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This is one of the main reasons reputable casinos have adopted only the safest methods of deposits and withdrawals, assuring the player safety and security of each and every financial transaction. Interac is one of these payment options, which sole purpose is to protect the sensitive banking and personal information of the user. Making sure you are protected while surfing while playing at an internet casino takes some due diligence. Make sure the casino is registered to a trusted authority, check out reviews from industry insiders like us, and most of all, make sure your money is safe. Making a late, yet fashionable, entrance is none other than Interac.
*The minimum deposit at e-Transfer casinos is currently set at $25.
Why Use Interac at a Casino?
Interac is a payment service that is exclusive to Canadian users and is accessible through leading, trusted and reputable banks. Many brands offer this as a payment method which ultimately delivers safe transactions with very little personal information attached to the transaction.
Users are able to trace and keep record of each and every transaction through their bank statements, with no other information necessary. By means of their banks, they are able to log on and transfer quick cash into their Interac accounts for instant access to the funds.
Simple to Use
Creating an account takes a matter of moments and users are able to access the funds almost immediately. By simply accessing your banking website, one that is a participating financial institution, you are directed to a page where you can then select Interac. The steps are self-explanatory and guide players through the speedy process. As users can access the service via their banking website, all sensitive information is protected and safely secured through the banking technology.
Safe & Secure Transactions
Unlike a credit card, an Interac user is only required to enter their client card number and their banking website password to access the necessary funds. This eliminates any third party activity necessary to duplicate cards and access available funds in the account. Each transaction is recorded by the bank, however there is a level of anonymity making financial transactions safe and secure at all times.
Any distressing activity on the account can be taken up with the user’s financial institution and as users are covered by the Customer Services Rules. In the highly unlikely event that any fraudulent activity has occurred and funds have gone missing, the stolen funds are returned to the client by their financial institution.
Popularity & Prominence
Being exclusively designed for Canadian players, users can expect to find this payment option available at prominent casinos on the web, further enriching the popularity of the service.
Which Canadian Banks accept Interac Casino Payments ?
All Canadian banks can use Interac Online and Interac e-Transfer however with Interac Online you must have a card and account that supports it. If your card is a Visa debit card then it most likely will not support it. All banks support Interac e-Transfers so if you cannot use Interac you will have to look for those casinos that also accept eTransfers. Originally the Interac casinos listed all major Canadian banks for Interac Online but have since removed some including Scotiabank and CIBC thus leaving only e-Transfer as an option for those banks.
Banks allowing Interac Casino transactions
- RBC Royal Bank of Canada
- TD Canada Trust
- First Nations Bank
- Dozens of Credit Unions
Banks allowing Interac e-Transfers
- All Canadian banks and credit unions
Gigadat Casino Solutions
Gigadat Inc casino solutions is the provider that processes the Interac deposits for all the casinos, so you will see the Payee or Company listed in the transaction. Gigadat casinos and Interac casinos are thus synonymous in Canada. All of the casinos sites we list use the Gigadat casino solution. Gigadat was founded in 2013 and is headquartered in Winnipeg, Manitoba. They offer their Interac2pay solutions for e-gaming and they also have an Express Connect E-Wallet that services Canada and the US.
How to Deposit with Interac Online
Depositing money using Interac is a straightforward process that requires very little time and effort. Some may say this is a key attraction. Unlike most other deposit methods, players don’t need to set up an initial account with the service, there are no costs involved and users are instantly able to transfer funds using their Interac account.
Instead of wasting time setting up an entirely new account with additional passwords and relevant personal information, rather follow a few basic steps that will wrap up the entire process in a matter of minutes. Below is how casino members generally access their Interac accounts.
- Create an account with the casino and proceed to the ‘Deposit’ option when you want to enjoy games for real cash.
- Select ‘Interac Online’ from the list of available deposit methods.
- A new tab or page will open up and users will be asked to select their financial institution from the list.
- The user will then log in to their financial institution's banking portal to complete the transaction.
- The funds will then be transferred and immediately accessible from the players account.
Actual deposit using Interac (Screenshot)
Note the additional drop-downs for more financial institutions and credit unions by province.
Interac e-Transfer Casino Deposits
Some Interac casinos are now offering Interac e-Transfer in addition to Interac Online. Interac was first to be used as a payment method and involves signing in to your Interac portal through your bank. Canadians are well aware of Interac e-Transfer as an easy way to send money to friends. Casinos are using it as well in order to make it easy to transfer money.
Steps to deposit with Interac e-Transfer:
- Simply choose Interac e-Transfer at the casinos we list above (see bullet points beside the brand).
- Enter your deposit amount
- A new screen will open with the information you need to add a recipient to your bank
- Go to your bank and log in.
- Go to e-Transfer and add a new recipient.
- Important! Enter the information given including the message field as this will link to your account.
- Send the e-Transfer
- Return to the casino to verify your funds deposit
How to withdraw using Interac
Interac e-Transfer allows for withdrawals. The minimum withdrawal is generally $25, the same as the minimum deposit amount for this method. The casino will use your email on file to send the withdrawal.
Steps to Withdraw
- Go to the casino banking section
- Choose withdrawal and select e-Transfer as a withdrawal method
- Enter withdrawal amount and hit enter
Payment times vary by online casino. Note that if it is your first time withdrawing from the casino you will generally be required to provide ID and proof of address to ensure the transaction is not fraudulent. This is standard for all casinos and if this is not required, it should be a red flag that the casino may not be legitimate. We only promote trusted and legitimate casinos. If payout times are an important criteria for you and to find out more about instant withdrawal casinos, check out our dedicated page all about it.
Conclusion
Interac is ideal for Canadian dollar casino players as it is safe and trusted. Only the best banks are linked to this spectacular service, delivering an exclusive financial provision for loyal patrons. Not all casinos offer this as a form of casino payment,
If players are seeking anonymity while gambling on the net, this is the perfect financial platform to facilitate as there is not actual personal data being shared with any third parties. Unlike a credit card, Interac only requires your Client Card number which is followed by your online banking pin. No personal names, addresses or credit card information is required and no transactions are linked directly to the bank account used to make the deposit.
This service feels almost as if it has been tailor made for casino players looking for safer ways to protect their information and better ways of doing actually doing that.