Casinos That Accept Interac:
Reviewed and Verified by Cameron Webster
How to Withdraw and Deposit with Interac
Ready to start using Interac at your online casino? The first step is to sign up with the payment provider. But don’t worry; we’ll get to that part later in this article. Once you’re all set up, it’s time to log into your casino account and start using Interac for deposits and withdrawals.
Depositing is easy – head to the cashier section of your “My Account”, click “Deposit”, choose Interac as your preferred payment method, and specify the deposit amount. Then, provide the required details, and voila! Withdrawing is just as simple; click “Withdraw” instead of “Deposit”.
Here’s a quick rundown:
- Click on “Deposit” or “Withdraw” in the “My Account” tab
- Choose Interac as your payment method
- Specify the deposit/withdrawal amount
- Provide the required details
- Complete your transaction.
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How Safe is Interac?
Interac has got you covered when it comes to security. The payment provider works with over 250 banks, financial institutions, and credit unions, all using top-notch security tech to keep your money safe. Plus, Interac uses SSL encryption and firewalls to scramble your transactions with the casino website.
Setting up an account will require some personal information to verify your identity. Still, once that’s done, you won’t have to re-enter your account details every time you deposit or withdraw. This eliminates the risk of your bank info falling into the wrong hands.
Interac has a team of security experts constantly monitoring transactions and a two-step authentication process for extra peace of mind. Plus, with products like Interac Debit, Interac Cash, and Interac e-Transfer, you can pick the one that suits you best.
While you are vulnerable to phishing attempts, this is a fraud method that tends to stop at the user level rather than being something that a payment method can take many steps to solve. Be cautious online as you always should, and you won’t have any issues in this regard.
Best Online Casinos that accept Interac e-Transfer:
Reviewed and Verified by Cameron Webster
Fees
- Switch fee
- Interchange fee
- Surcharge fee
- Financial Institution transaction/account fee
- Acquirer processing fee
- Issuer transaction fee
Good news, Canadian players – Interac fees are minimal compared to other payment methods. For example, using Interac Debit for casino deposits or in-browser payments will incur a flat fee of C$1.80 for transactions over C$300.
An acquirer service fee of C$0.025 will apply to all in-app and in-browser payments. Don’t forget fees can vary depending on the type of transaction and product you use, so be sure to check the fees and limitations section to know exactly what you’ll be paying.
Interac Customer Support
Interac has got your back when it comes to customer support too. Check out the support link at the bottom of the payment provider’s website for a comprehensive FAQ section, a “Troubleshoot” section, and ways to get in touch. If you have any product-related questions, send an email to [email protected]. And if you come across any phishing scams, report them to [email protected].
FAQs
What is Interac?
Interac is an interbank network in Canada that allows you to make transactions without having to enter your financial account information every time. It is a fast and safe payment method that links financial institutions with merchants and other enterprises to make it easy to send and receive money. There are several online casinos in Canada that accept Interac for funding and withdrawing winnings. Interac has several products, such as Interac e-transfer, Interac Debit, Interac Flash, and Interac Cash. You can use Interac e-transfer and Interac Debit at top online casinos. For a detailed explanation of the uses of each of these products, we recommend that you should check the "Products" section of the payment method operator's website.
How to Set Up an Interac Account?
As we stated earlier, you need to set up an Interac account before you can use it at Canadian online casinos. Interac supports a wide range of financial institutions, such as Blackville Credit Union and First Nations Bank Of Canada. To set up an Interac account, you need to first login to your Canadian financial institution's internet banking page. After that, select "Interac" in the Payments/Transfer section and click on the Register/Sign Up button. You will immediately be presented with a registration form, where you'll have to provide some required details. Ensure that the details you provided are accurate. Once your Interac account is set up, you can start using it to make deposits and withdraw winnings at your online casino.
How fast are deposits and withdrawals processed using Interac?
The processing speed of transactions made using Interac is quite fast, depending on the online casino you are using. At most top Interac online casinos, deposits are usually processed instantly. However, withdrawals can take anything from 1 day to 3 days. We recommend that you check the payment page of your online casino to know the processing time of transactions. You should also be aware that there is usually a minimum and maximum amount that you are allowed to deposit or withdraw using the payment method, and this also varies from one online casino to the other. Each financial institution that supports Interac also has a limit that it sets on transactions allowed - but you can increase this limit by verifying your identity.
What information is required to set up an Interac account?
To set up an Interac account, you need to login to the banking page of your financial institution and fill the required form. You can check all the financial institutions that support the payment method on the Interac website. Among the information that you may be required to provide is your name, address, and date of birth. You will also be required to set up a security question and answer, which you will use for transfer funds from your Interac account. We suggest that you go through the information you provided to ensure that they are correct before submitting the registration form. Once you've set up your Interac account and verified your identity, you can proceed to start using it at online casinos that accept the payment method.
Is there any fee charged for transactions?
One of the good things about the payment method is that the fees charged are minimal compared to a few other methods. When you use the Interac e-transfer or Interac Debit to add funds into your casino account, it is usually free of charge, except if the transaction amount exceeds C$300. In that case, you will need to pay a fee of C$1.80. Please be aware that your online casino may also charge fees for processing deposits and withdrawals. Interac also charges an acquirer service fee of C$0.025 (switch fee included) for all in-app and in-browser payments made using Interac Debit. You can check all the fees associated with using Interac on the website of the payment method operator.
