It is certainly impossible to imagine a Canadian certified online casino without a payment method like Interac. By 2022, 6,3 billion transactions had been processed through Interac Debit. Below you will find the List of Canadian Interac Casinos and we will describe in detail how to use Interac for depositing and withdrawing.
List of Canadian Interac Casinos
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Minimum deposit of $50 required. Wagering requirement: 40x deposit and bonus amount. Free spins credited upon deposit. Free spin winnings subject to 30x wagering. Bonus valid for 30 days. Maximum bet with bonus funds: $10. General casino terms apply.
History of Interac
Established in 1984, Interac Corp. was a beacon of innovation, marking the dawn of Canada’s first unified electronic payment network. This collaborative endeavor of major financial institutions eased and expedited transactions nationwide. Interac’s continual evolution, including the introduction of Direct Payments in 1994 and peer-to-peer money transfers in 2003, consistently reinforced national stature in the global electronic financial arena. The launch of Interac Online in 2007 and Interac Flash in 2010 exemplified its commitment to ensuring secure and streamlined transactions, significantly shaping Canada’s modern digital economy.
In 2022, Interac e-Transfer Transactions amounted to 1,06 billion, while Interac Debit e-Commerce Sales reached $6,01 billion.
How Interac Casinos Work
There are mainly two ways through which Interac facilitates transactions – Interac Online and Interac e-Transfer.
Interac Online allows you to make real-time payments at online casinos directly from your bank account. It is quick, and there’s no need for any additional registration. You simply choose Interac Online as your payment method, select your bank, and follow the prompts to complete the transaction. This process keeps your financial details secure, making it a favored choice for many online casino players.
Interac e-Transfer, on the other hand, has some similarities to Interac Online, but it has its own characteristics as well. In most cases, it helps to withdraw your winnings. Indicate the withdrawal amount, approve the transaction, and watch as your winnings embark on their journey back to your bank account.
How to Register at Interac Casino
It is possible that the registration process at Interac casinos varies, but we have chosen a Canadian certified Betway casino as an example at this point. To register for an Interac casino, follow these steps:
- Navigate to the main page of the casino and click the “Sign Up” button to begin the registration process.
- Enter Personal Details, such as your first name, middle name, last name, and date of birth in the corresponding fields.
- Fill in Account Information by choosing a username and a secure password. Also enter a valid email address.
- Supply additional contact details as required and it is optional to set deposit limits to manage your gambling responsibly. Select a welcome offer if available.
- Verify Your Identity by clicking on the “Bank” button.
- Start the identity verification process at the Verification Portal. You can provide a copy of your driver’s license or passport for verification.
Interac Online Depositing Guide
Since Interac Online differs slightly from Interac e-Transfer, here is how to deposit funds into your casino account using Interac Online method:
- Access your casino account. Begin by logging into your casino account.
- Head to the deposit section. Navigate to the deposit section, opt for Interac Online as your payment method.
- Input the depositing amount. Choose the amount you wish to deposit into your casino account. Remember to check the conditions of the welcome bonus, and specifically the minimum deposit, if you wish to use it.
- Select your bank. Much like regular Interac Online transactions on various e-commerce platforms, choose your respective banking institution for the fund transfer. Note that although some bank logos may be available here, you will not be able to click on some of them and make a deposit.
- Navigate to your bank’s website. Upon selecting your bank, you will be redirected to its website to carry on with the transaction.
- Confirm the deposit amount. Authenticate the deposit amount from your bank account to ensure the correct transfer of funds.
- Obtain a transaction receipt. After the transaction completion, secure a receipt for your records.
- Enjoy your instantly funded account. With the transaction approved, your casino account will be instantaneously funded, allowing you to start playing games.
Interac e-Transfer Depositing Guide
Follow these instructions to fund your account via Interac e-Transfer:
- Log into your casino account. Initially, sign into your casino account.
- Navigate to the deposit section. Move to the deposit section, opt for Interac e-Transfer, and enter the sum you wish to transfer.
- Verify the amount. Confirm the amount you are transferring to ensure accuracy.
- Choose your financial institution. Select the appropriate financial institution or credit union from which to deposit funds. Unlike Interac Online, all the bank logos here represent the banks you can deposit with.
- Note the provided email and security details. After choosing your financial institution, note down the displayed email address and security question/answer.
- Complete the transaction at your bank. Input these details into your bank’s platform to finalize the transaction.
- Confirm the funded account. Check your casino account to notice the immediate availability of funds for your gaming enjoyment.
Instant Withdrawals with Interac
Withdrawing using Interac is pretty smooth process:
- Access Your Online Casino Account. Sign in to your online casino account and navigate to the financial or cashier section to proceed with your withdrawal.
- Submit Required Information. Provide all the necessary payment details as requested by the casino.
- Specify Withdrawal Amount. Determine the amount you wish to withdraw. Verify that all wagering requirements are met, especially if you are withdrawing bonus money, to avoid any complications.
- Initiate the Withdrawal Process. Confirm the details and initiate the withdrawal process. Await the transfer of your winnings to your designated bank account.
Remember, unlike depositing, withdrawing money usually comes with a fee. If you’re moving it directly into your bank, expect a little charge. It’s recommended to find out from your bank the exact fees you might encounter.
Interac Security Features
Interac employs advanced encryption technologies, turning your sensitive data into undecipherable codes during transmission, which only the intended recipient can decode. This feature deters any would-be cybercriminals.
Furthermore, Interac embraces a two-factor authentication process. This protocol mandates that users verify their identities twice – once via their login credentials and then through a confirmation via their linked email or mobile number. This method offers an additional safeguard, reducing the risk of unauthorised access to your account.
Another noteworthy aspect of Interac’s security measures is the exclusion of third-party involvement. When making transactions, there’s no need to reveal sensitive banking details to the casino. Your bank and Interac handle all the nitty-gritty, keeping your information shielded.
User Experience at Interac Casinos
At online casinos that support Interac players can enjoy many games ranging from slots to games with real dealers who can chat with you while you play. In addition, these sites accept Interac as a method of deposit and withdrawal. Also, players have the choice between Interac Online and Interac e-Transfer, if they need to perform any transactions involving their money while they are playing online.
Pros and Cons of Using Interac at Online Casinos
Although Interac is a very widespread payment system in Canada, it is necessary to look at both sides of this system. We can highlight the following pros and cons:
- Well-known brand in Canada
- Swift deposits and withdrawals
- No need third-party involvement in transactions
- Some banks might charge a fee for the withdrawals
- Bank-dependent processing times
Top 5 Recommended Interac Casinos in Canada:
To aid you in making the right decision when choosing an Interac Casino, we have compiled reviews of the best Interac Casinos. In these, you’ll find details about the gaming aspects and specific information about the payment method under discussion.
Betway
As a well-known brand among casino players, Betway provides over 500 slots. Among them are games like Aviator, Sweet Bonanza, 9 Masks Of Fire, Golden Fields, and Hellcatraz. Their Jackpot slots are Thunderstruck II Maple Moolah, Gold Factory Jackpot Maple Moolah, Atlantean Threasures Maple Moolah, and Immortal Romance Maple Moolah. Presently, each has a value of more than $1 million.
Over 120 games are here in the live-casino section, a very good choice. Here you can play Live Roulette, Game Shows, Live Blackjack, Live Baccarat, and Dice Games. However, we think it would be a splendid idea to implement more useful filters, such as ones for software providers. Speaking of software providers, Betway works with famous names like Microgaming, NetEnt, IGT, 1×2 Gaming, Pragmatic Play, and Blueprint Gaming.
For those who like to read analytical articles, they feature Betway Insider Blog. Here you can find insightful writings on various sports.
Newcomers can benefit from a $750 Welcome Bonus on their first deposit, but pretty hard 50x bonus amount wagering should be considered. Perhaps a nudge towards more bonuses for existing casino players would indeed add value to their casino itself.
Interac is accepted for both deposits and withdrawals. Our team has found an important note for those using the Royal Bank of Canada (RBC) for deposits — Betway suggests selecting Interac e-Transfer as Interac Online is no longer a supported option.
Bwin
Bwin comes loaded with over 1600 slot games like Bison Fury, Book of Horus, Aztec Gold, Ice Phoenix, and many many others. They also feature a nice collection of over 50 Jackpot slots. Although Bwin is quite a recognizable brand, the addition of demo versions of slots could further bolster their positioning.
Their live casino space has over a hundred games. Roulette, Blackjack, Baccarat, Game Shows, Live Poker – they’ve got them all. In addition, Bwin comes with a dedicated Poker page that teems with daily tournaments and rewarding poker promotions, including weekly cashback.
Among their software providers, you’ll find familiar names like IGT, Pragmatic Play, Blueprint Gaming, Microgaming, and Playtech powering their gaming catalog.
Bwin provides new players with a bonus of up to $400 on their first deposit, a deal followed by a 35x wagering requirement on specific games within 30 days. As we already mentioned above, existing players can get access to offerings on poker tournaments, cashbacks, and dedicated poker tables.
However, Bwin might want to up their game on the customer support aspect. The Live chat button is uneasy to locate on the main page, causing a bit of confusion for casino visitors.
Bwin supports Interac Online for making deposits, and Interac e-Transfer for withdrawing funds. Although, do keep in mind that withdrawing through Interac e-Transfer might take around 8 hours as stated by Bwin.
FanDuel
FanDuel brings on the table close to 600 slot games with chart-toppers like Fort Knox Cleopatra, Busters Bones, Jumanji, and Sweet Bonanza Candyland. They also host a special ‘Daily Jackpots’ section with about 45 daily jackpot slots. An endearing feature is that they provide a description of each slot — not something you’d stumble upon often in an online casino.
Their live casino segment comprises almost 70 classic games. Software providers, comprising big names like NetEnt, Playtech, IGT, Pragmatic Play, Blueprint Gaming, and Red Tiger Gaming. However, the absence of a specific filter for sorting games by providers is frustrating.
What’s appealing is their $25 no-deposit bonus for new clients, with a 1x playthrough, making it quite a generous offer, as no deposit is required. They also cater to their existing players with bonuses for slot games and table games. The cherry on top is their FanDuel VIP Program with exclusive offers.
Though FanDuel doesn’t offer a broad selection of payment systems, Interac stands available for both deposits and withdrawals. FanDuel advises using Interac or PayPal as an alternative method, since “some providers, including CapitalOne, Mastercard, and American Express, are currently declining withdrawals from real money gaming sites”. Clearly, Interac gets a commendable thumbs-up here.
Bet365
There is no surprise that Bet365 offers a good selection of slots on their website since they are also a highly prominent brand in the gambling industry. Slots such as Fishin Bonanza, Buffalo Blitz II, Solar Flash, Legacy of the Tiger, and Sky Queen are available. A plus is that each slot has RTP information. For example, the average RTP of the games listed above is about 96%. In the live casino, games like Baccarata, Sic Bo, Blackjack, Game Shows, Poker, and Roulette can be found.
One of the negatives noted by us is the lack of information about their software providers.
The welcome bonus is up to $500 and 50 Spins for the first deposit. The wager is 10x on Casino games for deposit + bonus, but not in one’s live-casino. The 50 Spins come with no wagering. Special offers such as Live Blackjack Challenges, Lucky Chips on Roulette Spins also exist.
Interac is offered as a deposit method with instant processing time, a minimum deposit of $10.00, and a maximum deposit of $10,000. Interac can also be used for withdrawals with a 24 hour processing period, a minimum withdrawal of $10, and a maximum withdrawal of $10,000.
BetMGM
As a matter of fact, BetMGM has a huge number of slots, more than 1500. This includes many exclusive jackpot games like Mask of Horus, MGM Grand Millions, Bison Fury, and exclusive table games like Craps, Hotspot Roulette, NHL Blackjack, NHL Roulette. Their live casino has almost 100 games, and they also offer a solid poker room with rewards, hot tables, and tournaments.
Software providers are NetEnt, Microgaming, Pragmatic Play, Playtech, and Evolution, to name a few.
The welcome bonus at BetMGM is a 100% deposit match up to $3,000 with a condition to wager the bonus 15 times within 30 days. The BetMGM Rewards program is designed so that players can earn exclusive rewards, moving up from Sapphire to Platinum status.
Drawbacks include a lack of RTP information for slot games and a need for improved customer support.
Interac e-Transfer is an option for deposits and withdrawals. According to BetMGM’s regulations, before any withdrawals are made, BetMGM internal review team must grant approval, a process that typically takes around two business days. After they have successfully processed your withdrawal, it will take approximately 8 hours for the funds to be transferred and appear in your bank account.
Why Choose Interac Casinos?
For our Canadian friends seeking an easy, safe, and efficient means to satiate their love for online gambling, Interac casinos come as a worthy choice. The ability to quickly move your loonies from your bank account to your online casino account without the rigmarole of complicated payment procedures or long waiting periods is a boon to many players.
Additionally, these casinos offer hundreds of games and a good assortment of bonuses to new and existing players.
Frequently Asked Questions about Interac Casinos
Top 5 Questions about Interac Casinos
An Interac casino is an online gambling platform that allows players to use Interac services for transactions. It permits smooth and secure deposits and withdrawals through Interac Online or Interac e-Transfer.
Interac casinos permit easy, secure transactions. To deposit, choose Interac, enter the amount, and follow prompts to your bank’s site to complete the process. For withdrawals, visit the cashier, enter details and amount, and initiate the transfer. Your funds move safely and promptly to and from your casino account.
Yes, you can make instant deposits with Interac in online casinos. After confirming the deposit amount and completing the transaction on your bank’s website, your casino account will be funded immediately.
Fees associated with using Interac vary depending on the bank. Some banks may charge a small fee for each transaction made via Interac, while others may offer the service for free. Keep an eye on your bank’s fee schedule.
Interac is considered to be a safe payment option. It utilizes advanced security measures, including encryption technology, chip technology, and multi-factor authentication, to protect your personal and financial information.
