Interac e-Transfer Payment Method

What do you know of Interac? Well, it's a digital payment solution that makes it so easy to send and receive money. The company's goal is to make financial transactions as secure and fast as possible. It's a trusted way to transfer funds and handle debit transactions. It's popular because the fraud rates with the debit payment system are so low it's like fraud doesn't exist.

With Interac, the payment system offers several banking options to Canadian residents. Some of them require account holders to bring the card to participating businesses and ATMs. There are also a couple of choices when you need to safely send cash online.

Canadian Players Can Use Interac Online and e-Transfer at Some Casinos

Online and e-Transfer make it easy to send and receive money to websites. If you're looking for a fast, safe, and easy way to deposit funds to an online casino, you need these two options.

The Online option allows you to send money to a participating online company by safely transferring funds from your bank account during the payment process. If you have online banking with a qualifying bank or credit union, you're set. You'll find that e-Transfer is similar, but it lacks some of the protections. You sign into your mobile banking and use the system to instantly send money to the user of your choice.

With these transactions, you get the security of Interac's fraud protection. It protects its customers and has a zero liability policy. The one difference is that e-Transfer is an electronic transfer that should only be used if you are sending money to a reputable online recipient. You need to be proactive that you're sending money to a legitimate casino and not someone pretending to be one. Look at the terms before you complete any transactions.

Interac also works with ApplePay, Google Pay, and Samsung Pay.

Make Sure You Understand the Fees

When you use e-Transfer or Online, you are subject to fees. Banks pay a fee to Interac, and they may charge you all or a portion of that fee. Online also has processing and service fees. In addition, you might be charged a transaction fee by your bank. Fees are subject to change, and your online casino of choice may add additional fees.

For Canadian players looking for a quick, secure way to add funds to their casino balance, Interac Online or e-Transfer are common options. Talk to your bank to see if they offer Interac Online or e-Transfer services.

The Advantages Using a Casino's Interac Deposit Method

You're using a casino's Interac deposit method as your main choice for adding funds. What are the advantages? If you're using Interac e-Transfer, it's a fast, secure way to send money anywhere in the world. Interac and Western Union work together to get money from your Interac account to a person or company in another country. You don't have to share bank information with the recipient. It keeps your information secure.

Interac Online is another option. The casino must participate in Interac Online. It's linked to your bank, but the website that gets funds from Interac never sees any of your details beyond your email, name, and the amount of your casino deposit.

While your bank may charge a fee for using Interac e-Transfer, Interac doesn't. You may avoid fees completely with this service, which helps you save money. If the casino allows casino payouts to Interac, there are no fees with receiving an Interac e-Transfer either. Once you have your casino winnings in hand, you can transfer it to the bank account you've set up with Interac if a casino allows it.

Interac protects its clients with the Interac Zero Liability Policy. If you are a victim of online fraud and have proof it was fraudulent, you're protected and your money will be returned to your bank account.

How to Make Casino Deposit with Interac

Interac is so easy to use. Log in and select your account. Give the recipient's email or phone number and enter the amount you wish to send. You may need to set up a security question for the recipient to enter, but the casino should already have registered for Interac e-Transfer, so you'll likely skip that step. Interac e-Transfer is set up to work with more than 250 Canadian banks, so you shouldn't encounter any issues.

If the casino is set up for Interac Online, you'll transfer funds from the bank account you have connected to Interac. Interac puts in the transfer request with your linked bank or credit union and sends that money to the casino that is registered with Interac Online. The casino never sees your bank information, so you don't have to worry. When you're directed to log in to Interac Online and approve a casino deposit, do so with ease and peace of mind that the transaction is secure.

You will get an email that the transaction was completed. If there's a problem, the money returns to your bank account. If you run into problems and need help, casino help or your bank's customer service department are there to assist.

What Are the top Online Casinos that Accept Interac?

Several online casinos accept Interact. Here are quick reviews of our picks for the top Interac casinos.

#1 – Casimba Casino: Just as Simba turned into a mighty king of the lions, Casimba is the king of casinos. Choose from live dealer casino games or the stunning mix of online casino slots, table games, and more that you play in the mobile casino or instant play casino. New players receive a 200% deposit bonus and 50 free spins.

#2 – MrGreen Casino: Mr. Green Casino has a super mix of online casino games, live dealer casino games, sports betting, and tournaments. If you want the experience of a land-based casino in the comfort of your home, you can't go wrong here. New players receive their choice of three welcome bonuses.

#3 – Platinum Play Casino: The three-part welcome bonus at Platinum Play Casino rewards you with up to $800 in free cash. Use it to play online casino slots before moving on to the live dealer casino games, video poker options, and table games.

Check Out the Answers to Players' FAQs

For people who are new to Interac, questions often arise. These are the most common questions players have about depositing with Interac.

Is It Safe to Gamble at Interac Casinos?

Online casinos are generally safe. The biggest risk is coming across a rogue site. If you're not sure, scroll to the bottom of the site and look for licensing information. You're looking for the management firm and license number from the Gambling Commission. You should also look at the casino's security measures. See if they use SSL protocol.

Are Interac Deposits Instant?

Interac deposits are handled as quickly as possible. The goal is to get the funds to the casino as quickly as possible. If your not using a bank that partners with Interac, it may take longer for the transaction to clear. It can take four to six business days.

How Interac Casino Works?

Interac casinos are like many online casinos. You set up an account, log in, choose a slot or casino game to play for fun or real money, deposit when you need to, and cash out your winnings when you have them. Some players get confused when it comes to withdrawals. Make sure you read the fine print before claiming a casino promotion. You often have to meet a playthrough requirement before a casino payout is approved.

Do All Casinos Accept Interac Deposits?

Not all casinos accept Interac. Check the list with the casino cashier when you make your deposit. If you don't see Interac, email or click “Chat” to talk to the casino help team. There is a chance they accept it or would be willing to add it as a deposit method if there's enough demand.

Can I Use Interac for Winnings Withdrawals?

This is dependent on the casino. Many do not offer casino payouts with Interac. You'll find other options available to you like a check, credit card, iDebit, Neteller, and Skrill instead. The casino will have a list of deposit and withdrawal methods available when you log in and access the cashier.

Do Interac Gambling Sites Offer Bonuses?

Casinos that accept Interac offer a range of deposit bonuses, free spins promotions, and other perks. Always check the promotion's page when you sign in. You'll find information on the welcome bonus, no deposit bonus, cashback rewards, reloads, and more. Some promotions are permanent while others come and go each day, week, or month. Check your emails and social media posts for secret deposit bonuses.

What are the Benefits of Using Interac in a Casino?

You've probably seen news stories regarding hacks and breaches of some major websites or companies. Even companies you'd expect to have top-notch security in place have been the victims of breaches. In the process, vital information like credit card, bank account, and personal information is stolen.

When you use Interac in a casino, your bank information is never sent to the casino. The casino will not have information like credit card, checking, or debit card information in its possession. It's a form of security you shouldn't overlook.