If you want to get started playing at an Interac casino in Canada, you’ll need to set up and verify an Interac account, familiarize yourself with how Interac deposits work and get to grips with Interac’s top pros and cons.
Every Interac e-Transfer casino has its own rules, but no matter where you intend to play, Interac will always be a fast and secure payment option with a reputation that’s hard to beat in both the money transfer and online betting sectors. In this article, GamblingGuy reveals everything you can expect when using Interac at Canadian online casino sites.
Interac has a superb reputation as one of the very best and most popular money transfer technologies in Canada, but is playing at an online casino that accepts Interac payments always a good idea? And is it easy to make an Interac deposit with most operators?
There are two key things you’ll want to know about making an Interac deposit at an online casino. The first is that not all Canadian online casinos will accept Interac for both deposits and withdrawals. And the second is that Interac itself offers two modes of payment – Interac e-Transfer and Interac online – which largely follow the same deposit process, bar a few additional security checks required of Interac e-Transfer.
To make an Interac deposit with most betting sites, you’ll need to:
If you plan on claiming any Interac casino bonuses when signing up with an online betting operator as a new customer, don’t forget to double-check the bonus T&Cs, as your initial deposit may need to exceed a certain amount for you to successfully claim. This is quite common among Canadian casinos – particularly when it comes to bonuses that are limited to one specific payment method.
Every top betting site that ever made it into our best Interac casinos rankings sets its own T&Cs when it comes to deposits and withdrawals – and it’s incredibly common for operators to impose different rules on the usage of different payment methods, too.
Ordinarily, credit card and Visa casino payments in Canada have the slowest withdrawal times, with e-wallets and money transfer technologies such as Interac typically attracting much faster processing times. Let’s look at some average waiting times for Interac transactions:
Interac deposits are almost always instantaneous, but some operators might not be as lightning-fast as others. That said, it shouldn’t realistically take any longer than 30-45 minutes to process an Interac deposit with an online casino – and this applies regardless of whether you’re using Interac e-Transfer or Interac Online.
Interac usually shapes up nicely against competitors when it comes to cash-out requests, too. With most Canadian online casinos, you can expect your Interac withdrawal request to be processed within a couple of hours or less. If you’re left waiting any longer than this, please don’t hesitate to contact customer service, as the majority of betting sites GamblingGuy recommends tend to offer 24/7 customer support.
If you’re signing up for a casino with an Interac bonus advertised, be sure to read the operator’s T&Cs very carefully, as there may be certain thresholds and requirements imposed regarding Interac deposits and withdrawals, as we briefly mentioned earlier.
Anyone who wants to start playing with an online casino in Canada that takes Interac needs to get their Interac account up-and-running, which is easiest achieved via Interac-friendly online banking applications. The following popular banks, among others are Interac-compatible in Canada:
To set up and verify a new Interac Account, simply follow these steps:
The set-up process is generally hassle-free, but every new customer’s initial Interac withdrawal request will trigger a verification procedure – and the same goes for first-time Interac cash-out requests at any Interac e-Transfer casino listed in our comparison.
Each operator will set their own rules in this regard, however, so be sure to check your preferred betting site’s T&Cs – and don’t be afraid to drop a line to your operator’s customer support team if you have any queries that need answering.
Interac today is a household name when it comes to Canadian money transfers, and there are tons of Interac-friendly casinos out there offering Interac casino bonuses and other great perks to customers who play using this payment method – but this hasn’t always been the case.
Let’s take a brief look at the company’s history, as well as its strengthening relationship with online gambling apps in Canada and the broader online betting industry.
First founded in 1984 as a joint venture between several major financial institutions in Canada, Interac has always had a trusted, “big brand” reputation. In 1996, the payment processing company was one of the first in Canada to embrace the internet era by setting up its “Interac Debit” and “Interac e-Transfer” services.
It would be a good while before the best Interac casinos would emerge in Canada, but the company’s merger with the Axsys Corporation in the late 2010s pushed it into the mainstream as far as online payments are concerned, and Interac online casinos began to emerge from 2018 onwards.
Since then, the Interac Group has acquired multiple digital security companies, such as Ottawa-based 2Keys in 2019 and SecureKey Technologies in 2021, respectively, cementing its reputation as one of the safest payment processing services on the Canadian market.
Skrill and Neteller betting sites, AmEx online casinos and operators accepting other payment methods have been around since the early 2000s, but Interac was a little late to the party.
The very first Canadian casinos that accept Interac didn’t actually emerge until 2018, but that doesn’t mean that Interac is in any way inferior to its competitors. In fact, it’s one of the fastest payment processing technologies on the market, and the company’s recent investments in security mean you can rest assured Interac is truly super-safe, too.
Every online casino payment method has its pros and cons, and Interac is no different. That said, we think Interac is by far one of the best online betting banking methods Canadians can choose from – and for many good reasons, too, such as:
These three points are the key reasons we think Interac is one of the best payment methods for online casino gaming in Canada. But inevitably, Interac does have a few disadvantages, too.
For example, other payment options such as Skrill tend to be a little more widely supported among online casino sites, whereas even the very best online casino that accepts Interac deposits may not always accept Interac withdrawals.
Nevertheless, whether you’re using an online casino app Interac or a more traditional, browser-based online casino, Interac has an awful lot to offer. So, let’s dive into some top tips on how to get the most out of this popular payment method.
As we’ve seen, using Interac has its upsides and downsides, which is why it’s important to use this payment method wisely and properly understand its ins and outs before signing up for the first casino with an Interac bonus that catches your attention. Here are some top tips from GamblingGuy on how to enhance your Interac betting experience:
The best Interac casino on the market will almost always offer an Interac-specific bonus – but you should tread carefully before you claim it. Special promotions that are limited to one particular payment method such as Interac often have unusual terms, so you should go through the operator’s T&Cs with a fine-tooth comb.
For example, it’s common that a casino with an Interac bonus will expect you to both deposit and withdraw via Interac. They might also set a time limit on how long you have to use the bonus or set different wagering requirements to what you might have seen with that same operator’s other, more generic promotions – so watch out!
Interac displays a long list of Canadian banks that are compatible with its Interac e-Transfer and Interac Online services on its website, but it’s important to note that some Canadian favourites don’t make the cut.
For example, CIBC customers are currently unable to use Interac to pay for online transactions at the time of writing – and this includes playing at an online casino Canada using Interac, too, so be careful here.
The best online casino that accepts interac deposits should also accept Interac withdrawals – and it’s often important to use the same payment method for both types of transaction if you don’t want to accidentally invalidate any bonus offers.
Again, reading through the operator’s bonus T&Cs very carefully is an absolute must, as every Interac e-Transfer casino in Canada will set its own terms and conditions affecting its bonus offers, and you don’t want to miss out just by making a silly mistake such as withdrawing via a different payment method. If in doubt, drop your preferred operator’s customer support team a message for clarification on any rules that appear hazy at first glance.
Signing up for an online casino with Interac could potentially be the best decision you’ll ever make – particularly if you’re able to get your hands on a generous Interac-only bonus.
This nationally-recognized and widely-revered payment method has one of the best reputations in the payment processing business, offers next-level security and is widely supported by sports betting sites and online casinos of all shapes and sizes – including many of those that recently made our top online casino list.
But before you get started, it’s important to remember that you’ll need an Interac-friendly bank account. On top of this, you’ll also want to tread very carefully when it comes to reading Interac bonus T&Cs – and keep in mind that Interac withdrawals might not always be processed as quickly as deposits. That said, this payment method is reliable, super-secure and very easy to use, and we’re sure you’ll have an awesome time using it.
Canadian bettors get to enjoy access to hundreds of different online casinos and betting sites, but no two sites will ever accept the exact same banking and payment options. If you’re looking for an online casino that accepts Interac, you’ll want to check out GamblingGuy’s latest comparisons of the best betting sites on the Canadian market right now. Find your perfect Interac online casino today using our expert betting guides and operator-by-operator comparisons.
Online betting is immensely popular in Canada and with good reason, too. Nowadays, you can sign up to an online casino or betting site using all kinds of payment options, from old school credit cards to up-and-coming e-wallets like PayPal and payment processing services like Interac – but how does betting using these popular payment options actually work? GamblingGuy’s trusted online betting guides contain all the answers you need, including everything you need to know about deposit and withdrawal times.
Before signing up with any Canadian online betting site, it’s vitally important you ensure your operator accepts the payment methods you intend to use – and that they don’t leave you waiting around for too long when you come to cash out your winnings. Different online casinos will impose different waiting times on their customers, which are usually dependent on the type of banking option you wish to use, too. Find out which operators offer the fastest withdrawals today with GamblingGuy’s casino comparisons and reviews.
Licensing and legality mean everything when signing up for an online casino or online betting site. When comparing Interac online casinos in Canada, you should always look at their licensing credentials to ensure they are properly regulated in your state or region. Here at GamblingGuy, our ratings and reviews will only ever recommend Interac online casinos that are 100% legit and seriously secure. Check out our expert comparisons and recommendations today.
Whether you prefer PayPal, Interac, Skrill or old school credit card transactions, online casinos in Canada have different rules and limits depending on which payment method you decide to use – so it’s important to opt for the banking option that offers a bettor like you the best deal. Visit GamblingGuy today to discover what kind of deposit and withdrawal times and limits you can generally expect when online betting in Canada – and which payment methods are most recommended to use.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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