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Canadians who gamble online have long been faced with a common problem - How can I safely and quickly deposit money at a casino? Well, look no further because Interac casinos provide the perfect solution to this problem. A growing number of Canada’s best online casinos are accepting the most popular money transfer method we have as a payment option: Interac. It’s fast, it’s secure and it’s the perfect payment solution for all your online gambling needs.
Although many Canadians are familiar with Interac, you might be asking yourself how it works in relation to online casino and live casino payments. We’ve got you covered - keep reading and you’ll be ready to play at one of the top Interac casino sites in no time.
Interac is a Canadian-based interbank network established in 1984 that serves to exchange electronic financial transactions. Nowadays, it’s one of the most common ways to send and receive money in Canada.
When it’s used as a payment method for online gambling and casinos, the Interac Online payment system transfers money from your bank account, into your Interac Online account and finally into your casino wallet for you to play with.
|#||Casino||Deposit Limit||Withdrawal Limit||Withdrawal Time||License Number|
|1||PartyCasino||C$10 Min||C$10 Min||1-3 Days||RGL N0. 50|
|2||Europa Casino||N/A||C$9,999 Max||1-2 Days||MGA/B2C/249/2013|
|3||Dream Vegas||N/A||N/A||2-5 Days||MGA/B2C/370/2017|
|4||Wildz Casino||C$10 Min||C$10 Min||1-3 Days||MGA/B2C/599/2018|
|5||Casimba||C$20 Min||C$30 Min||3-5 Days||MGA/B2C/370/2017|
|8||Slotanza||C$10 Min||C$10 Min||6-8 Days||MGA/CRP/148/2007|
There is an impressive amount of qualities that make Interac the best payment method for online gambling at sportsbooks and leading casinos, including:
Interac deposits are treated just like any other deposit by Canadian online casinos and top betting sites. Interac also offers a variety of payment methods and services that can help with all your gambling needs:
Interac withdrawal minimums and maximums are established by the online casinos themselves. Withdrawal minimums are normally in the neighbourhood of C$50, whereas maximums vary from casino to casino.
Interac has a current deposit minimum of C$25. This is subject to change, but has most recently been reduced from C$75 to C$25 on January 2nd, 2020. Regardless, most online casinos require a minimum deposit of around C$10 to start a real money account.
Interac has quickly become the most common online payment option for Canadian online casinos and leading slot sites. Because of its ease, security and convenience, players feel comfortable using it and casinos are thrilled that it exists.
The truth is, the majority of reputable Canadian online casinos now accept Interac payments that are processed in mere moments. The following are some of the most popular options:
As noted, signing up for an Interac account is extremely straightforward. It doesn’t require any complicated registration or approval procedure. All you need is a Canada bank account with a participating banking institution. Then, you will be able to sign up for an Interac account within your institution’s online banking system using your bank account credentials.
Like setting up your account, depositing funds into your casino wallet is a breeze using Interac. All you have to do is:
It’s worth mentioning that Gigadat Casino Solutions is the service provider that Canadian casinos use to process Interac deposits. Therefore, don’t be alarmed if you see Gigadat Casino Solutions listed as the Payee or Company in your transaction. Gigadat is another Canadian company and can be considered an extension of Interac casinos in Canada.
Many of you have probably already used Interac eTransfers to send money to friends and family, and some casinos are also making use of it as an easy money transfer option in addition to Interac Online. All you have to do is find a casino site that accepts Interac eTransfers and you’ll be walked through the process step by step.
Here at Gambling.com, our team of experts who have decades of experience between them have scoured the internet to find the best online casinos that accept Interac as a payment method. There are multiple features that are of paramount importance to us which we evaluate before recommending any online casino to you, the reader. Here are just some of features we check out, scrutinise and test before coming up with our final verdict on whether any online casino that accepts Interac is up to scratch.
As Interac is a relatively new payment method, you might have difficulty finding sports betting sites that do accept it. However, they are growing fast and it’s only a matter of time before more top bookies begin accepting Interac as a means of deposits and withdrawals.
However, betting with is possible with a number of sports betting sites. LeoVegas, Betway and Royal Panda are three platforms which have made it possible to deploy Interac sports betting, and all of them come highly recommended from the team here at Gambling.com come highly recommended in terms of sports betting and their Interac betting offers.
However, there are some important notes you should be aware of when signing up to a sports betting site that accepts Interac. For example, Interac is only available for customers for depositing funds, meaning you will need a different method to withdraw any of your winnings.
Everyone loves free bets and free spins or a juicy welcome bonus, and they are a great way for online casinos or betting sites to reward new and loyal customers for using their platform. You can earn free spins and bets using Interac at most of on our online casinos that are recommended on this page. All you need to do is match the deposit amount required and place an appropriate sized state to be rewarded!
The types of bonuses up for grabs will vary, and we recommend checking out each operators terms and conditions to check out exactly what steps you must complete to avail of your free spin or free bet, and also familiarise yourself with any potential wagering requirements. As a general rule, here are the three main types of bonuses available when signing up to an online casino or betting sites with Interac.
Free Spins - use Interac for your casino deposit to play on a specific casino game where staking a certain amount will trigger the release of free spins on that slot or game to allow you to spin and win more without risking further funds.
Free Bets - after making a deposit with Interact at a sports betting site and then placing a bet on a specific sport or event which will then allocate a free bet for you to use on the same event, sport or a completely different market. Can also form part of an Interac welcome offer or sign up bonus with an online betting site.
Casino Bonus - earn a Casino Bonus like matched funds, a percentage of an original bonus added as free to play cash or a deposit bonus that matches all or part of an initial amount after your deposit to one of the leading online casinos using Interac. This is a great way for a new casino player to build their bankroll with more real money.
Enhanced Odds - Usually available with online betting sites, enhanced odds on a certain event, usually a marquee event aired on live TV, will be offered after new customers make their first deposit with Interac. Often certain stipulations apply here in terms of max bet, max payout and payout terms.
Does using Interac cost anything?
Is it safe to use Interac at online casinos?
What fees are associated with using Interac?
What are the Interac alternatives for casino deposits?
Why use Interac for gambling?
What are the disadvantages of Interac for casino players?
Can I withdraw my casino winnings to Interac?
Is Interac good for slot sites?
What is Interac Flash?
Which banks offer Interac e-Transfer?
"Lena Sciberras is head of our Casino Content. With many years of experience covering online casino products and working with some of the biggest online software and payment providers in the casino industry Lena is ideally placed to ensure quality and accuracy across all of our casino content and consumer advice."
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