Interac is a popular payment option for online gamblers in Canada. One of the main reasons why Interac appeals to so many people is the privacy it offers: users can transfer money from their online bank account into an online casino without sharing their data with another party.
If you tend to use debit cards for depositing and withdrawals at your favourite online casino, Interac may feel familiar, as you can only transfer money already in your account. It’s not a credit card. In fact, Interac is often referred to as “Interac Debit”.
Want to try Interac at a good online casino but don’t know where to start? We know that choosing an Interac casino can be difficult, so here are the top 20 on the market to make it easier.
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If you tend to use debit cards for depositing and withdrawals at your favourite online casino, Interac may feel familiar, as you can only transfer money already in your account. It is not a credit card. In fact, Interac is often referred to as “Interac Debit”.
The Interac network was established in 1984 via Interac Association, a nonprofit venture launched by CIBC, RBC, TD, Desjardins, and Scotiabank. Interac has evolved consistently since, and merged with the for-profit Acxsys to form Interac Corporation in 2018. Interac provides Canadians with a simple, secure payment method for online and offline transactions. It supports a variety of payment types, such as contactless and EMV.
With Interac, online purchases are particularly fast and straightforward. For example, users can make in-app purchases with an Interac card associated with their Google Pay or Apple Pay account. Its widespread popularity and user-friendly nature have led to Interac becoming a common payment method at Canadian online casinos. You can use it to transfer money into and out of your casino accounts safely. Additionally, Interac allows you to play at online casinos with no need to convert your money into other currencies or transfer them to other payment platforms beforehand. That’s ideal if you want to dive into your favourite games without jumping through hoops first.
As with any other payment method used at an online casino, Interac has its advantages and disadvantages. It is crucial that you know these before you start using Interac so you can make an informed decision.
Here are Interac’s pros and cons:
Transferring funds is quick and simple.
Interac is only available in Canada at the time of writing.
Interac is accepted by lots of Canadian online casinos.
Fees may be required for deposits.
Interac keeps banking information safe from sites that may not be secure.
Strong anti-fraud measures in place to protect users.
Interac is the most popular online casino digitalpayment method in Canada. Below we offer a step-by-step guide on how to make a deposit or withdrawal using SOFORT.
Adding money to your account at an online casino is typically easy and convenient with Interac. However, you might still find the deposit process complicated the first time you try. To help you get started, we’ll show you how to make a deposit with Interac step by step.
Register with your chosen online casino, then make your way to the Cashier/Banking section to make your first deposit.
Choose the Deposit option. Next, pick Interac from the range of payment methods available, which differs from site to site. Interac is easily recognisable with its yellow logo.
In most cases, you have two or more options for Interac payments. These commonly include Interac Debit and Interac e-Transfer. Click on the right one for you.
When you know how much you want to deposit, enter the amount. You may also be prompted to provide your phone number or email address at some sites.
A new window will open for you to sign in to the Interac site and complete the transaction. You will need your Interac card number and password or PIN number to verify the payment.
Your deposit should be successful after you enter your details at the Interac site, though you may also need to confirm the transaction before it is processed.
Withdrawing money from an Interac casino is usually simple. The exact process may differ slightly from site to site, but it tends to be similar across the board. Here is how it works.
Go to the Cashier or Banking section of an Interac casino, just as you would to make a deposit.
Click on Withdrawal, then choose the Interac option.
Enter the amount of money you want to withdraw. You may be required to enter your password at this stage, in some cases.
Press the confirmation button (usually labelled “withdraw”) to complete the transaction.
Here are the most common questions we get asked about Interac in Canada.