Interac is an online casino payment method that is popular among players from Canada. This method is simple, easy to use, fast, and secure, and is available by default with almost every Canadian bank account. Over 16 million transactions are made every day by Canadians with this method, and this includes payments to and withdrawals from a player’s casino account.
The way this method functions is unique; it allows you to debit funds and also make payments from an existing account. Players can make deposits and transact funds only from their bank accounts using any one of the products listed.
- Payment Type: Digital payment interface
- Sign Up Cost: None
- Fees to Send/Receive Money: None
Top Bonuses at Canadian Interac Casinos
There are a number of good Canadian online casinos offering this payment method. Sometimes choosing the right casino can be a problem because of this. In this section we review and list for you the best Canadian casinos supporting this method along with the welcome bonus on offer and the accompanying wagering requirements.
12 Bonuses at Casinos that accept Interac
|Jackpot City Casino||New||100% match up to C$1600||50x Bonus||Play Now|
|Platinum Play Casino||100% match up to C$200||30x Bonus||Play Now|
|Royal Vegas Casino||100% match up to C$1200||40x Bonus||Play Now|
|Lucky Nugget Casino||150% match up to C$200||50x Bonus||Play Now|
|Lucky Nugget Casino||100% match up to C$1000||50x Bonus||Play Now|
|Gaming Club Casino||100% match up to C$350||50x Bonus||Play Now|
|Vegas Palms Casino||200% match up to C$100||30x Bonus||Play Now|
|Ruby Fortune Casino||100% match up to C$750||50x Bonus||Play Now|
|Ruby Fortune Casino||10 Free Spins||As per Bonus Terms||Play Now|
|Spin Palace Casino||100% match up to C$375||50x Bonus||Play Now|
|Spin Palace Casino||C$0 with 110 Free Spins||As per Bonus Terms||Play Now|
|Spin Palace Casino||20 Free Spins||As per Bonus Terms||Play Now|
All about Interac
This payment processor is one of the veterans when it comes to payment methods; it was launched back in 1984 by Interac Association in collaboration with Acxsys Corporation. Back then Interac Association was a cooperative business venture between 5 major financial institutions in Canada:
- Royal Bank
- la Confédération des caisses populaires et d’économies Desjardins du Québec
- Royal Bank
The first product from this payment method provider was the Cash offering. It works under the guidelines laid down by the issue of an order – the Consent Order – by the Competition Tribunal of the Government of Canada. 1994 saw the launch of the Debit product, and the others slowly followed. One thing to remember; it is completely secure as it has the dual security net – its own and the one laid down by the bank.
How to Deposit Funds at Canadian Online Casinos with Interac
It is not very difficult to deposit funds into your casino account using this payment processor. You do not even have to open a separate account with this method to log in and use it; it is that simple. Even though the banks may vary, the payment deposit process is essentially the same. We list out the deposit process in easy-to-remember steps.
- Register with an online casino by filling in the required details and choosing a username and password.
- Log in to your casino account using the user credentials you have chosen.
- Visit the Banking or Cashier section and head to the Deposit section.
- Select Interac as the preferred payment option.
- Enter the amount you want to deposit.
- Select the banking account from which to make the deposit.
There is a slight variation depending on the product being used. For instance, when it comes to using the E-Transfer option you will need to add in a security question as well.
Here are a few advantages of using Interac at online casinos.
- It is simple and does not require log in.
- It is supported by most banking methods.
- You get a wide array of products to choose from.
- Smooth and easy transactions.
- There is no transaction fee.