Select the Casino you like from Interac Casinos below:
Select the Casino you like from Interac Casinos below:
Table of Contents
ToggleFinancial security is a priority in online gambling. To avoid scams, lost deposits, and delayed withdrawals, it’s recommended to choose a trustworthy payment gateway for transactions to and from a casino.
Interac can be the right choice for Canadian gamblers. This interbank network based in Canada is one of the most popular methods in the niche nowadays. Learn more about Interac and find out what makes it a popular option for punters.
Interac casinos are great if you give precedence to the security of finances and personal data, speed of transactions, quality gaming products, and mobile compatibility when it comes to online casinos. Check the best online casinos that accept Interac and gamble with peace of mind for your security.
Interac, founded back in 1984, is a network that connects various financial institutions, including BMO Bank of Montreal, Scotiabank, RBC Royal Bank, TD Canada Trust, and others, to facilitate financial transfers between them. Almost instantly, Interac quickly became a leading platform for funding casino accounts in Canada.
The transferred money is credited from the sender’s bank account and goes straight to the recipient within seconds. It’s deposited either automatically or after the recipient completes a security Q&A.
Interac users are provided with several services to choose from, including Interac Debit, Interac Cash, Interac Flash, Interac Online, Interac Mobile, and Interac e-Transfer. Transaction limits differ, depending on the specific financial institution, as well as the user’s bank account age and their current credit standing.
No fees are applied when depositing or withdrawing at casinos that accept Interac. If you come across any, they are designated by the financial institution you use to fund the Interac account. Some Canadian banks charge clients around CA$1 to CA$5 out of their Business Savings or Savings accounts for a single transfer. In all cases, no hidden fees are attached.
In the search for the best Interac casinos, we have carried out an analysis of the Canadian iGaming market. We were guided by several crucial features that make an online casino worthwhile or not. They include the following:
Interac prioritizes the security of its customers’ personal information and financial deals. Therefore, it utilizes EMV chip technology to prevent fraud and unauthorized access to a user’s data and funds. This is a foolproof protection against electronic pickpocketing, suspicious translation replays, skimming, and any other sort of fraudulent activity.
The best Interac casino sites have the lowest rates of fraud and credit card embezzlement. By depositing or withdrawing via Interac, you use your client card number and a secure banking pin while having your credit/debit card stored on the casino’s site. This excludes the possibility of hacking into your bank account. So, Interac online casino websites provide an increased level of anonymity and security.
To make deposits or withdrawals via Interac in Canada, you must have access to a bank’s online banking portal, which supports Interac. This can’t be problematic since more than 250 banks in the country accept this payment system. To top up an account balance at an online casino with Interac gateway, here’s a step-by-step instruction:
We recommend you double-check all the data submitted before confirming the payment. If everything is dialed properly, the money will be credited to your casino balance almost instantly.
Interac withdrawals at casinos are simple and quick, too. Check the guide here:
Not all casinos in Canada support withdrawals via Interac, but those that do ensure the fastest payouts compared to traditional banking means.
All Interac payment limits depend majorly on the bank to which a player’s Interac account is attached. Check on the limits by several major banks of Canada here:
Bank | Limit per Transaction | Daily Limit | Monthly Limit | Transaction Time |
Bank of Montreal | CA$3,000 | CA$3,000 | CA$20,000 | Up to 30 minutes for deposits and 48 hours for withdrawals |
Canadian Imperial Bank of Commerce | CA$3,000 | CA$3,000 | CA$30,000 | Up to 30 minutes for deposits and 48 hours for withdrawals |
National Bank | CA$4,000 | CA$4,000 | N/A | Up to 30 minutes for deposits and 48 hours for withdrawals |
Canadian Western Bank | CA$3,000 | CA$10,000 | CA$20,000 | Up to 30 minutes for deposits and 48 hours for withdrawals |
Laurentian Bank | CA$3,000 | CA$10,000 | CA$20,000 | Up to 30 minutes for deposits and 48 hours for withdrawals |
Depositing via Interac at an online casino in Canada is an instant procedure. Yet, it may take up to a few business days to complete a casino cashout via Interac.
Players who deposit at Interac casinos get a diversity of bonuses and promotional offers. In some cases, these are exclusive rewards tailored specially for Interac users, which adds value to their gambling experience and serves as an incentive. Check the most lucrative promo offers available today, and be cautious about the wagering requirements attached before activating an offer.
Interac casinos are highly popular among Canadian gamblers due to a series of factors. Yet, some of the most worthwhile alternatives to Interac are Visa, Paysafecard, Gigadat, MuchBetter, and cryptocurrency. Let us introduce a detailed comparison of the major aspects making this or that payment system more convenient for an online gambler:
Speed | Security | Fees | Availability | Deposit/Withdrawal Support | Best For | |
Interac | Instant to 30 minutes | High (bank-level) | Low to none | Canada | Yes/Yes | Canadian players |
MuchBetter | Instant to 24 hours | High | Low | Global | Yes/Yes | Mobile players |
PaysafeCard | Instant | High (no banking info) | Purchase fees | Global | Yes/No | Anonymous transactions |
Gigadat | Instant to 30 minutes | High | Varies depending on the provider | Canada | Yes/Yes | Canadian players |
Visa | Instant to 24 hours | High (fraud protection) | Transaction fees set by the bank | Global | Yes/Yes | Traditional payments |
Cryptocurrency | Varies per the blockchain | High | Varies by the network | Global | Yes/Yes (depends on the platform) | Privacy and decentralization |
All these payment providers offer Canadian online players almost similar security and convenience. Each of them is a worthwhile alternative to Interac for gambling online.
Before you sign up at a new Interac casino, it’s essential to consider both sides of the coin–the benefits and downsides of the payment system as a casino account funding method.
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