To suit the modern way of life, casino sites have begun to offer innovative and convenient payment services. Payment has never been easier, be it via online wallets or debit cards online or through terminals.
Canadians have a number of international payment options available for online gambling. One of the best-known is undoubtedly Interac. With more than 30 years of experience in facilitating online transactions, it is one of the best options at Interac casinos across the country.
One of the oldest payment systems in Canada
Interac was founded in 1984 and is essentially a Canadian debit card system. The company originated as a non-profit association with another for-profit company, Acxsys. However, in 2018, the two brands merged into a for-profit organization called Interac Corporation, which now includes more than 80 financial institutions. No wonder the service has been around for so long and has become so popular with online casinos. The overall benefits are as follows:
- modern services;
- mobile payments;
- Integration with Apple, Google, and Samsung payment services.
Since Interac is a service offered through banking institutions and credit unions, the user will first need to open a bank account. To understand how online casinos with Interac work, one should carefully study the “Withdrawals” and “Deposits” sections in the terms and conditions of the individual gaming site. More on that next.
How to make a deposit through Interac
Interac Online Canada is a more recent addition to the list of products, so it is clear that its availability in e-shops and other online platforms is still slight compared to wire transfers. Deposits to best Interac casinos are available through either of the two online payment processing solutions offered under the brand. The first of the two is known as a full-fledged payment processing service, while the second functions more like a payment gateway:
- Interac e-Transfer;
- Interac Online.
Interac is usually available at cash registers as well as on the banking pages of online Interac casinos. To deposit at Interac e transfer casinos, players must have a bank account with one of the many partner institutions. The first step in making a deposit is to enter the details required for the transfer on the banking page.
You have to specify the amount you want to deposit as your bankroll, and by clicking “Next” you will be redirected to the appropriate online or mobile banking page. At this stage, you need the recipient’s details for the payment: phone number or e-mail address. Interac Online works this way itself. Only after logging in with your existing credentials, confirm the transfer request, and you will be directed back to the “Banking” page.
How to withdraw money using Interac
Withdrawing money from online casinos that use Interac is even easier. Simply select Interac as a withdrawal method, specify the amount you wish to withdraw, and select the banking institution you wish to transfer funds to. Withdrawal requests for the first time must be accompanied by an identity verification procedure, asking you to provide your ID document, address, and banking method.