased in popularity so the payment methods have grown. Interac has two products that can be used at online casinos. Interac Online is a direct banking method where your funds are transferred directly to the casino. It’s not available in all provinces and you can’t use it for withdrawals.
Interac e-Transfer is a direct banking method where funds are transferred to the casino by Gigadat. Gigadat is a secure third-party processor that links both parties together. Interac e-Transfer is processed by your bank with Gigadat being the middleman, completing transactions. You can use e-Transfer for deposits and withdrawals.
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What is the minimum deposit for an Interac Casino?
This varies depending on the casino you’re looking to deposit at. Generally, you can expect to have to pay at least $20. There are some low minimum deposit casinos that allow you to deposit just $5 or $10 but these are rare. Also, even though a minimum deposit is $20, you may need to deposit more to be eligible for any deposit bonus offered.
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What are the payment rules for sending Interac e-Transfers?
While there is no minimum transfer amount, the maximum sending limit is $3,000 at once. There is also a maximum 7 day sending limit of $10,000 with a 30 day sending limit of $20,000.
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Is Interac e-Transfer only available in Canada?
The Interac e-Transfer payment method is only available to Canadians. If you’re going to use it, both you and the recipient need to have a Canadian bank account that uses Interac.
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How long will it take until my winnings are paid?
Interac can process payments almost immediately but the Interac casino itself may take time to process your withdrawal request. It may take a few days before you see winnings in your bank account.
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Are my financial details at risk of being exposed when using Interac?
No, Interac works closely with over 250 Canadian financial institutions. When you use Interac, you’re redirected to your secure banking page and the casino has no way to see your information. The payment is securely processed by Gigadat, a trusted online payment processing source.
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How does Interac compare with other payment methods for online casinos?
Interac offers super fast deposits just like you’d see with e-wallets. However, it isn’t the fastest method for withdrawing when compared to e-wallets. But if you compare Interac to credit cards, it’s faster. As for fees, Interac offers much lower fees than other payment and withdrawal options. The minimum and maximum deposits and withdrawals are fair when compared to other payments. Interac is only available at Canadian Interac casinos so we’d say other payment methods might be more widely accepted. Interac is far faster than cheques and wire transfers when it comes to cashing out.
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Why is Interac a good choice for online casinos?
Interac is secure, easy, and comes with very low fees. It’s easy to transfer money from your bank account to the Interac casino. There are multiple layers of security with top technologies that protect your information.
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Can I use Interac if I’m not in Canada?
If you’re a Canadian and you’re outside of the country, you can use Interac for online purposes. However, no players without a Canadian bank would have access to Interac. To have access to the Internet online banking service, you would need to be a Canadian with a Canadian bank account.
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Does Interac offer customer support?
Yes, not only will you get support through your bank when it comes to Interac transactions, there is also full support through the Interac main page. There’s a helpful FAQ section that answers a lot of common questions. You can go through the process of chatting with the Interac bot who can then direct you to the email contact form. There’s also a toll-free number if you need to speak to a representative immediately.
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Are there a lot of online casinos that use Interac?
Interac is a popular payment method in Canada so online casinos that target the Canadian market. Even if the casino is offshore, which is often the case, they are still able to provide Canadians with Interac deposits and withdrawals. You’re likely to see the payment method at any of the top online casino Canada Interac sites.
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Can Interac be used on mobile casinos?
Yes, Interac casinos will also make it possible for you to use Interac on their mobile site. You can do the same banking processes as you would on the desktop version. If you’re using Interac e-Transfer, you can deposit and withdraw. When you use Interac Online, you can only deposit but this is standard whether you’re on the desktop or mobile version.