Does Interac Work?
Interac is a Canadian debit card system, which implies that it can only be used by players based in Canada. The platform also takes care of electronic financial transactions. All Canadian credit unions and banks support the system, though it is more like a credit card – unless you have a balance in your account, you can’t use it. The only difference with Interac is that you need your client’s card alongside your online banking PIN.
Interac lets you complete financial transactions between your bank account and casino account. You can do this without a need to access your bank account, which makes Interac highly reliable. The service has features aimed at preventing your sensitive information from leaking to third parties. While using Interac to complete online transactions, you will not leave any trail between your bank and casino account.
This has been made possible through the process facilitated by Interac upon signing up with them. Punters have the privilege of transacting and moving their money across the region just by using their Interac accounts. It is much safer because your Interac details have no relationship with your bank account details. They have a fast and straightforward sign-up process. They ensure that you get instant access to your money on safe grounds.
If you are a Canadian, there is a good chance you are already familiar with using the Interac payment service. This is because it is commonly used to share funds with friends and loved ones in Canada. The same steps can be used to send and withdraw money from online casinos. There are top Interac casinos that you should consider using, and we have listed some of them in this guide. Choose one of them as an initial step toward using your Interac account with an online casino.
Right on the webpage of your casino account, you should select Interac as your preferred payment option.
From there, you will have to decide on the amount you are looking to deposit to Interac online casino of your choice.
Once you have selected an answer to your secret question, the same will be sent to your email address. This is done to enable the confirmation of your email and the payment information.
The processing of your payment will kick off once you have received the answer to your secret question. Note that until the process is completed, you will not be able to start playing right away. It is a ten-minute process that is straightforward.
With Interac, the withdrawal works in the same way. However, take into account that the funds might take up to six working days to process – depending on the casino you are playing at. This is seen as one of the major setbacks of Interac. The withdrawal fees might also be high compared to when you use other methods to withdraw funds. The company delivers a notification to your mobile device or email. This will inform you of the transfer, sender, and the total amount of money you should expect.
Here are the steps you should follow when making a withdrawal:
Log into your online casino account and go look for the cashier section and get your winnings.
Share all relevant payment details and documentation as requested by your cashier.
Decide on how much you are trying to withdraw and ensure that all wagering requirements have been cleared before you attempt to collect any bonus cash.
Request the transfer – Now you will have to wait for the money to be disbursed to your bank account. Once you have received funds, you can spend them as you would with any money in your bank account.
How Safe are Payments with Interac?
Interac is one of the safest online payment methods in Canada used by punters. You need to understand that the company works with at least 250 banks, financial institutions, and credit unions. This is enough to show that the company offers safe payment methods to its clients. Furthermore, as mentioned before, when initiating a payment via Interac you do not have to reveal your online banking data to an online casino. Therefore, as long as you keep your data private, Interac is definitely one of the safest casino payment methods.
Top Big Time Gaming Interac Casino
The industry is growing fast, but some key providers are highly reputable – one of them being Big Time Gaming. They offer a revolutionary OMNI range of products that include the likes of Extending Reels, MegaWays, and Feature Drop. Big Time Gaming casino games are all licensed. Therefore, you can be sure that they offer safe and high-quality games. Here are our top Interac casinos with BTG.
Recommendable Evolution Gaming Interac Casinos
Evolution Gaming has manifested an exclusive effort toward becoming the best live casino provider. Currently, they provide the best live gaming experience. They ensure that players get an unrivalled quality of games. Below, we have listed top casinos with Evolution Gaming and Interac.
Interac Casino Bonuses
Interac casinos provide new players with amazing promotions and VIP schemes. Despite the site you are using, when you use Interac to make your first deposit, you are sure to get a welcome bonus. However, you must first ensure that the site provides Interac payments. Interestingly, however, Interac is currently one of the fastest casino payment method available. Here are our top welcome bonuses that you can claim if you make your first deposit with Interac.
Many reliable payment providers are available, in case you are looking for the best alternatives to Interac. The alternative payment methods have become a necessity for punters from Canada. InstaDebit, for instance, has gained massive popularity over time. Once you have spotted Instadebit’s logo at the bottom of your favourite casino’s page, it means that Canadian punters have some specials to take home. iDebit is another great payment option for Canadian-based punters.
Our Conclusion on Interac
Interac is easy to use. It is more like using other online payment methods. Many online gamblers are already using the method, and they are happy with the experience. The major drawback is that the system is only available for Canadian punters. On this page, you will find a comprehensive list of the best Interac casinos available.