Making a payment with Interac – easy steps
Every Interac casino in Canada is a little different, with some supporting Interac deposits and withdrawals, and others offering deposits only. It’s also important to note that Interac offers two different payment services – Interac Online and Interac E-transfer.
Interac Online casino deposits
Let’s look at the typical process most operators use for a standard Interac Online deposit:
- Step 1
– Set up a bank account with a bank that’s Interac-compatible.
- Step 2
– Visit the Interac website, create a new account and get yourself verified
- Step 3
– Find the best Interac casino to suit you using our comparisons, and sign-up.
- Step 4
– Visit the operator’s “deposits” page, select “Interac Online” from their list of payment options, and enter the amount of money you wish to transfer.
- Step 5
– Select your Interac-compatible bank when prompted (e.g., “RBC Royal Bank”).
- Step 6
– You’ll be redirected to your bank’s website to complete the transaction.
- Step 7
– Once you have clicked “confirm” you’ll receive a receipt for the transaction.
- Step 8
– Go back to your online casino app to confirm your account has been properly credited.
- Step 9
– Get betting!
Interac E-transfer casino deposits
Now, let’s review the process for making an Interac e-transfer casino deposit, which is a little bit different:
- Step 1
– Set up a bank account with a bank that is Interac-compatible.
- Step 2
– Visit the Interac website, create a new account and get yourself verified.
- Step 3
– Find the best Interac casino to suit you using our comparisons, and sign-up.
- Step 4
– Visit the operator’s “deposits” page, select “Interac E-transfer” from their list of payment options and choose your desired deposit amount.
- Step 5
– A pop-up will usually appear asking you to confirm this amount with Interac.
- Step 6
– Select your Interac-compatible bank from the list when prompted.
- Step 7
– At this stage, you’ll usually need to enter your email address and answer a few security questions. Email confirmation is mandatory with any Interac E-transfer casino deposit made in Canada.
- Step 8
– Enter the information requested and your funds should be transferred to your online casino account instantly.
Just as you’ll find with most other
online betting payment methods, the process of funding your online casino account is really very straightforward.
Nine times out of ten, you’ll even be able to start placing bets immediately once your account has been credited – but be sure to look out for the best online casino that accepts Interac deposits and withdrawals, as not all operators will support both.
Withdrawals and deposits with Interac: average time scales to expect from the best Interac casinos
Whether you’re looking at Interac online casinos,
PayPal betting sites
or casinos that accept other kinds of payment methods, deposit and withdrawal times can vary tremendously. This can depend on several different factors, including which processors your merchant is using, how much money you wish to transfer, and your online casino operator’s own T&Cs.
The good news is that pretty much every Interac Online and Interac E-transfer casino in Canada offers fast deposit and withdrawal times when compared to most other payment methods. Here’s what waiting times you can usually expect:
- Interac Online deposits
– instantaneous.
- Interac E-transfer deposits
– up to 30 minutes maximum.
- Interac Online withdrawals
– 1-3 hours.
- Interac E-transfer withdrawals
– 1-3 hours.
It’s common for e-wallets and other transfer options to process deposits and withdrawals within a few hours or less. That said, when you take into consideration the fact that most credit cards can leave you waiting up to five working days for online casino withdrawals, Interac is pretty darn fast by comparison.
What’s more, pretty much every online casino in Canada accepting Interac will let you deposit in Canadian dollars – and there are tons of betting sites available right now offering Interac casino bonuses exclusively to customers who wish to use this payment option.
Interac verification requirements – get set-up before joining an online casino with Interac
Interac advertises itself as “one of Canada’s most trusted payment brands”, so it’ll probably come as no surprise to hear that we’ve found that encryption and security are taken very seriously here.
Before signing up with an Interac casino in Canada, it’s important to create an Interac account, which can be achieved through any Interac-compatible bank as follows:
- Log into the appropriate online banking app or website.
- Select “Interac Online” or “Interac E-transfer”.
- Enter an email address to use for Interac, along with some personal details.
- Receive a confidential user ID and set-up a password and security questions/answers for future verifications.
- Link Interac to the bank account desired and get started right away.
While the initial set-up process is incredibly straightforward, Interac may place some restrictions on new users. What’s more, any first-time withdrawal request made via an Interac E-transfer casino in Canada is likely to result in a prompt to enter passwords and security question answers.
For this reason, it’s important to always have the necessary information to hand when playing with any of the best Interac casinos listed in our comparison for the first time.
You should also keep in mind that the best online casino that accepts Interac deposits might not always accept
withdrawals
– so be sure to double-check this before signing up.
Our top picks for Interac casinos
The history of Interac and Interac deposit casinos
These days it seems almost as if all the top online casinos in Canada accept Interac, but where did this popular payment method originate from? And how did it become so well-integrated with the online gaming industry?
Here are some key milestones in the payment method’s history and how online casinos accepting Interac first came to be:
- 1984
– The “Interac Association” is set up by major Canadian financial institutions, with the intention of giving citizens easier access to their money via a secure, shared network.
- 1996
– Network improvements are made as digitalisation begins to take place. The “Axsys Corporation” is founded and new online payment services such as Interac E-transfer and Interac Debit are unveiled for the first time. Credit cards dominate online betting in Canada at this time.
- Early 2000s
– E-wallets such as Neteller and Skrill begin to emerge in the Canadian online betting market, giving customers an alternative to credit card payments. While
Skrill betting sites
grow in popularity, but Interac is yet to make its mark.
- 2007
– Online gambling is declared illegal in the USA, creating complications north of the border. For a time, Neteller and Skrill are unavailable for Canadian online betting.
- 2010s
– Other E-wallets such as ecoPayz and Instadebit become active in the online casino sector, but Interac – while popular with bank transfers – is yet to branch out into the industry.
- 2018
– The Interac Association and Axsys Corporation join hands to become Interac Group, bringing all Interac services under one trusted brand. Around the same time, the very first Canadian online casinos begin offering Interac as a payment method.
- 2019
– Interac Group purchases Ottawa-based 2Keys, a security corporation. The company begins to invest further in digital ID and security.
- 2021
– Interac Group acquires digital ID company SecureKey Technologies Inc, helping to beef up its own authentication and encryption.
With Interac’s long standing reputation as one of Canada’s most popular payment services, it’s safe to say that signing up with an online casino in Canada with Interac will always be a safe option – and even more so in recent years, thanks to the company’s widespread investments in security.
What’s more, every online casino app with Interac that Betting.net reviews will always be very carefully scrutinized for security and encryption, so you can rest assured an unsafe site will never be recommended here.
Interac compared to other providers – are Interac casinos best?
Interac offers a top-tier reputation, some truly incredible security credentials and some of the fastest deposit and withdrawal times available across the online gaming industry. Add to that the exclusive Interac casino bonuses that many operators offer, and you’re looking at a seriously good payment option – but how does it compare to its key competitors?
Interac online casinos vs. other payment methods – why is Interac best?
While
Apple Pay betting sites
tend to offer instant deposits and two-factor authentication, Interac is just as fast and has arguably better security credentials when you look at the Interac Group’s investments in leading security firms over the past few years.
What’s more, withdrawal waiting times are just as good if not better than other e-wallets such as Skrill and Neteller, and Interac offers one of the easiest sign-up processes across the online payments market. This is a huge draw, as the relatively slow verification procedures and email and/or text message authentications required with other payment providers can often prove time consuming.
Interac E-transfer casino vs. competitors – why might other payment options be worth considering, too?
Interac admittedly has a few downsides. The first is that not every Interac E-transfer casino in Canada will accept Interac for withdrawals – many betting sites will take Interac deposits only. The second is that Interac does unfortunately charge fees for processing payments, and the third is that the service is currently only available in Canada.
Ultimately, Interac is a widely-supported, 100% secure and incredibly popular payment method that comes highly recommended – you just might want to consider your personal online betting needs to ensure it’s the right payment option for you before placing any Interac bets. Betting.net can help you get to grips with the ins and outs of each provider with our in-depth payment option reviews and analyses.
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Three essential facts about using an Interac deposit online casino
As far as Betting.net is concerned, Interac is a superb payment method that offers some seriously good speed and security benefits. That said, there are a few important things you’ll want to be aware of before you start betting with Interac today. Most notably:
1 – Transactions can have an expiry date
Interac transactions will expire within 30 days in the event an online casino credits your online casino account but fails to credit your bank account. Be cautious and make sure any Interac withdrawals are processed 100% correctly.
You can easily keep tabs on this by closely monitoring your online casino account page, as well as getting in touch with customer support ASAP if ever something seems to have gone pear-shaped. Virtually all online casinos with Interac recommended by Betting.net offer 24/7 customer service as and whenever you need it.
2 – Interac casino bonuses sometimes have special terms
Every online casino promotion will always be subject to T&Cs, but you should pay special attention to the small print when signing up with any casino with an Interac bonus. This is because “Interac-only” or other payment option-exclusive bonuses usually come with their own specific rules attached.
Some common restrictions often seen among Interac-exclusive bonuses include a requirement for Interac to be used on
both
deposits and withdrawals, different wagering requirements to other bonuses advertised, and time limits governing how long you’ll have to play through your bonus monies.
3 – Be mindful of phishing emails
Interac deposit casinos are undoubtedly some of the most secure betting sites in Canada – particularly those that have been fully vetted and recommended in Betting.net comparisons.
That said, email plays a central role in the Interac E-transfer payment process, and phishing emails are unfortunately a common fact of everyday life. Keep your eyes peeled for any suspicious-looking sender addresses and know how to recognize legit communication from the Interac brand. The same goes for the Interac deposit online casino you’re using – check their T&Cs to find out when they usually will (and won’t) contact you with information about your Interac transactions.
Conclusion – how to find your ideal Interac casinos Canada today
If you’re journeying in search of online casinos with Interac, here’s some excellent news – there are tons of options available in Canada, and you can play with the peace of mind of knowing that you’re using one of the nation’s safest and most popular online payment methods.
The
best online casinos
that accept Interac offer payment option-exclusive bonuses, state-of-the-art software, and truly amazing games, but it’s important to fully understand the pros and cons of Interac before you sign up. So, embrace that top-notch encryption and security, but be sure to watch out for transaction expiry dates, special bonus terms, and more. Browse Betting.net to discover the very best Interac online casinos today.
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Interac casinos Canada FAQ
🎲 Does Canada have Interac online casinos?
Interac is a popular payment option among online casino sites here in Canada, but can slots lovers use this superb e-wallet to fuel their online betting activities? At Betting.net, you can find tried and tested online casino comparisons that bring you everything you need to know about the best online casinos in your region. Check out all the latest Betting.net expert guides and reviews now.
💰 Where can I get an Interac casino bonus?
The best online betting sites and casinos in Canada usually offer exclusive bonuses to new customers in their efforts to attract as many newbies as possible. From time to time, these bonuses may be targeted at customers who intend to use specific payment methods on the operator’s website or app. Discover the latest Interac bonuses and special offers right now with the latest Betting.net bonus comparisons and detailed operator reviews.
✅ Is Interac good for online betting?
If you want to get the absolute most out of online betting, it’s essential to choose the best payment option to suit you when signing up with a new online casino. Different payment options can often incur different fees, withdrawal waiting times and more depending on your preferred betting site’s individual rules, so it’s always wise to check the T&Cs. Introduce yourself to the best Interac online betting sites in Canada with Betting.net today and enhance your online betting experiences overnight.
🎰 Is Interac better than Apple Pay for online casinos?
Choosing the right payment method when playing at online casinos is super-important if you want to secure the best deposit and withdrawal times your operator has to offer, and the most flexible limits. At Betting.net, expert comparisons pit different betting sites and payment options against each other to help you decide which banking methods are the most suitable for players like you. Check out the very latest Betting.net reviews and comparisons now.
💵 How long do Interac online casino deposits take?
You’re probably already aware that Canadian online casinos have different rules regarding different payment methods. These rules can often affect how long it will take to deposit funds into your online betting account, so it’s good to know which classic payment methods are typically fastest across the board. Find out how long you can expect Interac online casino deposits to take now with all the latest Betting.net detailed betting guides.
