Interac Casinos Review – Safety first!
Definitely, one of the top determining factors when players choose their online casino is the wide variety of payment methods offered. With such an expanding gaming market, the top preferred payment methods are e-wallets, cryptos and instant banking.
Interac is a popular online instant payment option in Canada – simply because it is both fast and safe. That is why it is available in all the top Casinos we feature here at CanadaCasino.
How is Interac Safe? Interac is a highly established payment system that needs to follow strict safety procedures to ensure user safety. That is why Interac incorporates high-end SSL technology to safeguard all your KYC and sensitive banking information, whilst still ensuring easy and fast transactions.
What does this mean for our casino players in Canada? You can sit down and enjoy playing any game at your preferred online casino without having to worry about deposits or withdrawing issues.
| Did you know? |
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| Cryptocurrencies are also becoming a favourite option for casino payment methods. Here is our list of top crypto casinos in Canada. |
How to use Interac at Online Casinos in Canada?
Interac offers two different payment methods for casino players in Canada – Interac Online and Interac eTransfer. The latter is generally preferred because it lets you do both deposits and withdrawals. Interac Online on the other hand is only used for deposits.
Some casinos let you use both intertwiningly, along with other linked payment methods to your online casino account.
Are there any fees when depositing and withdrawing at the Interac Casino?
The usage fee for Interac deposits is some of the lowest in the iGaming Market. A basic recap of their fees goes as follows:
- $0.115 fee per transaction of up to $15
- $0.265 fee per transaction between $15.01 to $35
- $0.465 fee per transaction of $35.01 and over
Depending on the online casino, such low payment fees are covered by the online casino itself. Here is a list of top casinos in Canada that both accept Interac as well as cover the above-mentioned transaction fees.
How to place a deposit and withdraw your winnings using Interac
As we have already stipulated above, Interac Online features deposit options only, whilst Interac E-Transfer offers both deposit and Withdrawal options.
We are featuring all three processes below – in an easy step-by-step guide.
Interac Online Deposit
- Sign in to your online casino
- Go to the Payments Page and Select the ‘Deposit’ option
- Insert deposit amount
- Select the Interac Online payment option
- Choose your bank or credit union from the drop-down menu
- Confirm the transaction from your online banking account
Interac E-Transfer Deposit
- Sign in to your online casino
- Go to the Payments Page and select the ‘Deposit’ option
- Insert Deposit amount
- Select Interac e-Transfer payment option
- Answer the necessary security questions
- Confirm the transaction through your online banking account
Interac E-transfer Withdrawal
- Sign in to your online casino
- Go to the Payments Page and select the ‘Withdrawals’ option
- Insert the amount you want to withdraw
- Choose e-Transfer as a payment method
- Confirm the security question
- Confirm your payment through your online banking account
| Did you know? |
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| Generally, withdrawing your winnings take around 2 to 5 days. There are online casinos however that feature faster withdrawals than others. Here’s our list of the Fastest Payout Casinos in Canada. |
Solutions to common issues when using Interac Payment at Online Casinos
Here are the top queries we at CanadaCasino have received for Interac Online Casino Payment.
- How can you check if Interac is an available payment option in an online casino? Generally the payment methods are features at the Footer Menu of any online casino. Others have a dedicated page on payment methods, which can be found also in the footer menu.
- What do I do if the online casino I subscribed to doesn’t feature Interac as a payment? Whilst it is very common for top casinos in Canada to provide Interac as a payment method, there are some rare cases when Interac is not offered. Therefore, we advise you to check if Interac is available before you subscribe to any new casino.
- What if I notice fraudulent activity with my casino Interac account? Interac has a support email that is used to tackle such queries urgently. In that case, please send them an urgent email to [email protected]
| Did you know? |
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| Interac can be found in almost all payment portfolios in Canada’s online casinos. |
Pros and cons of using Interac at Online Casinos
There are perks and non-perks for everything – even for the best things in life. Here’s our list of Pros and Cons for Interac Payment in online casinos.
| PROS | CONS |
|---|---|
| Fastest Withdrawal Payment Options | It can’t be used by players outside Canada |
| Safe and Properly Regulated | |
| Can be found in almost all top online casinos in Canada | |
| Small withdrawal fees are generally absorbed by the online casino itself |
Interac vs. Other Payment Methods
New Casinos and top-operating ones are investing in a vast range of payment methods to suit all sorts of players in Canada.
Below, we are comparing top payment methods such as Bitcoin, Litecoin, Visa, Skrill and more with Interac:
| Features | Interac | Bank Option (Visa / Mastercard) | e-Wallets (Skrill, Neteller etc) | Cyrpto (Bitcoin, Litecoin etc) |
|---|---|---|---|---|
| Fast Withdrawals | ✔ | ✖ | ✔ | ✔ |
| Data Protection | ✔ | ✔ | ✔ | ✔ |
| Compulsory 2-factor authentication | ✔ | ✖ | depending on the e-wallet | ✖ |
| Low Withdrawal Fees | ✔ | ✖ | depending on the e-wallet | depending on the cryptocurrency |
Kick Off your Online Casino Payments with Interac
Interac is a widely-acclaimed payment method – not just in the online casino world but also for most digital platforms that operate in Canada.
The ease of use, high accessibility, safety regulation, and top-notch encryption make Interac one of the best payment methods to choose whenever you need to deposit or withdraw your winnings from all top online casinos in Canada.
Frequently Asked Questions
