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This interbank network was founded in 1984 and has become one of the most trusted casino payment methods online. There are loads of exciting rewards and games that await Interac casino players but is it safe to use this method to gamble online? What are the pros and cons? In this article, we’ll answer these important questions and many more to help you decide if this is the perfect casino payment method for you.
The Best Interac e transfer Casino
If you want to play at a casino that accepts Interac, you must be physically located in Canada. It is the only country that this payment method is available, as it is a cooperative of the five largest Canadian banks to make money transfers easier. Nowadays, there are almost 60,000 ATMs and 450,000 online and land-based merchants that accept Interac payments in Canada.
How to Deposit With Interac
When it comes to funding your casino account you undoubtedly want a method that is not only safe but also fast. This is why you’ll be pleased to know that an Interac deposit at an online casino takes between 0-15 minutes to reflect. To show you how easy the process is from beginning to end, we’ve provided a few easy steps below.
Make your way to a reputable online casino and sign up/create an account
Click on your username – this can be found at the top left part of the screen
Choose your Interac casino bonus and click the Deposit Now button
Select Interac as your preferred payment method
Enter how much you’d like to deposit and click the arrow at the bottom
Select your banking institution from the list of supported banks
A form will pop up and you’ll find a summary of the deposit
Interac Safety Measures
Interac has built up an impeccable reputation for being one of the safest ways for players to gamble online. Each transfer you make is protected by the casino site as licensed gambling platforms use the latest encryption technology to make sure that any information you share is unreadable and cannot be accessed by unwanted third parties.
Not only are Interac casinos safe, but the actual payment method boasts a range of safety features to help put your mind at ease. Below you’ll find a few examples of the security measures put in place by financial institutions as well as Interac.
It is recommended to always check if your preferred banking option incurs any fees, as it could seriously affect your bankroll. Interac fees are lower than credit cards, however they still exist. In detail, if you deposit up to C$15, the fee is C$0.115. For deposits between C$15.01 to C$35, the fee stands at C$0.265. Finally, for deposits higher than C$35, the fee is C$0.465.
Details About Alternative Payment Methods
|Payment Type||Deposit Time||Withdrawal Time||Fees|
|Credit Cards||Instant||5-7 Days||2%-4%|
Pros and Cons
Final Thoughts About Interac Casinos
When looking for a casino payment method that is easy to use and offers excellent security, you may want to consider Interac. There are loads of different bonuses up for grabs and exciting games that await players at these casinos; and even though you will need to live in Canada and bank with a Canadian institution that supports Interac in order to make payments, those living outside Canada can still register at these sites and take advantage of the accepted alternative payment methods.
Yes, Interac is a payment method created by the five largest Canadian banks, so they can integrate their payment systems and make money transfers easier. If you want to use it in your casino, you must live in Canada and have an account with a Canadian bank.
When withdrawing using Interac you will need to wait 1-3 business days to receive your money. That time frame could change if your casino needs longer processing time.
Yes, Interac qualifies for all kinds of promotions (first deposit, reload free spins and cashback), as it is considered a very safe banking option.
This depends on the casino you register at. To find out what games are on offer, browse the site’s game selection before creating your account.
Scroll to the bottom of the site’s page where you should see the regulatory body’s logo. Click on it for more information about the specific site’s licence.
This differs depending on the method you choose to use and the casino you register at. Visit the Cashier/Banking page for more information. In general, usually it is between C$10 – C$20.
Some of the most popular alternatives include credit/debit cards, wallets like Skrill, Neteller & paysafecard and cryptocurrencies. Of course that could depend on the casino you play at, so always check terms and conditions or contact support.