Interac Online and Interac e-Transfer are exclusive payment methods for Canadian users. This secure and reliable online payment method allows users to make secure payments directly from their bank account using Interac’s third-party payment processor, Gigadat Inc.
Availability of Interac Casino and e-Transfer Casino by Bank
Interac Online is linked to the user’s bank account and connects from the online casino via Interac’s third-party browser window and can be used by the following establishments
- RBC Royal Bank of Canada
- TD Canada Trust
- Bank of First Nations
- Dozens of credit unions
Interac e-Transfer works directly from your online banking page and emails you a transfer of funds from your account to the casino. It is available at the following address.
- All Canadian banks and credit unions
Note: It is now common for the casino to display only the Interac symbol on the deposit screen. The choice of Interac Online and/or Interac e-Transfer will be available once the bank is selected.
What is Interac e-Transfer?
It is a safe, convenient and fast way to send money to anyone in Canada using online banking. The bank or lending institution transfers the money using established and secure banking procedures. Most transfers are almost instantaneous. However, others can take up to 30 minutes.
Interac Online Vs. Interac E-Transfer: Key Differences
Interac e-transfers come in two main forms: Interac Online and Interac e-Transfer.
Here are the key differences between the two:
Interac E-Transfer
- Interac e-transfers are mainly used to send money to family and friends.
- When used in online casinos, the casinos provide a specific e-mail address to receive the money.
- You will then have to answer a security question to authorize the payment through your bank.
- This is the most common money transfer option that players will find at most Canadian credit unions and banks.
Online Interac
- This recipient account offers a payment gateway that allows you to transfer money directly from your bank account.
- To make the transfer, you must log directly into your account.
- Interac Online is fast because it does not require an e-mail address.
Advantages And Disadvantages Of Using Interac In Online Casinos
As with any other payment processor, there are reasons to like or dislike using Interac in online casinos:
CONVENIENCE
You will probably like using Interac. How do we know? What could be more convenient than using a payment method that works quickly and easily? In addition, popular transfers, such as in-app and in-browser purchases, are accessible with Interac. You can transact with Google Pay and Apple Pay with ease and minimal effort.
SAFE
Interac is a secure payment method that Canadians can use with confidence. The company uses a special EMV chip that prevents suspicious activity with your account and protects your personal information. It all starts with security: when you are certain that the option you choose is reliable, only then can you think about using it.
WITHDRAWAL
If you’re looking forward to making Interac withdrawals at an online casino, you’ve come to the right place. With this high-quality payment option, you can both send and receive funds in near real time using ATM withdrawals. It is the easiest and most secure way to withdraw money from your personal Interac account. There are over 70,000 ATMs in Canada, available 24 hours a day, 7 days a week.
ANTI-FRAUD
This payment method is based on a secure EMV chip that ensures that no fraud or third party can use your data and funds. Interac prevents dangerous and unwanted actions such as electronic pickpocketing, skimming, replaying suspicious transactions and other activities.
SPEED OF SERVICE
Fortunately, there is one more thing Interac can boast about: this money transfer company offers one of the fastest services, allowing near real-time transactions. You won’t have to wait weeks for your payment to be approved and processed. So if you are looking for fast service, an Interac casino is an excellent choice.
LIMITED TO CANADIAN CUSTOMERS
Interac casinos are one of the most convenient gaming platforms for Canadians, as the payment method mentioned is fast, secure and easy to use. Also, having many ATMs, players can easily withdraw their funds. The problem is that this money transfer option is limited to Canadian customers.
DEPOSIT AND WITHDRAWAL LIMITS
Unfortunately, money transfers are not unlimited with Interac. This payment method has limits: the minimum transaction amount is $0.01 and the maximum amount is $3,000. Also, in one day you can transfer up to $3,000, in 7 days you can send $10,000, and in 30 days the limit is $30,000.
How We Evaluate Interac and Online Transfer
Only the best CA casinos accept Interac and Transfer and Interac Online as a payment method for online casinos due to the instant processing of each transaction, making it one of the most popular online payment methods. Because of its attractive nature, Interac is used only by the best online casinos, which enables reliable transactions and gives the service a high rating. All sensitive information, such as passwords, banking information, and personal data, is protected by the bank’s and Interac’s security measures.
Why Use Interac in Online Casinos?
Instead of using sensitive information in online casinos, Interac Online users can make transactions between their casino account and their bank account without having to access their bank account. This method protects sensitive information from the activities of third parties and leaves no paper trail between the bank account and the casino. This is all possible because of the process that Interac Online facilitates during registration and account creation.
Players can then transfer and move money using only their Interac account information, which has nothing to do with their bank login information. The registration process is quick and efficient, allowing users immediate access to their funds in a more secure environment. The casinos use Gigadat as their processing platform and have recently removed some of the major banks, Scotiabank and CIBC, from their processing page. If you turn to Gigadat casinos for online Interac processing, be aware that you must use a credit union or have an account with one of the banks listed at the top of the page.
Mobile Casinos That Accept Interac
Full optimization for mobile devices has made it easier for players to use the casinos. All functions are now available on mobile and desktop platforms, from performing essential functions such as gaming, claiming bonuses and rewards to performing online payment transactions.
With reliable payment networks such as Interac, you can link your bank accounts from TD Canada Trust, dozens of credit unions, First Nations Bank and RBC Royal Bank of Canada.
However, some government-run online casinos, such as Alberta Online Casino, have not yet adopted Canada-friendly payment methods, although they do offer attractive welcome bonuses. It should be noted that Interac does not allow a minimum deposit of $5 for all casino sites.
Making Online Deposits With Interac
Below is a detailed description of the steps to follow to better understand how to make casino deposits using Interac online.
- Find a reputable online casino, look for the banking or deposit menu and select the “Make a Deposit” option.
- Choose Interac Online as your preferred payment method.
- You will be asked for an amount. The amount will be deducted from your Interac Online account, so you will need to make sure there is enough money in the account.
- Once you have chosen the amount to deposit into your casino account, a new window will open on Interac’s third-party website where you will be asked to enter specific details to complete the online transaction.
- Once the transaction is complete, the window will close and the funds will appear shortly in your casino account.
Making deposits with Interac e-Transfer
Most Canadians are already familiar with Interac e-Transfer, a convenient way to send money to friends. It works the same way for Interac casinos. They provide a contact e-mail address and an ID code that is entered in the message field. This ID code links the e-mail transfer to your account, so you need to include it. Here’s how to do it:
- Go to the Deposits or Bank section of your casino that accepts Interac electronic transfers.
- Enter your deposit amount and select eTransfer as your preferred method.
- The casino will then provide you with the information you need to make the transfer.
- Go to your online banking site and log in.
- Go to the transfers page and select “Make a transfer via e-mail or eTransfer.”
- Add a new payee with the information provided
- Send the requested amount to the payee, making sure the account ID is in the message field.
- Return to the casino and verify the deposit of your funds.
Withdrawing Money From The Casino Through Interac Online
Casinos using Interac Online allow you to quickly retrieve your money. It has become an incredibly popular method for making quick withdrawals from online casinos. Withdrawals are made directly through a payment gateway provided by Interac.
Interac Electronic Transfer Withdrawals at Canadian Casinos
If you have ever transferred money to friends or family, you have probably used the Interac e-Transfer service to do so. While depositing money via Interac e-Transfer can sometimes be a bit complicated, withdrawing money is definitely simple. Just log into your casino account, go to the ‘Withdrawals’ section and select Interac e-Transfer as your banking method.
You then need to enter the amount you want to send to your bank account and confirm it. Remember that the first time you withdraw money from a casino, they may ask you for several things to confirm your identity. This may include proof of identity, address and the payment method itself.
Interac Casinos Canada FAQ
🍁 Is it safe to use Interac and Transfer in online casinos?
Yes, when you play at a casino that accepts online payments via electronic transfer, you are safe. Always be sure to check that the online casino you choose to play at is regulated and licensed by reputable industry bodies.
🍁 Can Interac deposits be made at any casino?
Currently, Interac is not accepted by all online casinos. However, casinos that accept Interac are not hard to find. You can find the best online casinos that accept the Interac payment system right here on our site.
🍁 Is the Interac payment system for online casinos available outside Canada?
This payment system was designed in Canada for Canadians. This means that when you play at an online casino outside of this country, you will not be able to use Interac as your preferred payment method.
🍁 Do I need to open an Interac account?
It is not necessary to open an Interac account. Simply use a bank associated with this payment option.
🍁 Can I use Interac for withdrawals?
Yes, you can use Interac for both withdrawals and deposits. Always check with your online casino, as some only allow deposits.
