Interac Online stands as one of the most prominent online payment solutions available to the Canadian player base. The service is a network formed by Canadian banking institutions with the aim of providing users with an easy and convenient way to transfer money on the Internet. Established more than 20 years ago with only five banks, Interac Online has expanded to include over 90 different financial entities in the country. With the growth of the iGaming scene, Interac Online has become one of the primary banking solutions for Canadian players. Below, we go over all of the major features of this payment method, covering pros, cons, fees, and other important aspects.
How Interac Online Works with Online Casinos?
1Connected Directly to Your Bank Account
With Interac Online you can easily make payments from your online banking account to any iGaming website that supports the service. In fact, you do not even need to open an account with the Interac service to make your deposit. Simply, open the deposit form at the Cashier page of your online casino and enter your online banking information. The service will open a prompt and you will be able to confirm the transaction.
2Supported at most Canadian Online Casinos
Interac Online enjoys widespread support in the Canadian iGaming scene. The service is quite popular in general and it is no surprise that online casino operators would jump at the opportunity to offer it to their respective player base. Online casinos marketed to Canadian players will likely give you the chance to deposit with Interac Online, making the whole process simple and convenient.
3Convenient and Simple
Those who utilize Interac Online for the purposes of online gambling have reported overall positive experiences with the service. Not only is it a quick and convenient deposit method, but many online casinos also give users the opportunity to request withdrawals via Interac. In short, Interac Online is a versatile banking method and one can easily manage their bankroll with it.
How We Evaluate Interac Online Casinos?
In the old days, there were only a few online casinos and you could easily choose at which to play since they were known to all. Nowadays, the iGaming industry includes hundreds of online casinos and it is difficult to keep track of all of them. However, that does not mean that you cannot quickly gain an idea about the gambling website. Below, we lay out our benchmarks for how we judge an online casino and you can easily apply them to any gambling website you visit.
Interac Online Casino Deposit
Interac Online Casino Withdrawal
Interac Online Pros and Cons
When looking at any banking solution, you cannot simply consider the good aspects and ignore the bad. You need to take into account everything that comes with the service and see if the good features outweigh the bad. Below, we line out the most important positive and negative qualities of Interac Online.
Interac Online works with just about every major financial institution in Canada. This means that regardless of which bank holds onto your money, you can always use the Interac Online service.
Like many other region-locked services, Interac Online is strictly limited to players from Canada. In order to sue this transaction method, you must have a bank account with one of the supported financial institutions.
With Interac Online, you will enjoy impeccable deposit speed. As soon as you confirm the payment, you will have access to your money in your casino balance. There is no downtime and you can play your favorite games immediately.
Because of the factor mentioned directly above, gambling websites will often prefer to support international services in favor of Interac Online. While there is a good number of online casinos will accept Interac Online, you will have a much better range of casinos at your disposal if you used credit cards or eWallets, for example.
Interac Online is one of the cheapest banking methods out there that not outright free. With transactions costing no more than CA$0.26, you can hardly complain that this an expensive service. In fact, there are few payment methods out there that are cheaper.
Since not that many online casinos support Interac Online, players will gravitate to more popular payment services. This slows down the integration of Interac Online in the iGaming industry.
Countries Which Use Interac Online in Online Casinos?
Available only in Canada
When it comes to supported countries, you will find that Interac Online is strictly limited to a Canadian customer base. Of course, this is only natural considering that it only works with Canadian financial institutions and you need to a customer with one of those to use the service. As a result, only those who meet that criterion and are located in the country will receive the benefit of Interac Online.
Naturally, since Interac Online is meant for the Canadian user base, the service only supports the Canadian Dollar and no other currencies. If you wish to play at a Canadian online casino, you will easily be able to make your deposit and avoid any exchange fees, something that not all banking methods can boast of. Of course, one also has to take into account that online casinos which accept Interac Online are also likely to be targeted at the Canadian market.View more...
Using Interac Online in Mobile Casinos
When you open an online casino from your mobile device, you still have access to the same banking methods as on a desktop computer. Of course, this also includes Interac Online. The process of making a deposit is quite similar and you should have no issues in topping up your casino bankroll. Simply head over to the cashier page and select Interac Online as your deposit method of choice. From then on, all you need to do is enter the appropriate information and your deposit will go through without a hitch. If you have done this before on a desktop platform, you will immediately familiar with how it works.
2Interac Online Mobile
As with all popular online banking methods, you do not need a desktop computer to have full access to the Interac Online service. You can access the platform directly from your smartphone or tablet, allowing you to manage your bankroll and make payments with ease. Mobile compatibility is a major factor in today’s industry and Interac Online meets all the standards.
Interac Flash is one aspect of the Interac service that has application in the real world. Those with NFC-ready devices can use the Interac mobile app to make contact payments with their mobile device. Simply touch your device to the POS terminal and the payment is complete. It is useful for those who do not wish to deal with credit or debit cards and would like to be on their way as soon as possible.
Interac Online Casino Bonuses
When you play at online casinos, you have the opportunity to claim a bonus, which will increase the size of your bankroll or offer some other form of value. There are several different bonus types in today’s iGaming scene and below, we give you some information about the most common variations that you can receive with Interac Online.
Interac Online Safety and Security
Extra Layer of Protection
Protection from Banks
Much like other online banking services, Interac Online adds an extra layer of security when making payments on the Internet. The service will act as a man-in-the-middle when you confirm a payment and it will go through the Interac Online network before ending up in your online casino balance. This makes it practically impossible for your money or sensitive information to become compromised and you can enjoy your favorite games in peace, knowing that you are safe.View more...
Interac Online Alternatives for Online Casinos
If for some reason Interac Online does not suit you as a banking method, do not worry. There are dozens of alternatives supported by the iGaming industry. Below, we mention some of the most popular payment methods that one can use aside from Interac Online.
Interac Online Casinos FAQ
What currencies does Interac Online support?
Since Interac Online is only available to a Canadian user base, it only supports the Canadian Dollar. As such, you will be able to easily deposit at casinos that support this currency without the need to pay exchange fees.
Is Interac Online available for non-Canadian players?
In order to use Interac Online, one needs to have an account with one of the financial institutions that are part of the network. Without this, you cannot use the service. If that is the case, you need to find a different payment solution for the purposes of online gambling.
Does Interac Online have real-world applications or is it only used for the purposes of online gambling?
When it comes to real-world benefit, rarely do you find a service better suited than Interac. There are many benefits outside of online payments. More specifically, you can acquire a debit card, use it to make bank transfers, mobile payments with NFC, and more. The service is quite versatile and you will be able to enjoy it in your day-to-day interactions and at your favorite online casino.
Does Interac Online have customer support?
Of course, if at any point you experience difficulties with the service, do not hesitate to contact the support staff to have your issues resolved. There are multiple different ways to establish contact with them, including live chat, phone support – available by dialling 1-888-238-6433, and via email at firstname.lastname@example.org and email@example.com.
How many online casinos support Interac Online?
Since Interac Online is not a global service and is strictly limited to Canadian customers, the overall number of online casinos that accept deposits via this service is relatively low. However, most casinos targeted at the Canadian player base will most likely give you the opportunity to manage your bankroll with Interac Online.