Interac Online at Online Casinos in 2024

InteracInterac Corp, formerly the constituents Interac Association and Acxsys Corporation, is a Canadian payments provider with an over 30-year track record of facilitating money transfers. Their shareholders include credit unions, banks, caisses populaires, payment processors and merchants.

They average over 17 million transactions a day and over 6 billion transactions a year which are made reliably, safely and securely. In fact, their efforts to detect and prevent fraud has made the organisation one of the least impacted by fraud globally.

Their products include Interac Cash, Interac Debit, Interac Flash, Interac e-Transfer and Interac Online. There are hundreds of thousands of merchants which accept Interac as a method of payment.

Trusted Online Casinos with Interac Online

Here, we offer you an up-to-date list with the best Interac Online casinos. All these casinos have valid licenses and a great player reputation, and offer bonuses to Canadian players. You can also find detailed reviews here.

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*Bonuses are tied to T&Cs. Bonuses can change any time.

Types of Interac payments

Interac Online: Interac Online will be of particular interest to Canadian online casino players as it is accepted by hundreds of merchants, including some online casinos, as an online form of payment. Here funds are debited directly from your bank account. Interac Online payments are instantaneous, easy to perform and safe to use. Even better, there is no need to create a new account. Plus, your payment details are not shared with the casino and you never go into debt since funds come from your bank account. There are maximum transfer limits which depend on your financial institution as are the fees, if any.

Plus, your payment details are not shared with the casino and you never go into debt since funds come from your bank account. There are maximum transfer limits which depend on your financial institution as are the fees, if any.

Interac Debit: Interac Debit payment method allows you to make everyday payments which are linked to your bank account. It has a functionality that is similar to cash but just more secure. It is available at over 500,000 merchants across Canada. Since you cannot spend more than you have it helps you control your spending.

Mobile Interac Flash: This debit payment method allows contactless yet secure debit transactions using a mobile device at participating merchants. It is the next step in the evolution of Interac Debit and is secured by transaction limits and pass code verification. At present, it is only available through RBC and Scotia Bank mobile wallets as well as on Mobile Pay which is a new service allowing participating credit unions to perform transactions using a mobile device.

Interac e-Transfer: Interac E-Transfer allows you to make and receive domestic payments from one P2P, P2B, B2P and B2B bank account to another through a participating financial institution online or on mobile device. You can also send or request funds using an email address or mobile phone number linked to a bank account in Canada.

There is no need to share any personal financial details, and you simply need to add a security question and answer. Participating institutions include Canada’s major banks and a number of credit unions. You can visit www.Interac.ca ↱ for a full list of participating financial institutions.

Remember once a transfer has been instructed using this method, you cannot use it to reverse or cancel it. Limits are imposed on the amount that you can transfer, set by your financial institution.

Interac Cash: This is a method for withdrawing funds from an ABM displaying the Interac logo. It is convenient, safe and secure, as it requires a pin.

Pros and Cons of Interac Online

Instant, safe, secure and discreet payment method
You cannot spend more than is in your account
only available to Canadians that have accounts with participating local financial institutions
Fees may apply from your Canadian financial institution

Deposits at casinos with Interac Online

Making a payment using Interac Online is instantaneous, safe and secure. You’ll need to go to the payments section of the online casino and select Interac Online as your deposit method.

You’ll then be redirected to Interac Online gateway page where will you be asked to select your financial institution and proceed to login using a bank card number and password.

Next, select your chequing/savings account and confirm the payment amount. Once this is done, you’ll be returned back the online casino page and your order will be processed.

Withdrawals at casinos with Interac Online

Making a withdrawal using Interac Online is also instantaneous, safe and secure. You’ll likely need to go to the payments section of the online casino and select Interac Online as your withdrawal method. You’ll then be redirected to Interac Online gateway page where will you be asked to select your financial institution and proceed to login using a bank card number and password.

Next, select your chequing/savings account and confirm the payment amount. Once this is done, you’ll be returned back the online casino page and your order will be processed.

Interac Online fees

Customers may be charged a transaction fee by their financial institution which is debited directly from the player’s account. These fees can vary from institution to institution. Additionally, the online casino may impose fees so you should check their T&C for clarity.

Summary

Interac Online is an instantaneous, safe and secure method for Canadian players with bank accounts at a Canadian financial institution to make online casino player account deposits and withdrawals. The company is a recognized brand amongst Canadians, being used to conduct 17m transactions a day and over 6bn a year. It's the most popular payment method for Canadians, and also a convenient method for online casino payments.

Interac Online FAQ

A casino deposit with Interac Online is processed within a few moments, after the payment provider accepted the payment and the bank confirmed that you have the required funds.

Yes, you can make a withdrawal with Interac Online, and once the payment is processed by the casino you'll have it within a few minutes. Keep in mind that the casino may ask you for your documents to verify your identity, and the verification may prolong the withdrawal by a day or two.

Each casino also applies their own processing times, and some even have a set pending time before they even look at a withdrawal request.

The Canadian company Interac Corp offers a number of different payment methods that can be used to make transfers to online casinos. The company has been around for over 30 years, making it one of the oldest fintechs in Canada.

The company warrants to keep user data safe and secure, and every transaction is processed through secured connections. Using Interac is a safe method to effect payments online, as you also have to confirm payments through the security feature of your bank. 

As a new player from Canada you may be entitled to receive a casino bonus for your first deposit, or even after the registration. Some casinos exclude some payment methods from bonus money, but Interac Online isn't usually one of them. When you make a payment with Interac Online you should be able to claim a casino bonus. Please refer to the bonus terms for more information about the casino bonuses.

Interac Corp is the company behind many payment products, including Interac Online and Interac e-Transfer. It has been operating since 1984, and it's a collaboration of the two companies Interac Association and Acxsys Corporation.

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