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Interac casinos allow you to complete online transactions from your bank account to your desired online casino in real time. Due to its security features, ease of use, and speed, it’s becoming the preferred choice at online gambling establishments.
In the following article, I’ll be taking a closer look at how Interac online casinos work, exactly how to transact at online casino platforms, and highlighting some of the best features and benefits of this convenient and popular payment method.
The Interac online payment system was launched back in 1984 and is a well-known payment method in Canada. The benefit of this payment system is that unlike bank transfer casinos, you can transfer money between your online bank account and your online casino platform without the need to disclose any financial data.
Additionally, it works in much the same way as debit cards do, since it allows you to transfer as much money as you wish. Therefore, I’ve noticed that Interac is used interchangeably with Interac Debit. If you’re looking for an Interac casino, there’s a number of top rated ones, listed here in the banners of this page.
You’ll find that you can make use of this payment method online casinos using your existing banking information and in this guide, I’m going to explain how you can make full use of this payment system and enjoy all of the benefits that come with it. But first, let’s have a look at the advantages and disadvantages of this payment option.
No payment method is perfect, and the same applies to the Interac online casino transaction method.
Knowing how to fund your online account whether you’re using an iDeal casino or an Interac casino is the first and most crucial bit of information required. Let me explain the step-by-step process in detail:
The process of cashing out is as simple as depositing with the Interac payment system. Something I noticed during my review is that it’s not always possible to make an Interac withdrawal, and if that’s the case, you will need to choose an alternative withdrawal method. But in the event that your casino does allow Interac withdrawals, I’ve outlined the steps below:
I found that there are certain deposit limits applicable to Interac transactions. Additionally, you’ll also need to check your online casino T&Cs regarding transaction limits too, but I’ve outlined the basic limits that you need to be aware of in the table below, and since this is a Canadian casino banking method, I’ve listed the currency in in CAD:
| Deposit limits | Amounts |
|---|---|
| Are limits negotiable? | No |
| Number of deposits per 24 hours | 50 |
| Maximum weekly deposit amount | C$10,000 |
| Maximum daily deposit limit | C$3000 |
| Minimum deposit per transaction | C$5 |
| Maximum deposit per transaction | C$20,000 |
I had to include this information since it’s very easy to confuse Interac online casino payments with Interac e-Transfers, as I found out. So let me explain the difference between these two similar, yet different, types of payments.
As I’ve confirmed, making Interac online transfers is the easier method and there are a number of casinos that accept Interac. You can make the deposits and withdrawals using a secure payment gateway and transfer funds straight from your bank account to your casino account.
Conversely, Interac e-Transfer allows you to make payments using your email address. So when opting for the e-transfer version, you’ll just enter your email address and answer a security question to authorise the payment. After that, you just submit and your payment will be taken from your bank account.
The company behind the Interac system is affiliated with over 250 banks, financial institutions, and credit unions. So rest assured that this payment method offers bank-grade security and is continuously updating their safety protocols.
Another advantage of using this payment method is that it eliminates the need to enter sensitive financial information such as your banking details or credit card information. This is another reason to only sign up and make payments at legitimate online casinos with Interac like the ones listed on our banners on this page.
So when it comes to the Interac payment method, it is one of the safest and most secure online transaction methods available, and platforms that use this method work in much the same way as any Boku casino. While it’s not available at all online casinos, this payment system is growing in popularity and should soon be offered at online gambling establishments worldwide.
If you’re on the lookout for one of the most trusted banking methods available, Interac is the one. This is mainly because the company handled over 6.6 billion transactions in 2018, and this is evidence of its convenience and security. Additionally, Interac has gained a reputation for being quite a speedy transaction method due to the robust team working behind the scenes to affect payments and resolve any issues that may arise during online transfers.
Additionally, it’s the easiest way of using your bank account to make an online payment, which most players are already comfortable doing. So while it’s not offered at every online casino at the moment, the situation may change, considering it is a highly secure and reliable payment option. Don’t forget, for a list of the best Interac casinos, refer to the banners on this page and begin your online gaming journey today.
Unfortunately, Interac is mainly available at online casinos in Canada. So, provided you have a bank account registered in Canada, you can make full use of this online transaction method.
When it comes to e-wallets and other online transaction methods, Interac is a worthy competitor. Due to its safety and security, fast transactions, and low fees, it is one of the best online transaction methods for casino players around the world. Additionally, it’s much faster than cashing out at an eCheck casino or bank transfer.
Depending on the online casino platform you’re using, withdrawals made using the Interac payment system can take anywhere between 24 to 48 hours. This includes from the time you initiate the payout, till the time it is cleared in your bank account.
Yes, you most certainly can. The Interac online transaction method is free of charge; however, depending on the online casino platform you’re using, deposit and withdrawal fees may apply. So always check with the online platform.
Yes, all of the best online casino sites that accept Interac are listed on this page and offer a number of bonuses to new and existing players. This includes welcome bonuses, deposit bonuses, reload bonuses, and various other ongoing promotions.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
