interac payment method review - canada casino

How to Choose the Best Interac Casinos?

One key factor influencing players’ choice of online casinos is the variety of payment methods available. With the gaming market continuously expanding, e-wallets and cryptocurrencies are among the most popular banking options. However, Interac is also highly favored due to its speed and security.

Our next guide will show you how to select this payment method at the casinos featured on our site, CanadaCasino.

✓ Read our casino reviews

The best starting point in any scenario is to visit our casino reviews page. There, you can check if a casino site offers Interac as a payment method and find all the other essential information about the site.

✓ Always verify that the online casino is licensed and regulated

Safety first! Ensure that the casino you choose is properly registered to operate in Canada. Rest assured, all casinos listed on our site are fully licensed in accordance with Canada’s gambling law standards.

✓ Check what security measures the casino has in place

While Interac is a well-established payment system, online casinos must also implement strict measures to ensure user safety. These measures include using high-end SSL encryption and confidential user IDs and undergoing regular audits to guarantee fair gameplay.

✓ Investigate the speed of Interac transactions

Transactions with Interac typically take between 24 and 48 hours. However, the casino’s actual processing time can vary. To find this information, you should check the casino’s Terms and Conditions. This will clarify how long the casino processes transactions using this method.

✓ Ensure that the casino accepts the currency that you need

This might seem obvious, but as a Canadian player, you’ll want your casino to use the one currency that truly matters— the Canadian dollar!

✓ Look out for bonuses specifically for Interac users

Bonuses are undeniably one of the most exciting features of any online casino. Ensure that Interac is an eligible payment method for any bonus you’re interested in, or better yet, seek out bonuses specifically for Interac payments.

✓ Review the transaction limits for Interac users

All online casinos impose transaction limits on the payment methods they accept, including minimum and maximum amounts for deposits and withdrawals. Check these limits to ensure they meet your needs!

✓ Make sure the casino offers a wide range of games that you enjoy

Beyond safety and convenience, you ultimately want to play the games you enjoy. Before signing up for any casino, review the game library to ensure they offer your favorite games. There’s no point in signing up only to discover that your preferred game isn’t available.

Safe and convenient payment method!
Anyone with a legitimate Canadian bank account can use Interac by linking it to their online banking. From there, transferring funds is as simple as making any other online banking payment!

Is it Safe to Use Interac in Casinos?

interac instant payment method canada casino

Absolutely! Secure transactions are crucial in online gaming, and Interac follows strict measures to ensure user safety, including detailed verification checks and two-factor authentication (2FA) to access your account. This payment method partners with over 250 Canadian financial institutions, making it the ideal option for those prioritizing safety. It allows you to use the funds in your bank account without exposing your details to casino sites.

Did You Know?
Interac stands on par with other e-wallets, and some might argue it’s even better due to its direct connection to your bank account. It’s definitely much faster than using methods like cheques or wire transfers!

How to Use Interac at Online Casinos?

Interac provides two payment options for casino players in Canada: Interac Online and Interac eTransfer. The latter is generally preferred because it allows for deposits and withdrawals, whereas Interac Online is solely for deposits.

Some casinos let you use both methods interchangeably, along with other linked payment methods to your online casino account. But how do you get started with using them? Let’s find out!

Below, we present the different processes in an easy step-by-step guide.

Interac Online Deposit

  1. Sign in to your online casino.
  2. Navigate to the Payments page and select the ‘Deposit‘ option.
  3. Enter the deposit amount.
  4. Choose the Interac Online payment option.
  5. Select your bank or credit union from the drop-down menu.
  6. Confirm the transaction through your online banking account.

Interac E-Transfer Deposit

  1. Sign in to your online casino.
  2. Navigate to the Payments page and select the ‘Deposit‘ option.
  3. Enter the deposit amount.
  4. Choose the Interac e-Transfer payment option.
  5. Answer the required security questions.
  6. Confirm the transaction through your online banking account.

Interac E-transfer Withdrawal

  1. Sign in to your online casino.
  2. Navigate to the Payments page and select the ‘Withdrawals‘ option.
  3. Enter the amount you wish to withdraw.
  4. Choose e-Transfer as your payment method.
  5. Confirm the security question.
  6. Finalize the payment through your online banking account.
Did You Know?
Some online casinos offer faster withdrawals than others. Here’s our list of the fastest payout casinos in Canada.

Are There Any Fees When Depositing and Withdrawing at Interac Casinos?

Interac deposits come with some of the lowest usage fees in the iGaming market. Here’s a quick breakdown of their fees:

Depending on the online casino, these low payment fees are often covered by the casino itself. Below is a list of top Canadian casinos that accept Interac and cover the aforementioned transaction fees.

Take heed 👇
Most fees at the Interac casinos we recommend, are covered by them to make playing more attractive. However, you might encounter a flat fee for withdrawing cash when receiving a transfer of funds.

Pros and Cons of Interac Casino Payments

While Interac is a popular online casino payment method in Canada, they have flaws. Here is our list of what we consider to be Interac’s pros and cons:

PROSCONS
✔️ Fast withdrawal payment option.✖️ May incur fees when transferring cash, although these are typically covered by online casinos.
✔️ Safe and properly regulated.✖️Withdrawals may not always be possible
✔️ Widely accepted at Canada’s online casinos.✖️Not available for players outside of Canada.
✔️ Safeguards your online banking details from potentially unsafe casino sites.

Interac vs. Other Payment Methods

New and top-operating casinos are investing in a wide range of payment methods to accommodate all types of players in Canada.

Let’s compare top payment methods such as Bitcoin, Litecoin, Visa, Skrill, and more with Interac:

FeaturesInteracBank Option
(Visa / Mastercard)
e-Wallets
(Skrill, Neteller etc)
Cyrpto
(Bitcoin, Litecoin etc)
Fast Withdrawals
Data Protection
Compulsory 2-factor authenticationdepends on the e-wallet
Low Withdrawal Feesdepends on the e-walletdepends on the cryptocurrency

Using Interac at Mobile Casinos

Mobile Symbol Canada

You can absolutely use Interac at your favorite mobile casino! Even better, you can follow the same procedure listed above to make deposits or withdrawals. Here are our top mobile casinos:

  1. Swiper – A unique mobile experience
    Swiper Casino offers a unique concept designed specifically for mobile users, where swiping is intuitive. Even when accessed from a desktop, the site retains its swipe-friendly design. Players can begin their gaming journey with just $10 using Interac and can download the app available for Android and iOS users.
  2. Lucky Ones – A luxury casino site
    Lucky Ones Casino has it all: generous bonuses, an incredible welcome offer, and over 14,000 games! While the minimum deposit with Interac is $30, players are guaranteed a smooth mobile experience as the site is responsive and perfectly adapts to smaller screens.
  3. Trino – An unmatched casino experience
    Trino Casino offers a distinctive introductory bonus system with three different welcome bonuses. The best part? The site is fully optimized for mobile gameplay, enabling you to claim your bonus and play from anywhere directly from your mobile device!

Solutions to Common Issues When Using Interac at Online Casinos

While Interac is a highly reliable payment method, issues can happen. Here are the most common ones Canadian players encounter, along with their solutions:

  1. How to check if Interac is an available payment option — Generally, payment methods are featured in the Footer Menu of any online casino. Others have a dedicated page on payment methods, which can also be found in the footer menu.
  2. What if the online casino I subscribed to doesn’t feature Interac as a payment method? Whilst it is very common for top casinos in Canada to provide Interac as a payment method, there are some rare cases when it is not offered. Therefore, we advise you to check if Interac is available before subscribing to any new casino.
  3. Who to reach 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]
Keep your eye on your balance
Even though Interac payments are processed instantly, casinos take some time to complete the transactions. This is entirely normal, but it’s important to monitor your balance until the funds arrive.

Kick Off Your Online Casino Payments With Interac

Interac is a highly acclaimed payment method, popular not only in the online casino world but also across most digital platforms in Canada.

Its ease of use, high accessibility, stringent safety regulations, and top-notch encryption make Interac one of the best choices for depositing or withdrawing your winnings from leading online casinos in Canada.

Frequently Asked Questions

Absolutely! It's an exclusively Canadian payment method and is highly regulated making it one of the safest payment options in Canada.
$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
Absolutely! Interac uses top-notch technology in SSL encryption to safeguard all your personal and banking information.
Only players based in Canada can use Interac using their email address and/or mobile number. Interac is partnered with Western Union to facilitate the processing of international transfers.
Yes. Interac has a standard maximum withdrawal limit of $3,000. However, different online casinos in Canada can set their own withdrawal limits. We advise you to check their individual terms and conditions.
Interac processes payment quite fast, even at online Canada casinos. These are generally instant, but there may be some delays depending on the online casino.
Author
Casino Content Writer
Lara thinks that being happy is all about sipping beer by the sea with her favourite peeps. She understands people through conversation and tries to laugh her way through life. Cooking and writing are at the core of her being, and finds casino reviews to be the most interesting part of her job.

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