Best Casinos with Interac
If you’re looking for high-quality Interac online casinos in Canada, you're in the right place. Here we’ll suggest some of the best online casinos that accept Interac and discuss this payment option in detail. We’ll also point out some of the major advantages and disadvantages of this method and compare different types of Interac transfers.
Choose from our selection of Interac casinos
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What is Interac?
Interac is a popular payment method that’s focused on the Canadian market. It’s basically described as an interbank network that helps with linking various enterprises with financial institutions. In plain English, Interac makes online payments easier, faster, and more affordable. The company was founded in 1984 and was called Interac Association. However, in 2018, it officially became Interac Corporation and is nowadays regarded as one of Canada’s most popular payment options, with more than 450,000 merchants accepting the Interac debit payments. Right now, Interac features 59,000+ AMTS all over Canada that can be accessed via the Canadian Interac network.
How we select our Interac casinos
We take a few things into account when selecting the best online casinos in Canada that accept Interac.
We ensure that all casinos offer you a good reason to choose Interac as your preferred payment method including a smooth sign-up process.
By depositing with Interac for the first time, you’ll be able to claim a lucrative welcome bonus. All casinos on our list also feature many promotions for regular customers.
We made sure that each casino features a rich game portfolio with plenty of games from industry-leading providers such as the global giants Evolution and Microgaming.
Every casino on our list is licensed and regulated by an official regulatory body as well as offering reliable customer support services.
Advantages & disadvantages of using Interac
Interac is a great payment method. The advantages definitely out weight the disadvantages. But let’s take a look of the advantages and disadvantages side by side.
Advantages
- Payments available in CAD — Canadian dollars is the default currency.
- Fees don’t change — Interac has small fees, but they stay the same regardless of how much money you transfer, making it great for high rollers.
- It’s quick — Interac is an instant payment method.
- Easy to set up — You can set up an Interac account in minutes.
Advantages
- Payments available in CAD — Canadian dollars is the default currency.
- Fees don’t change — Interac has small fees, but they stay the same regardless of how much money you transfer, making it great for high rollers.
- It’s quick — Interac is an instant payment method.
- Easy to set up — You can set up an Interac account in minutes.
Disadvantages
- Not available for withdrawals — Even though the majority of online casinos in Canada feature Interac deposits, not many allow withdrawals with this type of payment method.
- Not good for international gamblers — If you’re outside of Canada, you will probably not be able to use Interac as a payment option.
Disadvantages
- Not available for withdrawals — Even though the majority of online casinos in Canada feature Interac deposits, not many allow withdrawals with this type of payment method.
- Not good for international gamblers — If you’re outside of Canada, you will probably not be able to use Interac as a payment option.
Interac online vs Interac e-transfer
Interac e-Transfer is an online payment service that facilitates funds transfer from personal bank accounts to business accounts. It’s connected to all participating Canadian banks, as well as other financial institutions in the Great White North. The e-Transfer service is actually similar to e-checks as the money isn’t transferred by e-mail. Instead, an e-mail is used only for sending instructions to retrieve funds.
Interac Online, on the other hand, requires a payment gateway. In other words, it’s not as direct as Interac e-Transfer, which directly accesses your bank account. Both methods are similar, but it’s up to you to select the one you prefer more. One thing is certain — Interac makes online transactions much easier all over Canada.
How do you deposit & withdraw using Interac?
Here are the simple steps to follow for both depositing and withdrawing using Interac.
How to make a deposit using Interac
Here’s a quick overview of how to deposit your funds with Interac.
- Select an online casino: once you choose a casino, open an account (unless you already have one) in order to become its member. Then, log in to your account to start the depositing process.
- Select Interac e-Transfer: go to the Cashier page and pick Interac as a preferred online deposit method from one of the available options. Pick a bank that you want to use for transferring money.
- Fill out the form: the casino will give you more information about the recipient, and you’ll have to fill out a form on the Interac site using the special password and e-mail.
- Confirm the transaction: once you complete the process, the money will arrive at your casino balance shortly, and you’ll be able to begin playing online casino games with real money.
How to make a withdrawal with Interac
You can complete the withdrawal process following the four steps below.
- Log in to the casino: use your login credentials to log in to the casino from which you want to withdraw your funds and navigate to the Cashier section.
- Select Interac: find the withdrawals tab and pick Interac as a preferred withdrawal option. You’ll also have to pick your bank from the list of available institutions.
- Fill in the form: like with deposits, you’ll have to fill in a form with the required information, including how much money you’d like to withdraw.
- Get your money: casinos usually need some time to process withdrawal requests, meaning you’ll have to wait approximately 4 – 6 days before your funds become available in your bank account.
How your funds are processed
To use Interac e-Transfer, all you need to have is a bank account in one of the eligible Canadian banks and a valid e-mail. Alternatively, you can use a valid mobile phone number. Once you log in to your online banking app and select the account, you’ll have to enter the recipient’s e-mail or mobile number & the amount you want to send and answer the security question. That’s basically all. You’ll just have to share the security question with the recipient to make sure they can receive the money.
Safety & security
The transaction doesn’t actually travel by text message or e-mail. Those are just instructions for sending money. When the receiver gets the message and answers the security question, the instructions will be executed. Interac is a very popular and trustworthy payment option in Canada, which is why it features all the necessary banking procedures that maximize security, including proprietary risk management, financial institution authentication, and transaction and authentication encryption. Moreover, there are other layers of security at play, such as security questions, secure logging process, encryption technology, and more.
Your questions answered
More frequent questions
Here we cover all the most important and common casino issues.