Interac Accepted Online Casinos
Andreea Stanescu
Content Writer
Stefana Chele
Content Writer and iGaming Specialist
Established in 1984, Interac is a Canadian payment network offering secure and cost-effective fund transfers. Ideal for casino transactions, it provides near-instant payments without revealing personal details to casinos. Learn more about Interac online casinos here.
Best Interac Casinos
More About Interac Online Casinos
As an interbank network since 2003, Interac simplifies and secures electronic fund transfers, making it a popular choice for mobile casino payments in Canada.
With its widespread use, evidenced by processing over one billion transactions in 12 months by April 2022, Interac offers a reliable payment method for casino players across Canada.
 | |
|---|---|
| Type of Payment | E-Transfer, Debit |
| Founded | 1984 |
| Headquarters | Toronto, Canada |
| Number of Employees | 201-500 |
| Available in | Canada Only |
Why Is Interac So Popular in Canada?
Interac is used 18 million times a day by Canadians to pay and receive money. As it offers near-instant electronic transactions, many Canadians prefer it for paying at the fastest payout online casinos, shops, and even paying their monthly rent. As a casino player, you could benefit by using Interac in several ways.
- Security and Trust - Interac is supported by nearly 300 financial institutions, ensuring robust security measures and privacy. It stands as one of Canada's most trusted financial brands, with its massive daily usage reflecting its reliability;
- Convenience - The services eliminate the need for physical cash, which can be lost or stolen, and streamline online transactions;
- Widespread Acceptance - Interac offers diverse payment and fund management solutions to Canadians. If you have a Canadian bank account, you can send money to over 75 countries using this payment method.
You can choose from three different Interac payment services to pay at casinos, shops and gas stations in Canada:
- Interac e-Transfer - Recommended for casino players, this service allows money transfers using an email address or Canadian mobile number. To use it, you need access to mobile or online banking. I recommend it for depositing and withdrawing funds from online casino accounts;
- Interac Debit - Mainly used for accessing funds at ABMs (Automated Banking Machines) or POS terminals, it's less common for online casino transactions. However, it remains a secure option for other types of financial dealings;
- Interac Online - In my opinion, it is the best of the pack for online casino transactions, as this method facilitates direct transfers from a bank account. It's a preferred choice for making secure and quick deposits in online casinos.
Interac Has Gone Global Too!
If you have an account with National Bank, you can even pay at an overseas casino accepting Interac payments. Learn more about international money transfers if you want to play games at casinos outside Canada.
Do You Have to Pay Any Fees?
Like the Gigadat casino payment method, Interac e-Transfer remains free for recipients, but as a sender who wants to make casino payments, you may have to pay fees depending on your bank's policy.
Typically, these charges vary based on the type of bank account held, with many accounts offering several free e-transfers and some even providing unlimited transactions at no cost.
For accounts that do charge, the fees for sending an Interac e-transfer are generally modest, ranging from $1 to $1.50 per transfer.
Is There A Limit On How Much You Can Spend At Casinos?
Banks set varying daily and weekly transfer limits. Contact your bank or check out the Interac FAQs to learn more.
Making a Deposit with Interac at an Online Casino - Here's How It Works
To make a deposit using Interac at an online casino, follow these steps:
- Choose an online casino that accepts Interac payments;
- Sign in to your casino account and go to the cashier area;
- Select Interac Online or e-Transfer as your deposit method. Enter the amount you wish to deposit;
- Provide your casino account login and the email linked to your Interac service;
- Complete an initial verification if it's your first deposit with Interac;
- Confirm the transaction details. Wait for a prompt confirmation; the funds should be available in your casino account shortly.
How Secure Is Interac?
Interac e-Transfer is considered a safe method for sending money electronically in Canada. It is ideal for casino payments for the following reasons:
- No Actual Money Is Sent via Email - Although notification emails are sent, they contain no financial details. Transactions are completed through a secure online banking platform, where the recipient must correctly answer a security question;
- Private Banking Information - Your banking details are not shared during the transaction. They are processed within your secure online banking account and the Interac e-Transfer system;
- Integrated with Online Banking - The entire Interac e-Transfer process occurs within your existing online banking account, eliminating the need for separate logins;
- ISO Certified - Interac holds an ISO 27001 Certification, which is why it is trusted by Canadians for secure payments and data exchange.
Should You Choose Interac?
I find Interac e-Transfers to be an exceptionally convenient choice for casino transactions in Canada. It's fast and efficient, with the added benefit of tracking casino spending.
However, you should be mindful of your bank's transaction limits to avoid extra charges. I strongly advise responsible gaming and practicing caution while playing in online casinos in Canada.
Page Contributors
Andreea Stanescu
Content Writer
Stefana Chele
Content Writer and iGaming Specialist
