Interac is a Canadian payment provider formed back in 1984, back when only a handful of companies were providing financial services. Since hardly any companies in Canada provide a debit card service, Interac filled the void and provided customers with much-needed assistance.
Interac is well known throughout Canada as they have over 59,000 ATMs and over 450,000 locations accepting Interac debit payments. Interac has ventured into casino payment services due to its ability to process payments seamlessly and at incredible speeds.
Online Casinos That Accept Interac
Story Behind Interac
The service was established back in 1984 in Canada as a non-profit company debit card system. Nowadays, it provides banking services and is commonly used by the citizens of Canada for making online payments of all sorts, which include online gambling.
Interac is backed by the top banks of Canada, which is why it is a safe online payment method. You can use Interac to make all your casino transactions in Canada without any worry.
Using Interac in Online Casinos
Interac, other than being the most-used debit card and ATM system in Canada, also is used for all sorts of online purchases. It is one of the reasons that it is a popular mode of online payment and as a result is found on some of the best Interac casinos. Whilst Interac is available as a banking service in the U.S. it, unfortunately, cannot be used for online gambling.
How to Deposit Using Interac
Depositing with Interac at your chosen casino is a hassle-free process – here’s how to go about it.
- Visit the webpage of your bank and click on Interac as your online payment option.
- Add the amount of the deposit that you are planning to make, the name of the casino (according to the Casino’s instructions) and an answer a security question emailed to you.
- When the bank confirms your security question and payment details, the transfer is completed.
All of this will take less than 10 minutes.
Interac Deposit Fees
The fee for all Interac payments for online casinos will depend upon your bank, but it can anywhere from $1 to $1.50 to deposit. The withdrawal fee is around $4.
Interac Withdrawal Speed
If you wish to withdraw money from online casinos using Interac, then it will take around 4-6 business days. This isn’t as fast as some eWallets, but it’s quite standard for bank transfer payments such as Interac.
Its popularity also stems from the fact that the fee charged is somewhere between $1 to $1.50 depending on the transaction, which is a very small amount. In addition to that, it’s widely accepted in almost all online casinos in Canada, simplifying your top-up process significantly. Plus, as it’s linked to your bank account it has all the security measures that your bank would use.
Fastest Paying Interac Online Casinos in 2022
Let's have a look at the best online casinos using this payment method. Some of the topmost casinos of Canada use Interac as one of their major payment methods. We have chosen our top 5 casinos from the list that we provided above to give you a better in-depth review of the online casinos. The top Interac online casinos that you can find on our site make for a great game experience.
|No.||Online Casino||Interac Deposit||Interac Cashout|
|3||Voodoo Dreams Casino||Yes||Yes|
Advantages and Disadvantages of Interac
Interac did not become one of the most popular e-payment options in Canada without having something substantial to offer. Being backed by the top banks of Canada, it is considered to be one of the safest online payment services in the region.
Customer Support for Interac
It’s unlikely, but you might need some help with your Interac payments. If that’s the case, you can contact them directly on their customer support email, or you can talk to your bank directly. You can view all of your Interac support options on their website.
Payment Methods Similar to Interac
There are plenty of other payment methods similar to Interac, which are also available in other countries as well as Canada. Here are a few of our favourites.
Security of Interac
There is no doubt that casinos that allow Interac payments are safe to play at. Interac transactions do not use any personal information of the player for payments of online casinos. It also utilizes state-of-the-art fraud detection tools so that your payments are secure. There are plenty of casinos using Interac, and part of this is because of the great security features it boasts.
Interac’s security is top-of-the-range – it’s some of the best, similar to what banks and other financial institutions use. We can guarantee that this helps to make all transactions very secure and safe.
Using Interac to Gamble
Interac is a safe e-payment solution that is best for gambling online, as all your details would be encrypted and protected. As it’s linked to your bank account, it is very secure and subject to the same security measures as any other bank transfer.
If you want to play in the best casino sites using other payment methods as Interac is not available in your area, check out our ranking for the top casinos to find one that works for you.
Interac is a payment method licensed by the Canadian government. The head office of Interac is located at Royal Bank Plaza in Toronto. Below you can find a map which shows the location of the headquarters.
Interac Casinos FAQs
We have covered some of the most frequent questions that people have about using Interac at an online casino. Read more below.