It’s easy to understand why so many online casinos operating in the Canadian market support payments such as Interac e-Transfers. The tricky part is singling out the best casinos from the heaps of inferior gambling sites flooding our channels. But don’t fret. At AllBonusCodes, we’ve done the heavy lifting. This definitive guide to Interac casinos is here to help you on your journey.
An Interac casino is an online casino that supports Interac payments and provides real money gambling games. At these casinos, you can deposit and withdraw using Interac, one of the safest payment methods in Canada.
The best part is, you don’t have to create an Interac account to benefit from its services. Interac is a direct transfer method created by several of Canada’s leading financial institutions to give Canadians more power over their money.
To use Interac to complete transactions at online casinos, select it as your payment method when you deposit or request a withdrawal. It’s that simple.
Interac e-Transfer and Interac Online are two separate payment solutions offered by the same financial provider. Both payment methods offer state-of-the-art security but they work differently from the user’s perspective.
Completing an e-Transfer is the equivalent of sending money from one bank to another. If you are using e-Transfer to deposit at an online casino, you are sending funds from your bank account to the casino’s account.
To implement the transfer, you log into your online banking, select Interac e-Transfer, enter the email address and the amount you want to transfer, and click the ‘Send’ button. How is this different from other payment methods? With e-Transfer, the process of transferring funds is completed in your online banking – not in the online casino.
Interac is widespread in Canada because it is linked to all Canadian banks. Users don’t have to create separate accounts to use the service as it is already integrated into their online banking profiles. In other words, if you have an open account at a Canadian bank, you can start using this deposit method immediately.
You can also use it for withdrawals. Most online casinos that accept Interac deposits also support withdrawals – and vice versa. By the same token, the gambling sites that support Interac Online also support e-Transfers – and the other way around.
Using Interac Online for casino transactions is similar to using a regular debit or credit card provider. You’ll select it as your deposit or withdrawal method and will then be redirected to a secure instant banking page to complete the transaction. On this banking page, you will be required to enter your banking credentials.
Interac casinos are convenient for players because the only limits on the amounts they can deposit are the limits imposed by their bank or credit provider. Interac also does not charge any additional fees for facilitating these transactions.
From a player perspective, using Interac Online for casino payments is very similar to using your debit or credit card to deposit and withdraw. To complete e-Transfers at online casinos, you need to log into your bank account. So, let’s look at a few alternative payment methods that don’t require you to log into your bank account.
PayPal is an e-wallet that lets you transact online in more than 100 currencies. With PayPal, you can deposit at online casinos directly from your bank account. Topping up via your bank or debit card is free, which is why many people choose PayPal. The maximum amount that you can transfer to your PayPal account is USD 10,000 per transaction.
It’s free to open a PayPal account and you’ll be able to complete online casino transactions without sharing your bank or credit card details.
Pay by phone lets you deposit at online casinos without entering your financial details. Withdrawals via pay by phone are currently not supported. If you have a contract with your phone network carrier and receive a monthly account, your deposit will be added to your phone bill. Essentially, you’re depositing at the casino on credit and paying for it when you pay your phone bill.
Prepaid phone users can also use pay by phone at online casinos. However, if you’re a prepaid customer you must have the balance available on your phone to deposit.
Neteller is an e-wallet that lets you transact online. When you deposit or withdraw at a casino, all you need to enter is your Neteller ID. Transactions are more private since you don’t have to provide the casino with bank or credit card details. Another benefit is that Neteller withdrawals are instant.
You can fund your Neteller account using most debit cards, credit cards, transfers, and prepaid cards. It’s free to open a Neteller account, however, there are fees when you top up it up.
Skrill is an e-wallet that facilitates safe and secure online transactions. It’s free to open a Skrill account. You can deposit and withdraw at online casinos instantly, without entering your debit or credit card details. Before you deposit, you’ll need to have funds in your Skrill account.
You can top up your Skrill account from your bank account, credit, or debit card. You can also use Paysafecard to fund your Skrill account. There may be fees when you deposit into your account. The fees change from time to time but they are below 3%.
Paysafecard is currently only used for deposits at online casinos. This is because Paysafecard is considered a prepaid card. When you use it for casino deposits, it works the same as prepaid vouchers. You can purchase a Paysafecard PIN with a specific value and then enter the PIN at the casino. Your casino balance will be topped up with the value of the Paysafecard that you purchased.
Paysafecards can be bought online and at retail stores. Most online casinos don’t charge any fees for Paysafecard deposits and you can still claim the deposit bonuses.
Now that you know more about Interac, it’s easy to see that Interac is pretty simple compared to alternative payment methods. You can begin using it without signing up for a separate account. This makes it convenient to start transacting with Interac right away. Users also enjoy the added level of security that Interac adds to their online transactions.
Most online casinos don’t charge any fees for Interac transactions and deposits and withdrawals are instant. Casino players can claim the deposit bonuses when using this method of payment, whereas some alternative payment methods are excluded from casino deposit offers. Interac doesn’t place maximum limits on how much you can spend when you’re using it online. However, your bank or credit union may limit your spending.
If you’re keen to start reaping the benefits of this secure payment method, pick a casino from our list of the best Interac casinos. You’ll find a great portfolio of games, speedy deposits and withdrawals, an easy registration process, awesome bonuses, and great customer support at these top casinos. Don’t waste your time at casinos that offer you any less than the best!
No, you don’t. If you want to use Interac to complete your casino transaction, simply select it as your payment method when you deposit or withdraw and follow the prompts.
Interac adds additional security to your casino transactions. Your transaction will be encrypted and you don’t have to share your financial information with the casino.
You can find the best casinos accepting Interac right here on this page. Simply choose one of the casinos from our toplist of Interac casinos.
Yes. Interac is a trusted financial service that is linked to Canadian bank accounts. You can process Interac e-Transfers by logging into your banking profile.
Interac does not charge fees for facilitating online casino deposits. Most casinos do not charge fees for either. However, casinos can charge fees at their discretion.
Once a casino has released your withdrawal, Interac will process it. Since Interac Online and e-Transfers are transfers between banks, it could take up to 5 business days for the withdrawal to reflect in your account.