Interac Online is one of the most interesting payment services currently supported in the online gambling industry. It is a network of Canadian banking institutions formed to provide a more efficient transaction system. It was established in the mid-1980s with five founding members, and since then it has grown to include more than 90 organizations and institutions, becoming a major force in Canada.
| Interac Summary | |
|---|---|
| Available in | Canada |
| Website | www.interac.ca |
| Connecting bank card/account to Interac Online | N/A |
| Withdraw funds from Interac Online to your bank card/account | N/A |
| Pay to online merchants | N/A |
| Available for deposit | Yes |
| Available for withdrawal | Yes |
| Typical deposit time at online casinos | Instant |
| Typical withdrawal time from online casinos | Several working days |
| Live chat | No |
| Telephone support | 416-362-8550 / 1-855-789-2979 |
| E-mail support | etransfer_support@interac.ca; info@interac.ca; phishing@interac.ca |
In recent years, Interac launched the Interac Online service, which allows payments over the Internet. It was quickly adopted by the online gambling industry and is now one of the best banking solutions available to Canadian casino players. It enables quick, convenient payments, allowing gamblers to manage their bankrolls easily at online casinos that support the service.
Many of the large Canadian brands support Interac Online and a growing number of Canadian gamblers are currently using this banking solution. As its popularity grows, it is prudent to take a look at Interac Online and see how it stacks up against other prominent payment services in the industry. Below, you will find detailed information about how Interac Online works, its fee structure, and the advantages and disadvantages of using it for online gambling.
Best Interac Online Casinos
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Grand Mondial Casino
Min Deposit$10 for all deposit methodsMax Withdrawal$4,000 weekly withdrawal limitDeposit Methods
Withdrawal Methods
Withdrawal Time- Between 6 and 10 days for direct bank transfers
- Between 2 and 3 days for echecks
- Between 1 and 3 days for virtual wallets
- Within 3 days for cards
- Intuitive and easy to navigate
- An array of gaming options
- Transparent about theoretical payout percentages
- A great catalog of slots
- High levels of player protection
- Interac deposits start at $10
Grand Mondial Casino is a Microgaming-powered gambling site that offers a wide selection of online slots, progressive jackpots, and video poker variants. Fans of traditional casino play can enjoy any of the numerous table games in Grand Mondial’s library.
From High Streak Blackjack to No Commission Baccarat and Multifire Roulette, there is an option for every preference and playing style. The table games supplied by Real Dealer Studios use random number generators and pre-recorded video footage of professional dealers.
The entire portfolio is available for instant, in-browser play on both mobile and desktop devices. As a licensee of the Kahnawake Gaming Commission, Grand Mondial maintains a high level of transparency regarding the average payout rates of its games.
The catalog undergoes regular, independent audits by the renowned testing agency eCOGRA. The casino promotes responsible gambling, allowing customers to track their betting and gaming history through the PlayCheck feature in the account dashboard.
Players who have questions or need assistance can contact the Grand Mondial support team at any time. The casino provides multilingual support in English, French, and German, with representatives always on standby to assist in a professional manner.
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888casino
Min Deposit$/€10 for all deposit methodsMax Withdrawal$/€30,000Deposit Methods
Withdrawal Methods
Withdrawal Time- 4 to 6 days for Interac
- 6 days for Mastercard
- 8 days for Visa
- 4 to 5 days for e-wallets and iDebit
- 7 to 10 days for wire transfers
- Exclusive proprietary games
- Millions of customers worldwide
- A broad assortment of daily jackpots
- First-class live dealer games
- Winner of many prestigious industry awards
- More than 2,000 premium games
Established in 1997, 888casino is a household name that many players recognize. The casino has attracted more than 26 million customers by offering a massive catalog of engaging games that stand out for their superior graphics. One of the brand’s greatest advantages is that it delivers a range of proprietary games developed in-house.
For the rest of its portfolio, the operator has partnered with numerous world-class suppliers, including Pragmatic Play, Play’n GO, NetEnt, and Red Tiger. Evolution Gaming and Playtech power the live tables at 888casino, providing an assorted lineup of authentic games such as Lightning Baccarat, Crazy Coin Flip, Quantum Blackjack, Teen Patti, and more.
At 888casino, players will discover an extensive selection of progressive jackpots. Some are exclusive to the casino, with Millionaire Genie and Rise of the Pharaohs being prime examples. Daily jackpots are also plentiful, and these games feature timers that count down the remaining hours and minutes until the five-figure pots drop. Wide-area progressives like the Age of the Gods slots are likewise available, awarding prizes that can reach millions.
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Luxury Casino
Min Deposit$10 for all deposit methods, including InteracMax Withdrawal$4,000 per weekDeposit MethodsWithdrawal MethodsWithdrawal Time- 6 to 10 days for direct bank transfers
- 3 days for cards
- 2 to 3 days for electronic checks
- 1 to 3 days for virtual wallets
- A reliable and provably fair online casino
- Part of the prolific Casino Rewards family of brands
- Plenty of progressive jackpots
- Uses the Microgaming Quickfire platform
- Helpful and competent support agents
- Over 550 engaging slots and authentic table games
Operating as part of the prolific Casino Rewards Group, Luxury Casino is an industry veteran that has been around since the early 2000s. Its age is beginning to show, and the website looks somewhat outdated when compared with the newest sleek arrivals on the online gambling scene.
Even so, Luxury Casino boasts plenty of advantages, starting with an outstanding selection of Microgaming slots and table games. Players can become millionaires overnight, as the casino also hosts a wealth of lucrative progressive slots, including King Cashalot, Mega Moolah, and Cash Splash.
The partnership with Evolution Gaming allows Luxury Casino to offer exciting live game shows like Crazy Time, while Real Dealer Studios supplies authentic table games such as Real Spooky Roulette, Real Christmas Roulette, and Scarab Auto Roulette.
Luxury Casino caters to strategy fans with a solid range of video poker variants, including All Aces, Joker Poker, and Jacks or Better. The collection is rounded out with various scratch cards and instant-win games. All in all, Luxury Casino does an excellent job of delivering a versatile, high-quality gaming experience despite its dated look.
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Golden Tiger Casino
Min Deposit$10Max Withdrawal$4,000 per weekDeposit MethodsWithdrawal MethodsWithdrawal Time- 6 to 10 days for direct bank transfers
- 3 days for cards
- 2 to 3 days for electronic checks
- 1 to 3 days for virtual wallets
- An established gambling brand
- A wide selection of Microgaming releases
- More than 10 million players
- A generous loyalty program
- Independently audited for fairness
- Transparency regarding payout rates
Golden Tiger works with only a select few software providers, yet still manages to deliver a highly comprehensive gambling experience for players of all levels. More than 550 distinct titles are available at this established online casino, courtesy of the acclaimed Microgaming.
Slots make up the largest gaming category, although there are plenty of choices for customers who prefer a more classic experience. They can enjoy polished table games like Dragon Tiger, French Roulette, Perfect Strategy Blackjack, and No Commission Baccarat. We counted 23 titles in the video poker section of the lobby, including player favorites such as Deuces Wild and Joker Poker.
The casino also hosts a range of live dealer games supplied by Evolution Gaming. Access to these live tables depends on your country of residence. If Evolution’s tables are unavailable in your region, you can try one of the authentic releases from Real Dealer Studios, which mimic live casino play but use random number generators and pre-recorded dealer clips.
At Golden Tiger Casino, depositing customers have access to a solid array of banking solutions that enable secure deposits and withdrawals. The cashier supports payments in several major currencies, including USD, EUR, CAD, and GBP.
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Yukon Gold Casino
Min Deposit$10Max Withdrawal$4,000 per weekDeposit MethodsWithdrawal MethodsWithdrawal Time- 6 to 10 days for direct bank transfers
- 3 days for cards
- 2 to 3 days for electronic checks
- 1 to 3 days for virtual wallets
- Online since 2004
- Seven-figure progressive jackpots
- Optimized for play on the go
- A wide range of flexible deposit options
- Safe and trustworthy
- Regulated by the Kahnawake Gaming Commission
Named after Canada’s westernmost territory, Yukon Gold Casino has firmly established itself as a reliable and highly trusted online gambling operator. The site has provided a quality gaming experience since 2004, catering to players with a balanced selection of Microgaming slots and table games. There is something here for every preference and skill level, from novice to seasoned player.
When it first launched, the casino required users to download a desktop client to access the lobby. Fortunately, the long-standing brand has moved with the times, and this is no longer necessary. The full game portfolio is now available for instant play in all mobile and desktop browsers.
In addition to its versatile library of more than 550 titles, Yukon Gold supplies 24/7 live chat support, secure banking, and attractive promotional incentives. All newly registered customers automatically join the casino’s generous six-tier loyalty program, which rewards regular play.
Players can rest easy knowing that their sensitive data is protected. The casino is fully SSL-encrypted, safeguarding all personal and financial information. The operator also publishes its overall payout percentage, which currently averages 96% according to eCOGRA’s estimates.
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LeoVegas Casino
Min Deposit$20Max Withdrawal- $4,000 per single transaction
- $20,000 monthly limit
Deposit MethodsWithdrawal MethodsWithdrawal Time- 5 days for online banking transfers
- 2 days for credit and debit cards
- 1 day for virtual wallets
- Native mobile apps with biometric authentication
- Mobile Casino of the Year at the 2021 EGR Operator Awards
- Over a decade of industry experience
- A massive collection of first-class games
- A broad selection of live tables
- Publicly listed on the Nasdaq Stockholm
LeoVegas is one of the pioneers of mobile gambling, having launched in 2012. The brand has gone from strength to strength over the past decade, reaching players in dozens of countries, including the UK, Canada, Sweden, Spain, and Denmark. Its library features a varied selection of first-class casino games provided by industry greats like Red Tiger, Microgaming, NetEnt, and SG Digital.
The action never stops at LeoVegas, with hundreds of captivating releases waiting to be explored. From the hottest video slots to table classics such as blackjack, baccarat, and roulette, there are more than enough games to keep you entertained.
The casino also offers a variety of live tables powered by world-class suppliers like Playtech, Pragmatic Play, and Evolution Gaming. Highlights include Lightning Roulette, One Blackjack, Peek Baccarat, and Texas Hold’em Bonus Poker. Game shows hosted by live presenters are likewise part of the lineup, with Boom City, Crazy Time, and Crazy Coin Flip being particularly popular.
LeoVegas provides outstanding customer support, as one would expect from an award-winning operator. Assistance is available around the clock, and players can reach the support team via email, live chat, or online form.
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Zodiac Casino
Min Deposit$10Max Withdrawal$4,000 per weekDeposit MethodsWithdrawal MethodsWithdrawal Time- 6 to 10 days for direct bank transfers
- 3 days for cards
- 2 to 3 days for electronic checks
- 1 to 3 days for virtual wallets
- Optimized for gaming on the go
- Versatile collection of top-tier Microgaming titles
- Rewarding VIP program for loyal patrons
- Live tables powered by Evolution Gaming
- Over 550 superb games to choose from
- Solid customer support
Zodiac Casino debuted on the online gaming scene in 2001, making it one of the oldest virtual casinos on the internet. The website captures attention as soon as it loads, featuring a memorable layout inspired by astrology. Zodiac Casino is among the most prominent brands operated by the Casino Rewards Group, a highly respected company that runs several other established gambling sites.
The casino is cross-compatible and delivers a premier mobile experience across a wide range of smartphones and tablets. The brand’s biggest claim to fame is its comprehensive selection of premium games supplied by none other than the industry veteran Microgaming.
Players can take their pick from hundreds of thrilling, feature-rich video slots, including blockbuster releases like Agent Jane Blonde, Thunderstruck, and Fortunium. Branded slots such as Game of Thrones, Jurassic World, and Terminator 2 are also available.
The star-studded website goes far beyond slots and offers a wealth of classic table games, including favorites like European Roulette, Vegas Downtown Blackjack, Sic Bo, and Dragon Tiger. There is no shortage of options for players who want to incorporate strategy into their betting sessions. Simply navigate to the video poker tab to find more than 20 variations of this strategy-based game.
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Casino Classic
Min Deposit$10Max Withdrawal$4,000 weekly limitDeposit MethodsWithdrawal MethodsWithdrawal Time- 6 to 10 days for direct bank transfers
- 3 days for debit and credit cards
- 2 to 3 days for echecks
- 1 to 3 days for e-wallets
- A provably fair and secure online casino
- Lots of great promotional incentives
- Simple design that enables swift navigation
- Lucrative progressive jackpot games
- Licensed by the Kahnawake Gaming Commission
- A seasoned brand with two decades of experience
Casino Classic lives up to its name, featuring a vintage, toned-down design that avoids flashy banners and keeps the focus on the games. Some may frown at the old-fashioned look, but this simplicity actually works to the casino’s advantage, enabling newcomers to navigate the site with ease.
With more than two decades of industry experience, Casino Classic has solidified its position on the online gambling scene, delivering nothing short of a superior experience to all customers. The lobby offers a substantial selection of Microgaming titles across all major gaming categories, including video slots, video poker, instant wins, and table games.
The live section is particularly noteworthy, featuring dozens of tables hosted by skilled Evolution Gaming dealers. The limits are diverse enough to accommodate both high rollers and players on a shoestring budget. Customers who dream of life-changing wins should visit the progressive jackpot section, where classics like Cash Splash, Mega Moolah, and Treasure Nile (the 5-reel version) await.
New players can set up their accounts in USD, CAD, EUR, GBP, or NZD. Depositors have access to a broad range of secure banking options, including cards, online banking intermediaries such as Interac, and virtual wallets. Customers needing assistance can reach the multilingual support team, available 24/7.
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Casumo Casino
Min Deposit$10Max Withdrawal- $10,000 daily limit
- $50,000 monthly limit
Deposit MethodsWithdrawal MethodsWithdrawal Time- Within 5 days for bank transfers
- Instant after approval for e-wallets and online banking
- No additional withdrawal fees
- Established in Sweden in 2012
- State-of-the-art native apps for iOS and Android
- A distinctive and highly innovative online gambling brand
- Regulated in all major markets
- More than 3,600 games
Founded in 2012, Casumo has established itself as one of the most distinctive brands in the online gambling industry. The casino marries innovation with style, boasting a polished design, numerous filtering options, and a comprehensive library that spans more than 3,600 exciting games.
Reel spinners will find Casumo particularly appealing, as slots make up the largest portion of its gaming library. There are titles for everyone, whether you prefer three-reel classics, advanced feature-rich video slots, or multi-tier progressive jackpots.
The games come courtesy of multiple software greats, including Big Time Gaming, NetEnt, Yggdrasil, Red Tiger, Playson, Quickspin, and Microgaming. Pragmatic Play, Playtech, and Evolution Gaming supply the live dealer tables. In its quest for versatility, Casumo has also partnered with several up-and-coming studios like Stakelogic, Northern Lights, Jelly, Gamomat, and Foxium.
Navigating such a massive library would be daunting without effective filtering tools. Players can filter games by software provider, release date, and specific features like Buy Bonus and Megaways. Browsing the releases alphabetically in ascending or descending order is also an option.
Beyond its versatile library, Casumo engages players with original promotions. Customers earn ‘valuables’ every time they place real-money bets and can compete in the monthly Reel Races for a chance to secure additional prizes.
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Captain Cooks Casino
Min Deposit$10Max Withdrawal$4,000 weekly restrictions on withdrawalsDeposit MethodsWithdrawal MethodsWithdrawal Time- 6 to 10 days for direct bank transfers
- 3 days for debit and credit cards
- 2 to 3 days for echecks
- 1 to 3 days for e-wallets
- An established brand with over 20 years of experience
- Website available in several languages
- Fair casino with average payout rate of 96%
- Independently audited by eCOGRA
- A variety of responsible gaming tools
- Hundreds of graphically impressive games
Captain Cooks is a veteran of the online gambling industry, with more than twenty years of experience to its name. The casino would not have survived in this highly competitive field for so long without its premier selection of games, outstanding customer care, and commitment to transparency. Its Microgaming-powered catalog is subject to regular fairness audits, and the casino openly shares the results on its website.
Registered customers can access a wide array of top-notch video slots, video poker variants, and classics like blackjack, baccarat, and roulette. Live dealer tables, instant-win games, and progressive jackpots are likewise available at Captain Cooks Casino. The lobby is neatly organized into categories such as Featured, Exclusive, and New Games, and players can even browse the current hot and cold slots.
Captain Cooks is dedicated to providing a secure gaming environment, protecting players with 2,048-bit RSA encryption and sophisticated firewalls. A variety of responsible gaming tools are also on hand, including self-exclusion and customizable deposit limits.
Players planning larger cash-outs should remember that the casino restricts weekly withdrawals to $4,000, although the operator may increase this limit at its discretion.
Registration for Interac E-Transfer Autodeposit
Registration is not a prerequisite to using Interac Online for borderless payments since the platform merely serves as a bridge between payees and the partnering banks. When initiating a payment, Interac users are redirected to the online banking gateways of their financial institutions. They must log in with their existing online banking credentials to authenticate the money transfers.
With that in mind, registering for Interac e-Transfer Autodeposit is an option, although it is not obligatory. The feature enables you to easily send, request, and receive funds by using a valid mobile number or email address.
It further improves the flexibility of banking with this method because subscribers have all incoming funds automatically deposited to their personal bank accounts, without the need to answer security questions for each transaction. Players must fulfill three simple requirements to subscribe to the Interac e-Transfer Autodeposit feature. They must have:
- An active account at a participating bank in Canada
- Access to the mobile or online banking services of said bank
- A valid email address or a phone number from a Canadian mobile carrier
The exact registration process may differ based on the specific financial institution but generally involves the steps described below. Keep in mind some Canadian banks may not support Interac e-Transfer Autodeposit. We recommend you contact your participating bank or credit union to confirm the feature’s availability beforehand.
- Load the website or the mobile app of your bank and log into your online banking account with your existing credentials.
- Navigate to the Interac e-Transfer Autodeposit section. The feature is typically found in the app’s settings menu but the exact location may differ from bank to bank.
- Type in your email address to subscribe for the Autodeposit feature and select the bank account for the automatic money transfers.
- Save the settings and check your email address to verify and complete the registration for Interac e-Transfer Autodeposit.
- The feature is now set up so that incoming transfers will be directly debited to your preferred bank account.
How Interac Autodeposit Works
Using Interac Online for Gambling Transactions
The Interac Online service has several aspects that will come in handy when you need to make transactions. Moreover, you will be able to make payments in several ways. The Interac service is made up of Interac Debit, Interac Flash, Interac e-Transfer, Interac Cash and Interac Online. Below, we will cover all of these aspects and explain how they work.
Interac Debit
Interac Debit is a fundamental component of the Interac service, and it will surely come in handy. With Interac Debit, you have direct access to your funds wherever you go, thanks to the debit card issued and sent to you. With it, you can make purchases at over 500,000 retail locations across Canada, indicated by the Interac logo at the checkout counter.
The transactions are approved online and carried out in real time. This means the funds are transferred directly from your Interac balance to the merchant’s account. Furthermore, you can only spend money that you already have in your balance, and the service does not extend credit to you. With this in mind, you do not need to worry about racking up debt when using Interac Debit. The debit card works like any other bank card. To use it, insert the card into the POS terminal and enter your PIN to confirm the payment. It is secure, convenient, and easy to use. Of course, you will need a positive balance before you can use it.
Interac Flash
Interac Flash is an innovative way to make payments at retail locations using only your smartphone. It is a contactless debit solution where you simply hold your smartphone near the POS terminal and the payment is completed. Using Interac Flash comes with a few requirements, the most important being that you have a smartphone with NFC (Near Field Communication) capabilities and Internet access. The Interac Flash service also needs to be supported by your bank of choice and you need to have the bank’s mobile application installed on your device. On the Interac website, you will find a list of banking institutions that support Interac Flash. For security purposes, Interac Flash can process transactions of up to CA$100 at a time.
Interac e-Transfer
Interac e-Transfer is one of the most widely used aspects of the Interac service, allowing you to send and request money quickly and conveniently. Making payments is simple with Interac e-Transfer; you need only the recipient’s mobile phone number or email address. Sending money is hassle-free: just log in to your Interac account, select your financial institution, and enter the required information. Next, fill in the recipient’s email or phone number and confirm the payment.
The ability to request money via Interac e-Transfer is another major feature of the service. If you are expecting funds, you can easily make that happen. To do this, simply log into your online banking and look for the Request option in the e-Transfer section. You will need to fill in the other person’s name and email or phone number, and you can also provide a brief explanation for the request. Enter the amount that you wish to be sent and confirm the request.
Transactions within the Interac e-Transfer system are processed almost instantly, so the recipient will have the funds within seconds. The same speed applies when you receive money.
Interac Cash
Interac Cash is a service which allows you to withdraw funds from your bank account at Interac-branded ABMs. With this service, you can withdraw cash in almost every corner of the country with complete ease. Interac Cash is entirely secure and you need not worry about your funds being compromised.
The withdrawal process is quite simple and is likely nothing that you have not done before. Insert your debit card into the machine, choose the withdrawal option, and enter your PIN. Keep in mind that there may be additional fees and charges, determined by the owner of the ABM.
Interac Online
Interac Online is the final component of the Interac service. It provides users with a quick and secure payment solution for making transactions on the Internet. You can use it at hundreds of online stores and at gambling websites as well. This transaction method does not reveal your personal or financial information, allowing you to maintain your privacy. Making a payment is straightforward, just like with the other Interac services. The transaction will be processed quickly and the money will be transferred almost instantly.
| Interac Online Gambling Transactions | |
|---|---|
| Supported transactions | Deposits and withdrawals |
| Deposit pending time | Instant |
| Withdrawal pending time | Several days |
| Additional security | Requires login |
Advantages and Disadvantages of Interac Online as a Casino Deposit Method
As is the case with any online payment service, there is no one-size-fits-all solution. Each banking method comes with its own set of advantages and disadvantages, and it is up to you to weigh the positives and negatives to form your own opinion. Right now, we will go over all of the relevant qualities of Interac and see whether this payment method is worth your time.
Starting off with the advantages, we are happy to report that Interac has many of them. To begin with, it is widely accessible and supported by a large number of Canadian online casinos. These gambling websites know their user base and try to appeal to as many players as possible. This also means accepting payments via popular regional services. Interac enjoys a large user base and is one of the primary online banking solutions for Canadian gamblers. As a result, there are few online casinos that do not accept it. What this means for you is that if you become bored with one gambling website and wish to switch to another, chances are you will be able to use Interac at the new casino as well. This negates the need to set up a different payment service to manage your bankroll, as Interac is readily available.
Furthermore, Interac’s main goal from the beginning was to create an infrastructure where domestic payments can be made easily and efficiently. At the time of writing, more than 80 banking institutions have entered into the network. Therefore, you will likely be able to connect your bank account to Interac and send or receive payments with ease.
Speaking of payments, those made via Interac are processed quickly and at low cost. Interac is one of the most affordable banking solutions available, and if you use it, transaction fees will hardly affect your bottom line. Moreover, you will benefit from instant deposits to your online casino balance and fast withdrawals where available.
Last but not least, Interac not only offers a way to manage a casino bankroll, but it also has real-world applications. While the online casino industry supports a wide range of banking solutions, not many of them can be used outside of it. Interac, on the other hand, has been a standard for online banking in Canada for years and is a stable banking network with hundreds of thousands of businesses accepting payments through the service. You should not underestimate this; rather, take it into serious consideration.
As for the disadvantages, there are not too many of them, but some are worth mentioning. To begin with, the Interac service is only available to Canadian residents. After all, to use the service, you need to have a bank account with a Canadian institution. This automatically disqualifies foreign residents and anyone else who wishes to use the service.
The problems eligible Interac users face mostly boil down to acceptance. While casinos that appeal to the Canadian market support Interac, those websites aimed at other markets will likely not accept it as a payment solution. This is unfortunate because there is a wide range of online casinos available to Canadian players, and if you like one that does not accept Interac, you will have to use a different banking solution. While this problem may disappear down the line as Interac becomes more ingrained in the online gambling industry, the present state of the online gambling scene does not hint at it becoming a reality any time soon.
| Interac Pros | Interac Cons |
|---|---|
| Widely available at Canadian-friendly casinos | It can be used only by Canadians who have an account at one of the supported banks |
| Available for transactions in both directions | Some casino operators charge fees on cashouts |
| Reliability | Additional costs for some services |
| Offers a number of different services | |
| Uses anti-fraud technologies | |
| Fast processing times |
Fees for Gambling Transactions with Interac Online
As mentioned above, Interac is one of the most affordable online banking solutions, and we will now explore its fee structure in more detail. Each aspect of the Interac service comes with its own unique fees and charges, though even the highest will not break the bank.
Using Interac Cash to withdraw money at ABMs will result in a Switch Fee of CA$0.006243, while the Switch Fee for Interac Debit and Interac Flash will be CA$0.005759. The Interchange Fee for Interac Debit is a flat CA$0.75, while for Interac Flash it ranges between CA$0.02 and CA$0.035. Something that you should take into account is that withdrawing money from an ABM may come with additional charges, determined by the operator of the machine. Interac Online charges vary, although the fee usually falls between CA$0.115 and CA$0.265.
Overall, Interac offers very inexpensive transactions compared to many other payment services, and we are certain you will appreciate the cost efficiency.
| Interac Online Fees | |
|---|---|
| Gambling deposit fee | Free |
| Gambling withdrawal fee | Varies |
| Bank account deposit fee | N/A |
| Bank account withdrawal fee | N/A |
| Credit/debit card deposit fee | N/A |
| Credit/debit card withdrawal fee | N/A |
| Maintenance fee | Interac Cash – flat fee of CA$0.75; Interac Flash – CA$0.02-CA$0.035 flat fee; Interac Debit – commission-free |
Processing Times for Interac Online
Another thing to consider when choosing an online payment service is the speed of the transactions. Naturally, you want a banking method that will process your deposit quickly so that you can start playing your favorite casino games. While traditional bank transfers can take days to clear, Interac transactions are much quicker. In fact, you will not have to wait for more than a few moments for a deposit to be processed. The wait time mostly consists of filling out the deposit forms and confirming the payments. With Interac, you can fund your bankroll at any hour of the day and have the money appear in your casino balance within seconds.
Withdrawals are also possible via Interac, though the number of gambling websites supporting this is currently limited. Still, casinos that do process cash-outs via Interac will approve your request within 24 hours and then send the payment. After that, it can take up to two business days for the transaction to clear and for the money to reach your account.
| Interac Online Processing times | |
|---|---|
| Gambling deposit time | Instant |
| Gambling withdrawal time | Several working days |
| Bank account deposit time | Instant |
| Bank account withdrawal time | Two to six working days |
| Credit/debit card deposit time | N/A |
| Credit/debit card withdrawal time | N/A |
Mobile Interac Online
As with any quality payment method, you will have the option of using Interac from your mobile device. Not only are all online features available from your smartphone or tablet, but you will also be able to utilize the Interac Flash to pay with your mobile device at POS terminals.
The process of making payments from a mobile device is not much different from the desktop experience. You head over to the Cashier page and select the Interac option. Then, simply enter the required information and confirm the transfer. As mentioned above, the process is almost instantaneous, and you can start playing your favorite games right away.
| Interac Online Mobile Payments | |
|---|---|
| Apple Pay | Yes |
| Google Pay | Yes |
Security at Interac Online Casinos
When making payments online, you should always be concerned about transaction security. Interac by itself is a very secure service, incorporating many banking institutions within its network. You can be sure that payments made via this service are secure.
Naturally, you should also be concerned about the security features of your chosen online casino. In today’s industry, online gambling websites have introduced very complex security systems that are meant to protect your data and funds should the need arise. Typically, this comes in the form of encryption software, which encodes all information that passes through a casino’s systems. Modern encryption algorithms are extremely difficult to break, which makes them effective. Not only is the effort needed immense, but it is not worthwhile for prospective wrongdoers. When using Interac Online, you can rest assured that you are safe and can play your games in peace.
| Interac Online Mobile Payments | |
|---|---|
| Passcode | Yes |
| Fingerprint | Yes |
| Face ID | Yes |
| Two-factor authentication | No |
| Trusted devices | No |
| IP Restrictions | No |
Interac Online Casinos FAQ
We understand that, while we have covered many important aspects of Interac, there may still be other things that interest you. To help you satisfy your curiosity, we have compiled a list of the most commonly asked questions regarding Interac as an online gambling deposit method.