A reliable and secure banking option is half of the gambler’s success in an online casino. It is impossible to make real-money bets if you don’t have a trusted payment method such as Interac. This is a solution that allows transferring funds from a player’s banking account directly to the casino balance without sharing any financial data. No wonder that it has gained popularity with gamblers who prefer to keep their personal and banking details confidential and is incredibly popular with players from Canada.

Why is this country, you may wonder? In fact, it is a leading Canadian service provider that has been operating for over 30 years already, and these are the only clients of Canadian banks who can transfer funds to and from Interac online casinos. Moreover, there are two ways to process funds using this banking solution: Interac E-Transfer and Interac Online. Both of them can be found in an online casino for real money, but some platforms support only one of them. Gamblorium decided to help players learn more about Interac and explain:

  • What is the main difference between these two ways?
  • How to process funds using this payment method?
  • Why has it gained such popularity?

Best Interac Casinos in 2024

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PlayOJO 1
PlayOJO
Apple Pay
Bitcoin
Interac
Paypal
Paysafecard
Siru Mobile
Trustly
Full Review
  • No wagering requirements
  • Exclusive rewards
  • The OJO Wheel & Prize Twister
50 Free Spins
Apple Pay
Bitcoin
Interac
Paypal
Paysafecard
Siru Mobile
Trustly
First time depositors only. Min deposit is €/$10. ou can get on the 1st deposit 50 no-wagering Free Spins on Book of Dead. Spin Value: €/$0.10. No min withdrawal. This offer cannot be used in conjunction with any other offer. OJO’s Rewards and Game Play policy applies. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
Regent Play 2
Regent Play
Interac
Paypal
Paysafecard
Trustly
Full Review
  • Wide range of deposit options
  • High-security level
  • Loyalty program
Up To €800 bonus + 100 Free Spins
Interac
Paypal
Paysafecard
Trustly
New depositing players only. Min dep €/$20. Welcome Package split over 3 deposits. 35x Wagering requirement applies to match up bonus. 100 spins splits to 20 spins a day for 5 days. Spins credited in specific games and expire after 24 hours. 50x Wagering requirement applies to spins. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
Playfina 3
Playfina
Bitcoin
Interac
€/$ 1000 or 400 mBTC + 200 Free Spins + Secret Bonus
Bitcoin
Interac
18+ Gamble responsibly. BeGambleAware.org
Casumo 4
Casumo
Interac
Paypal
Full Review
  • Well-known brand
  • Easy to use website
  • Live chat
50 Bonus Spins and 100% Bonus up to $500
Interac
Paypal
New customers only. Opt-in required. Min dep €/$10. 20 BS on "Book of Dead" & 100% Deposit Bonus up to €/$300 on 1st deposit. 30x wagering requirement for BS and 30x wagering requirement for Deposit Bonus (game weighting applies). Max €/$5/spin or €/$0.50/line or €/$10/round (live casino). 30 days expiry. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
Swift Casino 5
Swift Casino
Apple Pay
Interac
Paypal
Paysafecard
Siru Mobile
Trustly
Full Review
  • Easy deposits & withdrawals
  • Expert customer assistance
  • VIP Lounge
100% up to €100 + 50 FS
Apple Pay
Interac
Paypal
Paysafecard
Siru Mobile
Trustly
First deposit only. Min. deposit: €/$10, max. bonus €/$50. Game: Book of Dead, Spin value: €/$0.1. WR of 30x deposit + bonus amount and 60x Free Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min €/$0.10) of the free spin winnings & bonus amount of €/$5 (lowest amount applies). Spins must be used and/or Bonus must be claimed before using deposited funds. First Deposit/Welcome Bonus can only be claimed once every 72 hours. Bonus Policy applies. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
Zodiac Casino 6
Zodiac Casino
Interac
Paysafecard
Full Review
  • €/$1 minimum deposit
  • Microgaming software
  • Progressive jackpots
€20
Interac
Paysafecard
New customers only. Min dep €/$1. For all subsequent deposits the min dep is €/$10. The 80 chances are credited as €/$20 welcome bonus & players can spin 80 times at €/$0.25 on the Mega Moolah progressive slot. 200x wagering requirement applies on all bonuses & certain games contribute a different percentage to the wagering requirement. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
QueenPlay 7
QueenPlay
Interac
Paypal
Trustly
Full Review
  • Royal selection of games
  • Wide variety of banking options
  • Excellent security
100% up to C$200 + 100 FS, 100 spins + up to 200GBP bonus
Interac
Paypal
Trustly
New depositing players only. Min dep €/$10. Welcome Package split over 3 deposits. 35x Wagering requirement applies to match up bonus. 200 spins split to 40 spins a day for 5 days. Spins credited in specific games. Spins expire after 24 hours. 50x Wagering requirement applies to spins. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
Leo Vegas 8
Leo Vegas
Apple Pay
Interac
Paypal
Paysafecard
Trustly
Full Review
  • A fantastic assortment of slots from many platforms.
  • Live chat, UK freephone, and email assistance are available 24 hours a day, seven days a week.
  • Independent audits have proven that it is fair.
€1000 + 300 FS, £100 + 50 FS, R$5,000 + 50 FS, up to 2,000 USD + 150 FS, up to 1,000 CAD + 200 FS
Apple Pay
Interac
Paypal
Paysafecard
Trustly
New reg only. Opt in & deposit €/$10, €/$25 or €/$50 within 7 days & further 7 days to wager cash stakes 35x to unlock reward (€/$50 on 2 deposits). 3 day exp. Wagering/game contributions vary. 25 wager-free spins x10p to added to Big Bass Splash with each qualifying deposit, 3 day expiry. Full T&Cs apply. 18+ Gamble responsibly. BeGambleAware.org
Barz 9
Barz
Apple Pay
Interac
Paypal
Paysafecard
Trustly
Full Review
  • Wide range of game selection
  • Multiple payment options
  • Loyalty program
200% up to €/$500 + 50 Free Spins
Apple Pay
Interac
Paypal
Paysafecard
Trustly
This welcome deposit offer is valid for new players only, and for the first 3 deposits. Minimum deposit of €20 is required for each of the first 3 deposits. This welcome offer cannot be claimed in conjunction with any other offers. This offer gives you the following: 200% of your first deposit up to €500 + 50 bonus/free spins on Book of Dead, 40% of your second deposit up to €500 plus 20 bonus/free spins on Gonzo’s Quest and 60% of your third deposit up to €500 plus 50 bonus/free spins on Starburst. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org
Amber Spins 10
Amber Spins
Interac
Paypal
Paysafecard
Full Review
  • Huge selection of slot games
  • Instant withdrawals
  • Minimum deposit
100 FS + 200% Bonus
Interac
Paypal
Paysafecard
First-time depositors only. Min deposit for a bonus is €/$10. Get 100% match up to €/$10 and 10 FS (on a game of our choice) on your 1st deposit. Promo code: AMBER. 60x wagering requirements. FS are valid for 7 days. Full T&C's apply. 18+ Gamble responsibly. BeGambleAware.org

What is Interac and How Does It Work?

Interac logoBeing a Canadian interbank network, Interac was created for exchanging electronic financial transactions. It was launched back in 1984 and currently offers two shared financial services such as:

  • Interac Direct Payment (IDP);
  • Shared Cash Dispensing (SCD).

IDP is a debit card service that allows the processing of funds for goods and services using a personal identification number. People who use their own checking or savings accounts can pay with money deducted from them. Their debit card can look like a physical plastic card or a mobile wallet for people to complete instant transactions without extra hassle.

SCD is a term that means cash withdrawals from any ABM that does not belong to the bank used by a client. It means that all the Canadian ABMs are on the Interac system, and they are very popular with the citizens of Canada. 16% of Canadians admit conducting most of their transactions on ABMs, so Interac is highly popular in the country.

However, these are not the only services offered by the company. Casino players can also opt for Interac e-Transfer service and Interac Online. The first one allows sending funds using the recipient’s email address and banking account of a Canadian bank, while the second one makes it possible to process transfers using money directly from the bank account. Both these services allow depositing and withdrawing funds from online casinos that accept Interac.

Gigadat Solutions & Interac

Every casino can decide which payment processing company to choose for Interac gambling transactions. The most popular one is Gigadat which provides merchants with many different payment solutions. It serves as an intermediary system between banks and Canadian online casinos that prevents chargeback from the banking side. All the money sent via this processor is delivered to the bank with the Gigadat name in the source, and there are no chances that banks will reject so-called ‘risky’ gambling transactions.

The continued adoption and significant year-over-year growth of Interac e-Transfer demonstrate Canadians’ preference for convenient digital money transfer services like Interac e-Transfer as an alternative to cash or cheque.

director of digital push payments at Interac
Company Name Interac Corporation
Founded 1984
HQ Regions Canada
Available Currencies Canadian dollar
Area Served Canada only
Number of Users 15 million
Number of Casinos 5
Max. Bonus $1200 + 260 FS
Deposit Alternatives iDebit, InstaDebit
Website interac.ca

How to Make a Deposit in Online Casino with Interac (In 5 Steps)

In fact, there are two different ways to make a deposit using Interac. They differ because of the existence of two services for online payments in the company. If a player wants to make an Interac deposit, an online casino should have either Interac Online or/and Interac e-Transfer on its list of banking options.

The depositing process via Interac Online consists of the following steps:

  1. Enter the casino account and open the Cashier section on the My Account menu.
  2. Select the Deposit button and find Interac Online, among other payment options.
  3. Enter the amount and continue the process.
  4. Choose the corresponding bank to transfer funds from, and you will be redirected to the Gigadat page to continue the transaction.
  5. Confirm the transaction on your bank’s payment page and get the receipt.

If you use Interac e-Transfer, the deposit is made in a similar way, but when a player is redirected to the Gigadat page, he should remember/copy the email address and an answer to the secret question. This is the only difference.

How to Withdraw Money From Online Casino with Interac

Not only can deposits be processed to an online casino – Interac can be used for payouts too. However, it is important to remember that most of the casinos withdraw funds using the same method they were deposited, so if you used another banking option, it might be necessary to change it manually or turn to customer support. One more thing to remember is the fact that only verified players who met all the wagering requirements can receive their winnings. For this purpose, it is necessary to take the following steps:

  1. Enter the casino account and open the Cashier section on the My Account menu.
  2. Select the Withdrawal button and find Interac e-Transfer / Online among other payment options.
  3. Enter the amount and possible details asked by the casino.
  4. Complete the process by pressing the Withdraw button.

Funds are delivered to the player’s balance rather quickly, but there might be some delays caused by the pending time needed by a casino to review the cashout application. Some casinos may apply extra fees on payouts too.

Supported Banks

Predictably, not all banks support Interac Online payments, but Canada has its Big Five Banks that serve most of the clients in the country, and three of them have partnered up with this electronic banking option to guarantee fast and simple online payments. The list of banks looks as follows:

  • RBC (Royal Bank of Canada)
  • TD Bank (Toronto-Dominion Bank)
  • BMO (Bank of Montreal)
  • CIBC (Canadian Imperial Bank of Commerce)
  • Scotiabank (Bank of Nova Scotia)

If you use Interac eTransfer casino for gambling, there is a much bigger number of financial institutions that support this option. You can check the list of banks that accept Interac e-Transfer here.

Top Interac e-Transfer Casinos in Canada

How important it is to find a reliable Interac e-Transfer casino? Canada has loyal gambling laws, so many online platforms offer exciting casino games to players. However, even this fact does not make the choice of a casino easier. Some players spend long hours in search of trusted gaming platforms, but Gamblorium has collected the best of them for you do not have to waste your precious time.

Why Choose Casinos That Accept Interac

Do you think about choosing an Interac casino but still have some doubts? Probably, these benefits of an online casino that accepts Interac will encourage you to make the final decision in its favour.

Safety & Security.
Interac takes security rather seriously. Players who prefer Interac e-Transfer should know that their money is transferred using established and secure banking procedures. There is multi-layer protection, including encryption technology, confidential user IDs and passwords, a secure login process, and security question and answer. These security measures are applied both to desktop and mobile transactions and guarantee that users are absolutely protected from fraud.
Anonymity.
Interac users do not need to share any sensitive data when they send or receive money, and it allows staying confidential each time they buy anything or deposit funds to the casino. It often happens that gamblers do not wish to provide their personal information or financial details, and it is possible in Interac online casinos as well.
Deposit and Withdrawal Limits.
In fact, Interac does not apply any limits to electronic money transfers. However, players can still be limited by a minimum and maximum amount which is set up by the financial institution. At the same time, these limits are quite high since many banks allow sending up to $2,000 per transaction.
No bank rejections for gambling transfers.
The main benefit of playing in a casino that accepts Interac is no sense in worrying when you withdraw your winnings. There are financial institutions that can reject the receipt of funds sent from gambling companies considering it an unreliable source. However, the fact that Interac uses a third-party service, such as Gigadat, prevents banks from these rejections since the source of funds is this intermediate company.
Instant and free.
The speed of transactions is another benefit of Interac. When a gambler accesses a casino, Interac online payments can be processed in a couple of minutes. It is enough to enter a few details, and funds are delivered to the casino balance immediately. There are no delays and hidden fees too. Both Interac online transfers and withdrawals are free, so if players face any extra charges, they are taken by a casino or financial institution.
Popularity.
It goes without saying that Interac is the number-one payment solution in Canada. It is suitable both for physical and online payments, so it is predictable that many online casinos that welcome Canadian players will introduce it too. Being a widely accepted banking option, there are even platforms that offer different types of this payment method, so it is necessary to be attentive to selecting Interac from the list.

Benefits & Drawbacks

No matter how hard you will try to find a perfect banking option, the chances of doing that are almost equal to zero. The same is with online casinos that use Interac – this payment method is not excellent, so it has not only pros but also cons.

Benefits: Drawbacks:
Quick processing time. Possible phishing because of the connection with email.
Secure and safe. Available only in Canada.
Does not require any sensitive data. May apply fees on some casino transactions.
Widely accepted in Canadian online casinos.
Prevention of withdrawal rejections.
High deposit and withdrawal limits.
Eligibility for bonuses.
Support both for deposits and withdrawals.

Interac Casino Bonus Options

It is great fun to play in an online casino, but it may be twice more exciting if you benefit from bonuses and promotions offered there. Players who deposit with Interac are usually given a bonus automatically if the amount is equal to or higher than a minimum; however, sometimes, it is necessary to claim a bonus by entering a code or contacting customer support.

Many online Interac casinos try to attract players with rewarding offers, but it is also important to remember that there are different types of bonuses existing today.

Welcome bonus Only new players are eligible to get a lucrative welcome bonus when they register in the casino and make the first deposit. Usually, they are offered a match for their deposit amount plus a certain number of free spins on one of the slot machines.
No deposit bonus Being one of the best online casino bonuses it is not granted frequently. This bonus is usually offered to attract new players and let them feel the pleasure of gambling. The only thing needed is sign-up while they can receive free spins, a small amount of bonus money or limited-in-time fun instead.
Match bonus Casinos try to reward players who make large deposits and double their funds to let them have fun for twice longer. This bonus is usually limited in time and bet amounts.
Free spins A very popular bonus that can be used only on slot machines is a set of free spins. It is given for only one or a couple of slot games.

It is worth noting that all bonuses are provided to players with the exact wagering requirements. It means that bonus money, winnings and free spins must be wagered the exact number of times set by the Interac casino, and they are available only within a limited period of time for use.

Best Interac Alternatives

If Interac is not the best option for you, it is clear that you need another good banking option that will meet your expectation. The selection of alternative payment options is quite extensive, but our experts have selected the best similar examples.

How We Rate and Review Banking Methods

The number of payment methods offered by online casinos is growing together with the number of gambling platforms, so the choice gets more difficult every day. Therefore, Gamblorium experts analyze and rate the most popular banking solutions used by gamblers nowadays. Our goal is to provide unbiased and detailed reviews of the latest payment options and make conclusions if they are a good fit for casino players. We have a team of trusted experts who collect actual facts and learn a lot of features to evaluate the level of security, convenience, fees, and other important things of every banking solution. After that, they compile well-structured and trustworthy reviews so that gamblers can see all the pros and cons as well as decide whether a payment method is suitable for their personal use.

Expert’s Opinion + Tips

I have tried a lot of payment options, but none of them can secure gamblers’ withdrawals as much as Interac. How often it happens that transactions made from online casinos are rejected by banks, and players can’t receive their winnings! However, if a Canadian gambler decides to deposit and withdraw funds with Interac, he is absolutely protected from such unpredictable consequences. I believe it is a feature that makes an online casino accepting Interac outstanding. One more thing I like about Interac is its excellent security measures: players feel protected using this banking option, and that is very important!

FAQs

Is it safe to use Interac for casino deposits?

Yes, it is. Interac online casino payment is one of the most secure methods that allows processing money anonymously and safely. It operates according to EU financial laws and provides additional protection features for every player.

Can Interac be used at all casinos?

Most Interac best Canadian casinos accept this payment method, so it is easy to find a trusted platform to gamble on. However, there might be exceptions too.

What’s the minimum deposit at Interac casinos?

Every casino has its own minimum depositing amount. However, if you access one of the Canadian minimum deposit casinos, it is possible to start playing by making a deposit of 1 CDN only.

Can I make a withdrawal with Interac?

Yes, of course. Interac guarantees fast and secure withdrawals in the casinos that list it in the banking options supporting payouts.

How long does it take to cash out my winnings via Interac?

The payment system delivers funds instantly from a casino, but the presence of pending time on all gambling platforms may lead to delays.

Which currencies does Interac support?

predictably, there are casinos accepting the Canadian dollar in Canada, and it is the only currency accepted by Interac. However, international transfers can be accepted in other currencies with Mastercard and Western Union.

What banks can be used for Interac e-Transfers?

Interac online transfers can be used at over 250 participating financial institutions.

Are there any extra fees?

Interac does not apply any fees to online transactions, but players can be forced to pay extra fees charged by the casino or banking institution.
author

Posted by: Garet Smith
Expert in casino payments

Garet has been collaborating with different international media related to iGaming sector for a long time now. Due to his deep knowledge in the field of finances, he knows almost everything about payment processing at online casinos and is more than happy to share it with others.