If you are looking to use one of the most popular payment methods in Canada for gambling, and you need a little bit of guidance, you have come to the right place. In this guide we will go through everything related to Interac casinos, what are the best options for casino and betting players, how to use Interac at online casinos and what are the advantages and disadvantages of choosing Interac for online gambling.
With years of hands-on experience in online gambling, our knowledgeable team at theoddscalculator.com is eager to share their expertise with you. We’ll explain what are the best Interac casinos in Canada, and how to make your first deposit with this payment method.
Right now, our top choices are Betway and Wildz casino, both with an excellent set of online casino games and efficient customer support, combined with the availability of Interac for deposits and withdrawals. However, we think Betway is best for players who want both, betting and casino games options, while Wildz only offers only casino games.
List of Online Casinos that Accept Interac
100% up to $200
100% up to $1000 3 Deposits
- Wide range of betting options and casino games
- Generous bonuses and promotions for new customers
- Payment Methods: Gigadat, iDebit, Instadebit, Interac, Mastercard, Paysafecard, Visa
100% Up to $2000 + 200 FS
- Dedicated welcome bonus for Canadian players
- Loyalty program with rewards
- Payment Methods: iDebit, Instadebit, Interac, Mastercard, MuchBetter, Visa
50 Free Spins No Wager
- No wagering requirement on bonuses
- Over 3000 games to choose from
- Payment Methods: Astropay, Gigadat, Interac, Mastercard, MuchBetter, Paysafecard, Visa
100% up to $350
100% up to $1000 + 120 FS
- Available for players in Ontario and rest of Canada.
- Quick Payout times
- Payment Methods: Crypto, iDebit, Instadebit, Interac, Jeton, Mastercard, Paysafecard, Visa
100% Up to $500 + 100 FS
- Excellent Live Casino Section
- Fast Payouts
- Payment Methods: ApplePay, Astropay, Crypto, Gigadat, iDebit, Interac, Mastercard, MuchBetter, Visa
100% up to C$50
100% up to $500 + 200 Spins
CA$7 SPORTS
- Wide selection of sports and casino games.
- Exciting welcome bonuses for casino players.
- Payment Methods: Astropay, Interac, Jeton, Mastercard, MuchBetter, Neteller, Skrill, Visa
100% Up to $500
Welcome Package up to 1000
- Generous welcome bonus package for new casino players
- Fast withdrawal processing times.
- Payment Methods: Crypto, Interac, Mastercard, MuchBetter, Neteller, Skrill, Visa
Up to $3000 first 4 deposit + 200FS
- Extensive game selection catering to diverse gaming preferences.
- Super Generous Welcome offer for Casino Players
- Payment Methods: ApplePay, Crypto, Interac, Mastercard, Neteller, Paysafecard, Skrill, Visa
100% up to C$1000
100% up to C$1.500 + 100 FS
- Extensive game selection
- Fast and secure payments
- Payment Methods: Interac, Mastercard, MuchBetter, Paysafecard, Visa
100% Match Up to $200
- Multiple transaction methods
- Large games selection
- Payment Methods: Astropay, Crypto, iDebit, Interac, Mastercard, MuchBetter, Visa
100% Up to $600
100% up to $1000
- Low wagering requirements for Sportsbook bonus
- Fast payout times
- Payment Methods: Bank Transfer, Instadebit, Interac, Mastercard, Visa
100% Up to $500
100% up to $1000
- Extensive selection of over 6,000 casino games.
- Supports main cryptocurrencies.
- Payment Methods: Astropay, Crypto, Interac, Jeton, Mastercard, Neteller, Paysafecard, Skrill, Visa
100% up to C$200
100% up to C$200 + 100 FS
- Fair Deposit Bonus T&Cs
- Fast Payouts
- Payment Methods: Astropay, Interac, Mastercard, MuchBetter, Paysafecard, Visa
- Wide range of sports and games to bet on
- User-friendly mobile app for iOS and Android devices
- Payment Methods: Interac
100% Up to $400
100% match up to $1.000
- Generous welcome bonuses for both casino and sportsbook.
- Offers an excellent platform for live betting
- Payment Methods: ApplePay, Interac, Mastercard, Skrill, Visa
Bet $10 Get $200 in Bet Credits
150% up to $1000
- Wide range of sports and casino games
- Fast Payouts available 24/7
- Payment Methods: ApplePay, Gigadat, iDebit, Instadebit, Interac, Mastercard, Paysafecard, Visa
100% up to $250
100% up to $200
88 Free Spins
$20 Free No Deposit
- Wide variety of games and payments options.
- Geneours welcome bonus for casino
- Payment Methods: iDebit, Instadebit, Interac, Mastercard, Paysafecard, Visa
- Own app for Canadian Ontario Players
- Biggest Sportsbook Worldwide
- Payment Methods: ApplePay, Bank Transfer, iDebit, Instadebit, Interac, Mastercard, PayPal, Paysafecard, Visa
What is Interac and How to Use at Online Casinos?
An Interac casino refers to an online gambling site that accepts Interac as a payment method for deposits and withdrawals. These online casinos cater only to Canadian players due to the exclusive availability of Interac in this country.
To use Interac at online casinos is enough to have a Canadian bank account and start the transaction process at the online casinos cashier section where you can choose Interac as your preferred payment method. Once that is done the transactions are finalized on the payment method platform and you are ready to go.
Ranking of the Best Interac Casinos in 2024
The best online casinos and betting sites that accept Interac at the moment are those which cover a full range of games and betting options while offering efficiency in key processes such as deposits and withdrawals and customer support. It is also essential that the online casino relies on reputable licenses that allow it to offer its services to Canadians.
Considering this criteria, the best Interac casinos currently are Betway, Wdilz, PlayOJO and CasinosDays. Transactions with Interac at these online casinos are totally free of charge.
1. Betway
Betway is one of the best betting sites in Canada that also offers a good variety of casino games, bonuses and tournaments. Betway casino offers three different options of Interac, two of them operated by Loonio. Deposits and withdrawals with Interac at Betway have no cost for the players and you can deposit as little as 10 dollars.
Pros:
- Online casino and Betting Platform.
- $10 deposit minimum.
- Regular bonuses for Canadian Players.
Cons:
- High 50x casino wagering requirement
- Not many game providers are available.
2. Wildz
Wildz is a pure online casino that operates in both Ontario and the rest of Canada with thousands of games from the top game providers worldwide. Deposits with Interac at Wildz casino start at 10 Canadian dollars and withdrawals at 20 Canadian dollars.
Pros:
- Dedicated welcome bonus for Canadian players
- Loyalty program with rewards
- Regular bonuses and promotions
- $10 minimum deposit
- 24/7 customer support
Cons:
- $20 minimum withdrawal
- No phone support is provided
3. PlayOjo
PlayOjo is one of the newest online casinos to join the Canadian gambling market. Its core is purely online casino games and it is well-known for offering no wagering bonuses that keep players engaged. It offers Interac e-transfer with a minimum of 10 dollars for deposits and withdrawals.
Pros:
- No wagering requirements ever – always get paid cash
- OJO Club benefits for existing customers.
- No max win limit
- No minimum withdrawal amount
- Fast withdrawal times with e-wallets
Cons:
- Some complaints about payments from existing players.
4. CasinoDays
CasinoDays is a very neat online casino with one of the best games library we have encountered. It does not offer sports betting since its concept is to be an online and live casino solely. It offers deposits and withdrawals with Interac from 20 dollars onwards if you do it through Gigadat or $10 minimum if you choose Loonio.
Pros:
- 3000+ slots & games
- 24/7 customer support
- Promotions and offers for existing players
Cons:
- $20 minimum deposit with Interac.
5. TonyBet
TonyBet is a sports betting site and also an online casino that offers a good mix of casino games and decent sports to bet on as well as generally good odds prices. The deposit with Interac at this betting site starts at 10 dollars.
Pros:
- Online casinos and Betting are available.
- Fast withdrawal using e-wallets
- 5000+ games
- Popular game providers
- Broad sports market to bet on.
Cons:
- High wagering requirements 50x for the casino bonus
- No NetEnt games
6. LVBet
LVBet is well-known for its betting platform and now it is also available for casino players in Canada. Interac is offered by this casino to make deposits and withdrawals. One of the best things about LVBet is the chance to claim a no deposit freebet.
Pros:
- $10 minimum deposit with Interac
- 3000+ slots & games
- Wide availability of sports betting markets
- Competitive Odds
Cons:
- Casino wagering applies to deposit + bonus
- Customer support is not 24/7
- Only available for non-Ontario players.
7. PowerPlay
PowerPlay is a small yet very complete betting site and online casino that has entered the Canadian gambling market, including Ontario. Among its payment methods is Interac which allows fast transactions.
Pros:
- $10 minimum deposit with Interac
- Online casinos and Betting are available
- Competitive Odds
Cons:
- Only available for Ontario players.
8. Platincasino
Platincasino has been in the casino realm for some years but it is quite new in the sports betting world, for this reason, you may not see offers for sports betting but you will be able to find decent sports market options. This online casino accepts Interac for deposits and withdrawals.
Pros:
- $10 minimum withdrawal
- A dedicated welcome bonus for Canadian players
- 24/7 customer support
- A large list of game titles and slots
- Recently launched Sports Betting.
Cons:
- Still a small sports betting section.
- Not quite competitive odds.
- $30 minimum deposit with Interac
9. Bet99
Bet99 is a new sports betting site that has made a mark in Canada by using big sports figures to advertise its brand, but it also gathers a good choice of online casino games and it has very good options of payment methods that include Interac among them.
Pros:
- Online casino and Betting Options are available.
- Available for both Ontario and the Rest of Canada.
- Attractive bonus for sportsbooks
- Fast payout times
- In-Play betting available
Cons:
- High wagering requirements for casino bonus
- Complaints from players about payouts
10. MyStake
MyStake is available in Canada but not in Ontario because, till now, it only operates with a Curacao license that allows Canadian players to engage with them but Ontario players are restricted. At MyStake Casino you will find a good mix of Betting markets and casino games, although it does not have the best odds we have seen and there is a lot to improve in terms of customer support. However, it is still a good option for online casinos that accept Interac with an accessible deposit amount and the possibility of withdrawing instantly.
Pros:
- Extensive selection of over 6,000 casino games.
Cons:
- Limited sportsbook
How We Chose the Best Interac Casinos in Canada
To identify the best Interac casinos in Canada, our team at TheOddsCalculator employs a comprehensive evaluation process encompassing anonymous testing, real-money gameplay, and extensive industry research.
Real Money Evaluations
For a genuine perspective, we play with real funds at the casinos we’re reviewing. This allows us to provide valuable feedback for actual paying customers, examining the deposit processes, the efficiency of withdrawals, and the overall transaction journey. This is the most important part for us as gambling experts because it is where an online casino can stand out from others. A slow processing time for transactions will disincentive our criteria and put a red cross on the casino, even if it offers Interac among the payment options.
Broad Market Research
Our team has delved into and reviewed over 60 online casinos in Canada to craft a comprehensive rating system that covers a full test of the casino offering and the performance of the gaming platform. This exhaustive test, which may take us up to 5 days to have a good understanding of the online casino or betting site capability, enables us to compile rankings of the best betting sites and online casinos for Canadian players, highlighting for the purposes of this guide, those that offer Interac as a payment option.
Comparison of the Best Online Casinos with Interac
To decide on what is the best Interac casino for you, we encourage you to compare the differences between them which include the minimum deposit, availability in Ontario and what they stand out for.
Site | Minimum Deposit (Interac) | Available in Ontario | Best for |
---|---|---|---|
Wildz | $10 | Yes | Dedicated welcome bonus for Canadian players |
Betway | $10 | Yes | Regular bonuses for Canadian players |
PlayOjo | $10 | Yes | No wagering requirements ever - always get paid cash |
CasinoDays | $20 | Yes | 24/7 customer support |
TonyBet | $10 | Yes | Fast withdrawal using e-wallets |
LVBet | $10 | No | Wide availability of sports betting markets |
PowerPlay | $10 | Yes | Competitive Odds |
Platincasino | Not specified | Yes | Large list of game titles and slots |
Bet99 | Not specified | Yes | Attractive bonus for sportsbook |
MyStake | Not specified | No | Extensive selection of over 6,000 casino games |
Newest Interac Casinos in 2024
The new online casinos accepting Interac or that have recently launched this payment method among their payment options are:
- Bet99
- TonyBet
- Platincasino
The mentioned new casinos accept players from both Ontario and non-Ontario, but make sure you choose rightly the site that you are registering at, since in most cases, they manage two different domains (.com for non-ontario players and .ca for Ontario players).
Everything you need to know about how Interac works at online casinos
Interac is a Canadian interbank network that serves as a link between financial institutions and other businesses to exchange digital financial transactions. Interac also supports the Canadian debit card system and works as a transfer network via the e-Transfer service.
Over 250 banks and financial institutions collaborate with Interac, ensuring bank-grade security and up-to-date safety protocols. Their Zero Liability offer protects users from unauthorized transactions, significantly reducing the risk of sharing banking or credit card information with online casinos. More than three in five Canadians (61%) used Interac e-Transfer to send or receive funds in a given month(1).
Now we want to clarify some normal doubts when using Interac at online casinos. From the differences between the different Interac platforms available in Canada to how to make deposits and withdrawals, minimum deposits most commonly found, fees and advantages and negatives of using this payment method for gambling purposes.
Differences Between Interac e-Transfer and Interac Online
It’s important to note that there are two main types of Interac services: Interac e-Transfer and Interac Online. While both offer secure payment options, Interac e-Transfer allows for person-to-person transfers, while Interac Online is specifically designed for online transactions, including casino deposits and withdrawals.
How Interac e-Transfer Works at Online Casinos:
This method is commonly used to transfer funds to family or friends. At online casinos with Interac e transfer, you will be able to deposit by entering an email address given by the casino and a security question.
The main advantage of using it is that it’s available at most financial institutions and credit unions, so you will be less restricted and have more options for bank accounts to use.
How Interac Online Works at Casinos:
Using Interac online at online casinos is more straightforward, as the online casino provides a payment gateway for you to transfer funds directly from your bank account. You will be guided through your bank account directly and there is no need to enter an email as with using Interac e-Transfer. While this process is slightly faster than e-transfer, the downside is that it is not as widespread.
For example, at some casinos, Interac Online is only available to customers of the following financial institutions: First Nations Bank of Canada, RBC Royal Bank, and TD Canada Trust. It is also available to certain credit unions, depending on the province you are from.
How to Deposit at Interac Casinos and Betting Sites
As you may know now, there are two options when depositing at casinos using Interac: online and e-transfer. The difference, when making the deposit, is that Interac Online will allow you to transfer funds directly from your bank account, using a payment gateway.
On another hand, Interac e-transfer will require you to log into your bank account separately and from there transfer your funds.
Let’s explore how the deposits work at Interac casinos with each: online and e-transfer.
Option 1: Interac Online
Step 1 – Selecting Interac Online
In the deposit section, first, select Interac Online, choose the amount you want to deposit and follow the instructions.
Confirm the amount – in CAD dollars – that you want to deposit and press “continue”.
If you want to opt for a bonus, you need to check the box “I want a bonus”.
Step 2 – Select your Banking Institution
Now you will have to choose your corresponding banking institution to transfer funds.
After selecting your bank, you will then be forwarded to the payment gateway which is handled by Gigadat.
While it seems like you can select from a good bunch of financial institutions/credit unions, you’ll see that it’s not the case (only actually available to First Nations Bank of Canada, RBC Royal Bank and TD Canada Trust).
We’re not sure why online casinos do this, but just take note that if your bank/credit union is not available then you’ll have to click on “Cancel” and select Interac e-Transfer instead.
For this example, with Interac Online, we selected RBC Royal Bank.
Step 3 – Confirm your transaction via your Bank Institution and Interac
You will be then transferred to your corresponding bank’s website to process the transaction.
Step 4 – You can now check that your funds have been transferred successfully
Option 2: Interac e Transfer Casino
Step 1 – Choose Interac e-Transfer
In this step, you will need to choose the option Interac e-transfer and the amount that you want to deposit.
Remember to click to apply for any bonus in this step.
Step 2 – Select your Bank Institution
Choose your corresponding financial institution/credit union to deposit funds from. Apart from the biggest Banks in Canada, you will also have a list of financial institutions/credit unions you can choose from.
Unlike the Online version, most of the financial institutions are viable which is the main advantage of using Interac e-Transfer over Interac Online to deposit at online casinos.
Step 3 – Follow the deposit guidelines provided
You need to provide the final recipient email, the amount you want to deposit and the given code that identifies your transaction.
If you have any questions or problems during the process, do not hesitate to contact the customer service of Interac or the online casino.
Minimum Deposits and Withdrawal
You might think that the minimum deposit is the same at all online casinos with Interac. But it is far from accurate. Let’s take a look at the minimum deposit in the table below:
Interac Casino | Minimum Deposit (CAD) | Minimum Withdrawal (CAD) |
---|---|---|
CasinoDays | $10 | $20 |
Sports Interaction | $10 | $50 |
Betway | $1 | $10 |
Partycasino | $10 | $20 |
Bet365 | $10 | $10 |
As you can see, the minimum deposit does not rely on the payment method (only), but also the online casino can decide on it. However, there is a constant of around $10 to C$20, with some exceptions.
On the other hand, the minimum withdrawal with Interac normally starts at $10 to 20 dollars.
Low deposit Interac casino
The following casinos with Interac have a low deposit amount, ideal for players with short budget:
- PowerPlay – 10 dollars.
- MrPlay – 10 dollars.
- Platincasino – $10 dollars
- LvBet – 10 dollars
- Wildz – $10
- PlayOJO – $10.
If this is the budget you feel more comfortable playing with, find more options of $10 dollar minimum deposit casinos here.
Interac Limits per Transaction
It is also worth mentioning that there are hourly and daily limits fixed by Interac: For any 24 hours, you can send up to $3,000. For any 7 days, you can send up to $10,000.
- Online: There is a minimum transaction of $10 and a maximum of $2,500.
- e-Transfer: begins at $25 and goes all the way to $25,000.
So, as you can see, Interac Online is more restricted. However, you can start -in most cases – by depositing smaller amounts, compared to Interac e-transfer casinos where the minimum amount starts a bit upper. Still, it has the perk to allow you to get bigger amounts in case you decide to withdraw your winnings from the online casino.
Can I Get a Bonus if I Deposit with Interac at Casinos?
Yes, definitely. You can receive extra free bets or use a sportsbook bonus, as well as casino bonuses when you deposit at an online casino with Interac.
These offers may come as:
- Deposit match bonuses
- Free spins on popular slot games
- Cashback offers on losses
- Exclusive VIP rewards for regular players
In general, any time you make a new deposit you can enjoy different offers provided by the casino. Interac does not have any restrictions regarding bonuses at casinos or betting sites.
Best Interac casino bonuses
Note that these bonuses are meant for non-Ontario players.
- Wildz – 100% Up to $2000 + 200 FS
- Betway – 100% up to $1000 3 first deposits
- PlayOJO – 100% up to $1000 3 first deposits
Best Interac Betting bonuses
Note that these bonuses are meant for non-Ontario players.
- Tonybet – 100% up to $350
- Betway – 100% up to $200
- PowerPlay – 100% Up to $500
What Games Can You Play at Interac Casinos?
When it comes to the types of games you can play using Interac, the offerings are vast. From Slots to Live Casino.
Slots
Slots are the hottest games at online casinos that accept Interac because they’re easy to play, have tons of different options, and you could win big. They come in all sorts, from simple ones with three spinning reels to fancy video slots with lots of ways to win, bonus games, and even jackpots that keep growing. There’s something for everyone, with themes ranging from ancient Egypt to outer space, and they’re packed with cool features like free spins, special symbols, and fun bonus rounds. When you play slots, it’s all about luck – these machines use something called RNGs (Random Number Generators) to decide the results, so you don’t need any special skills to have a good time.
Roulette
Roulette is a timeless table game where you try to guess where the ball will end up on the spinning wheel. You can bet on specific numbers, colors like red or black, odd or even numbers, or mixes of them. There are different types of roulette, like American, European, and French, each with its own rules and chances of winning. Some folks use strategies like the Martingale or Fibonacci system to try and win, but at the end of the day, it’s mostly luck that decides who comes out on top
Blackjack
Blackjack is a card game where you try to get a hand as close to 21 as you can without going over and beating the dealer. It’s all about using your smarts and knowing when to ask for another card, stay with what you’ve got, double your bet, or split your hand, depending on what cards you and the dealer have. There are different types of blackjack like Classic, European, and Blackjack Switch. If you play smart, you can lower the casino’s advantage, making blackjack one of the best games for players.
Video Poker
Video poker combines elements of both slots and poker, giving players a chance to use strategy to their advantage. The goal is to get the best possible five-card hand, and you can choose to keep or swap cards after you’re dealt your first hand. How much you win depends on how good your hand is, and you need at least a certain level of hand to win anything. Some popular versions are Jacks or Better, Deuces Wild, and Aces and Faces. It’s a game that’s part luck, part smarts – if you know what you’re doing, you can improve your chances of winning.
Live Casino
Most casinos offer an exclusive section dedicated to live games where the main feature is to play through direct streaming from a real casino studio. You will find real croupiers whom you can chat with, as well as with the other players in the room. There are a huge amount of live casino games such as live roulette, live blackjack, live baccarat, dream catcher and others.
Sports Available at Interac Betting Sites
The following sports are accessible through top-rated betting sites such as Betway, Bet99, PowerPlay, and Tonybet, among others. These platforms are known for their comprehensive betting markets, covering a wide range of sports with various betting options like live betting, futures, and same-game parlays and all of them offer Interac for payments.
Based on information gathered from our research, the sports you can expect to bet at Interac betting sites include:
Basketball:
One of the most followed sports in Canada, with options to bet on leagues such as the NBA and the National Basketball League of Canada, as well as amateur tournaments worldwide. If you are a fan, make sure you check the best NBA betting sites in Canada here.
Football:
Football betting encompasses American football bets, covering major leagues such as the NFL and CFL. Bettors can engage in a variety of betting types, including match outcomes, total goals or points, and individual awards, making it one of the most versatile sports to bet on.
We have developed separately a full guide to the best NFL football betting sites in Canada that you will find helpful if this is your favorite sport.
Baseball:
With its long and storied history, baseball betting is rich with options, including MLB and other international leagues. Betting markets often focus on the outcome of games, total runs, and pitching performances, offering a strategic betting experience that mirrors the tactical depth of the game itself.
Tennis:
Tennis betting is popular for its year-round tournament schedule, including the Grand Slams, ATP, and WTA tours. Bettors can wager on match outcomes, set scores, and total games, with the individual nature of the sport allowing for detailed predictions on player performances.
Horse racing:
Given the popularity of horse racing in the betting community, many Interac betting sites ensure they offer competitive odds and comprehensive coverage of both local and international horse racing events. Whether you’re interested in the Triple Crown races, the Royal Ascot, or local races, there’s likely an Interac betting site that caters to your horse racing betting needs
eSports:
The newest addition to the sports betting scene, eSports betting, covers competitive video gaming across titles like League of Legends, CS:GO and Dota 2. Betting markets are diverse, including match winners, tournament champions, and individual match events, reflecting the dynamic and rapidly evolving nature of eSports.
How to Withdraw from an Online Casino Using Interac
Withdrawals are only allowed at some online casinos with Interac e transfer. The process will go as with any other payment method with some variations:
- Log into your account and go to the cashier section.
- Choose Interac to withdraw your winning.
- Confirm your details and enter the amount you wish to withdraw.
- You will receive a confirmation via e-mail when your funds are ready.
If it is your first time withdrawing from this online casino, they may ask you for proof of identity before processing the transaction. But you could also be asked for:
- Proof of Address.
- Proof of Payment Method.
During this period, the withdrawal request is put on hold until those items are verified. Some casinos do not request such information for small amounts. You can check those in our guide to no verification casinos in Canada.
You also want to be sure that there are no wagering requirements due in case you have made use of a bonus. If that’s the case, your withdrawal request will not go through.
If all looks good, you now need to wait for the approval of your withdrawal request. It might take as little as one hour or some days, depending on the online casino.
Fastest Interac withdrawal casino
We have selected a list of the fastest withdrawal online casinos in Canada for you to choose those with the fastest payout times that range between a couple of hours or on the same day. Among those listed in the linked article that accept Interac as a withdrawal method are:
- Wildz
- CasinoDays
- Betway
- TonyBet
- LVBet
How Funds are Processed at Interac Casinos
Commonly, It is Gigadat or Loonie who handles the processing of the funds.
Why so?
To some players developing a case of buyer’s remorse after losing, or simply planning to defraud the merchant. Therefore, merchants and banks need an intermediary system that minimizes the risk of chargebacks.
Gigadat and Loonie do exactly that through their Interac processing service for pay-ins and payouts. Since players cannot reverse a transaction after it is deposited, the rate of successful transactions is near 100%.
These transactions should appear to the bank simply as “Gigadat” and not show the source of the funds on the first pass.
This allows cashouts to some banks that most often reject any suspected gambling transaction. You may be interested in checking our list of Gigdat casinos here.
How Safe Is It to Gamble Using Interac?
If safety is your main concern, you will be glad to hear that Interac is highly secure and allows you to transfer funds from your Canadian bank account to a casino without revealing sensitive financial information.
This means that you will never be providing your personal card details to the casino or betting site directly. Instead, it will be Interac acting as the middle interface. The payment platform will also ensure that your transaction is available at the casino instantly.
Luckily, it is not only as safe as doing a transaction at e-commerce but also it is widely available: Interac (online and e-transfer) is one of the most used and demanded payment methods to gamble in Canada.
Safety Tips:
- Ensure a secure connection (“https://”).
- Never share banking credentials.
- Monitor bank statements for unauthorized transactions.
- Always gamble responsibly.
Interac Casinos per Canadian Territory
Due to the complex regulation of gambling in the whole territory of Canada, some clarifications and specifications by territory are worth explaining.
Ontario – Regulated Gambling Market
Ontario is the most recently regulated territory for gambling operators that offers a license to any gambling company. This license ensures that the online casinos and betting sites operate under a Canadian-based law and also that pay taxes to the province. Many casinos with Interac accept players in Ontario and most of them are listed on our website.
To identify an Ontario Interac casino you must look for the logotype below, belonging to the iGaming Ontario license.
Commonly, a brand operates in both Ontario and the rest of Canada.
Online Casinos with Interac in Northwest Territories (NTW)
Casinos in the Northwest Territories are normally licensed by recognized authorities like the Kahnawake Gaming Commission or the MGA license, ensuring they operate legally and offer fair play.
Several reputable online casinos catering to players in the NWT accept Interac, ensuring that players can deposit and withdraw funds securely and swiftly. Casinos like Betway, which counts with Interac payments, offer their games and sportsbooks to Northwest Territory residents. This platform not only offers a secure payment method through Interac but also provides lucrative bonuses and a wide variety of games.
Some of the key aspects considered when selecting top casinos in NT include legal compliance, data encryption and security, responsible gambling policies, bonus offerings, payment options, and the quality and variety of games available.
The Rest of Canada
The rest of the Canadian players, who are not located in Ontario, may sign up for any online casino with Interac listed in our list since the lack of regulation allows them to join International online casinos that own licenses in other countries such as Curacao, Malta or the Kahnawake license.
Mobile Casino Interac – All Devices
Interac works smoothly to make transactions from the mobile but not all casinos work as well from the small device. Some casinos might offer their own app to download, while others will have a very well-optimized website that runs perfectly from your mobile.
Casino apps that accept Interac
The online casino apps that accept Interac in Canada are the following:
- Betway.
- PlayOJO.
- TonyBet.
- Bet99
The above online casinos offer apps for Android and iPhone and you can download them directly from the Google Store or Apple Store, or the casino’s or betting site’s website.
Any Fees?
Transactions at online casinos with Interac are free of charge for both deposits and withdrawals. A casino will not charge for making transactions in or out of the gambling platform.
However, depending on your bank or financial institution you may encounter some fees. Interac itself has a good guide to understand when and how they charge fees.
Advantages of Using Interac at Casinos
- Fast and easy deposits: Interac e-transfer offers a simple and efficient way to transfer funds to an online casino and it is also a very well-known option to guarantee minimum delays on transactions.
- Many Banks and Financial Institutions: You will be able to do an e-transfer to a casino from almost any bank or financial institution available in Canada.
- Secure transactions: Interac uses advanced encryption technology to ensure the security of your personal and financial information.
- No credit card required: With this payment method, you can fund your online casino account without using a credit card, which can be useful if you’re trying to avoid racking up credit card debt.
- Instant access to funds: Once you have transferred funds to your online casino account, you can access them instantly and start playing right away.
- Widely available: Most casinos and sports betting sites in Canada offer this payment method for deposits. Therefore, you will have plenty number of options to choose from.
Disadvantages
- Fees may apply: Depending on your financial institution, you may be charged a fee for using an Interac wire transfer.
- Withdrawal limitations: Some online casinos may have restrictions on the amount you can withdraw.
- Possible delays: On rare occasions, there may be delays in the processing of Interac e-transfer transactions, which could affect your ability to fund your online casino account promptly.
- Pishing: Transaction notices are done via email. All electronic transactions are as vulnerable to phishing as the sender is. If a player doesn’t log into their account directly but responds to an email asking for passwords or other information, they could give bad actors access to their accounts.
Is Interac the Right Option for You?
After going through the pros and cons of using Interac for online gambling in Canada, it is obvious that Interac is a great pick for players who value speed, security, wide availability and convenience.
Interac is regulated by FINTRAC which ensures that all transactions are compliant with Canadian anti-money laundering and anti-terrorist financing laws.
But, there are some potential disadvantages to using Interac at casinos. For example, not all online casinos and sportsbooks support Interac as a payment method, which can limit the choices for players. Also, while there are no costs involved in using Interac, some banks may charge fees for certain operations.
In general, we recommend using Interac for online gambling in Canada considering the benefits, such as security, wide availability and fast processing times, outweigh the disadvantages.
Before you use Interac at online casinos or sportsbooks, be sure to check that the platform in facts accepts Interac and review the terms and conditions regarding payment processing fees to avoid future surprises.
Alternatives to Interac Casinos
If Interac does not meet your requirements or expectations, the following payment methods are as good:
- Muchbetter: A fast payment method that works for deposits and withdrawals in Canada. Find all Muchbetter casinos available in Canada here.
- PayPal: Only available at some online casinos and only in Ontario-regulated sites. Find more information about PayPal casinos here.
- Debit/Credit Cards: You can use your cards directly in the online casino by using your card number, expiration date and CVV, deposits with cards are normally instant.
- Instadebit and iDebit: Very similar to Interac, Instadebit and iDebit allow fast and instant e-transfers and work smoothly at most online gambling sites in Canada.
Responsible Gambling Practices
Importance of responsible gambling
When playing at online casinos, it is essential to practice responsible gambling to ensure a safe and enjoyable gaming experience. Responsible gambling helps to prevent excessive gambling, financial issues, and potential addiction.
How to set limits and monitor your online gambling
To maintain responsible gambling practices with Interac, players can set limits on their deposits, wagering, and losses. Most online casinos offer tools that allow players to monitor their gambling activity and enforce these limits effectively. It is crucial to regularly review and adjust these limits to ensure responsible gameplay.
Resources available for players seeking help for problem gambling
If you or someone you know is struggling with problem gambling while playing at online casinos, there are resources available to provide support and assistance. Organizations such as Gamblers Anonymous, the National Council on Problem Gambling, and local helplines can offer guidance, counselling, and treatment options for those affected by gambling addiction.
FAQ – Interac Casinos & Betting Sites
Is it safe to use Interac for online gambling transactions?
Interac is considered safe, utilizing multi-layered security features, including encryption and sophisticated fraud detection tools. Additionally, Interac has a fraud prevention team that monitors transactions and can detect and prevent suspicious activity.
Are there any fees associated with using Interac e transfer at casinos?
In general, Interac itself does not charge fees for its services. However, some banks may charge fees for using their online banking services, including transferring funds to online casinos. These fees can vary depending on the bank and the specific account you have with them.
How long does it take for deposits and withdrawals to be processed using Interac?
Interac deposits are typically processed instantly, meaning the funds should be available in your online casino account immediately after the deposit is made.
Interac withdrawals typically take 1-3 business days to process, although the exact timeframe can vary depending on the casino’s policies and the time of day the withdrawal is initiated. Once the withdrawal is processed by the casino, it may take an additional 1-3 business days for the funds to be available in your bank account.
Can I use Interac for online betting at sportsbooks in Canada?
Yes, you can use Interac for online betting at sportsbooks in Canada. Interac is a popular payment method in Canada, and many online sportsbooks accept Interac as a payment option for deposits and withdrawals.
Is Interac available for use outside of Canada?
No, Interac is currently only available for use in Canada. However, there are other similar payment methods available in other countries that offer similar services for online gambling transactions.
Can I transfer money from my bank to a casino?
Yes, you can. By using Interac e transfer you’ll be able to deposit and withdraw funds directly from your bank account funds.
Is Interac a monopoly?
Interac operates as a major, but not exclusive, payment network in Canada, indicating a strong position but not a monopoly in the strict sense, as there are other payment options available
How does Interac network work?
Interac processes transactions by verifying funds and transferring them from the user’s account to the merchant’s account via ATMs, debit cards, and online banking
Who owns Interac?
Interac is owned by a cooperative of major Canadian financial institutions including RBC, Scotiabank, CIBC, TD Canada Trust, and others
Is Interac only in Canada?
Yes, Interac primarily operates within Canada, though Canadians can use Interac Debit in the U.S. at NYCE terminals
What banks use Interac?
Major Canadian banks such as BMO, Toronto-Dominion Bank, Libro Credit Union, and Laurentian Bank use Interac.
Can I use Interac Online?
Yes, Interac Online allows you to pay online directly from your bank accou
What are the disadvantages of Interac?
Disadvantages include the potential for hidden fees, especially with international transfers, and the service is only available to customers of certain Canadian bank accounts
Can you get money back from Interac?
Cancellation fees may apply for receiving funds from canceled e-transfers, indicating a form of refund process
Do you need a bank account for Interac?
Yes, an Interac e-transfer requires a Canadian bank account.
How do I get Interac?
To use Interac services, you need to have a Canadian bank account set up for online banking
Is Interac an app?
While not an app itself, Interac services can be accessed through the mobile apps of participating Canadian banks.
How does Interac work?
Interac works by allowing users to send and receive money through email or mobile phone number, with the transaction processed via the recipient’s bank.
Is Interac transfer legit?
Yes, Interac transfers are legitimate and widely used by Canadians for secure transactions