Interac

Well, what Interac actually is is a topic of debate and it has been for quite some time now. Some think it’s an e-wallet. Some believe it’s a debit card. And some believe it’s a bank transfer method. The thing is, we can’t discard any of the thoughts right away.

Interac is essentially Canada’s national debit card. Before 2018, 2 separate organizations facilitated the transactions for the users. Interac Association and Acxsys Corporation.

Features like the Debit ABM withdrawals, the PIN system, and the contactless payments are all contributions of Interac Association. Acxsys Corporation, on the other hand, is responsible for features like Interac e-Transfer and Interac Debit.

Finally in 2018, both organizations merged and came out with a new entity named Interac Corporation. Now, it’s an omnichannel payment method. Although it still offers a few different products for the consumers, not all of them are suitable for use at Interac online casinos.

Interac online, for example, can only be used for deposits. It sounds like an e-wallet but it’s not. Rather, it’s an online bank transfer method, very much like iDebit. But unlike iDebit, you cannot withdraw real money from online casinos that accept Interac with the online product.

So, we’re going to primarily focus on the Interac e-Transfer. It’s going to be an interesting one because this one is not your traditional banking channel. The “e” in the e-Transfer may very well stand for email!

Once you’re certain that your bank is partnered up with Interac, it’s time to get your casino account ready. In this case, you have hundreds of options because Interac online casinos are very common in the country. Thankfully, our experts have picked the best of them just for you.

Simply follow the below steps to register.

1. Pick a casino from our list. That’s always going to be your first step for playing at Interac online casinos.
2. Once you find your pick, tap on the register button somewhere on the homepage. It should be brightly colored so that you don’t miss it.
   
3. Enter the required data including your full name, full address, currency, date of birth, and everything else.
   
4. Once you’re done with the registration, it’s time for a deposit. But as it’s your first time registering at this casino, you should be eligible for a welcome bonus. Read the terms beforehand so you can make the correct deposit.
   

So, are you ready for your first deposit at an online casino Interac? You can take 2 routes for this process. You can either use Interac online or Interac e-Transfer. If you ask us, we’d recommend you to use e-Transfer because it’s more suitable for online casinos. Worry not because we’re going to cover both in the following section.

1. Log into your casino account and navigate to the deposit page. Choose Interac from the list. There should be 2 separate options for Interac Online and Interac e-Transfer, given that the online casino Interac accepts both.
2. If you choose Interac Online, then enter your deposit amount, bank credentials, and authenticate the payment.
   
3. If you’re choosing Interac e-Transfer, it’ll open up a separate portal for Gigadat. Gigadat is the payment processor for Interac Corporation. You’ll need to select your bank, enter the account numbers, the destination email (casino will provide), and security questions (if you schedule auto-deposit).
   
4. Once everything is dialed in properly, the payment should go through instantly to your casino account.
   

Remember the huge list at the beginning of this page? Wondering how we came up with it? Here’s how. All casinos must go through an evaluation process and meet the following criteria:

• Interac casinos are the most popular form of online gambling in Canada, with over 70% of Canadian gamers using them.
• Interac casinos have been around since 1996, making them one of the oldest online payment methods in the world.
  
• Interac casinos have a low minimum deposit requirement of only $10.
  
• Interac casinos offer fast withdrawals, with most withdrawals taking less than 24 hours to process.
  
• Interac casinos offer a secure payment system, with all transactions being encrypted and protected.
  
• Interac casinos offer a wide range of games, including slots, table games, and live dealer games.
  
• Interac casinos offer a wide range of bonuses and promotions, including welcome bonuses, reload bonuses, and loyalty programs.