Interac Online is a payment service that was established in the mid-1980s to provide Canadians with a more efficient way to make transactions. It currently supports over 90 organizations and institutions, and has become a force to be reckoned with in Canada.
Interac has been a popular payment method for years, but the company recently introduced a new service that allows people to make payments over the Internet. The Interac Online service is now one of the best banking solutions available to Canadian casino players. It allows for quick and convenient payments, giving gamblers the opportunity to easily manage their bankrolls at online casinos that support the service.
Interac Online is a safe and secure online payment option that many Canadian gamblers are turning to in order to fund their online accounts. It is important for players to understand how the service works, as well as the benefits and drawbacks associated with using it for gambling purposes. Below, we have outlined these points in detail.
Best Interac Online Casinos
Register for Interac E-Transfer Autodeposit
Registration is not required to use Interac Online for borderless payments. The platform acts as a bridge between payees and their partnering banks, who then authenticate the money transfers.
To make it easy to send, request, and receive funds, you can register for Interac e-Transfer Autodeposit. The feature lets you use a valid mobile number or email address to access your account.
Interac e-Transfer Autodeposit is a great way to make banking easier. It lets you deposit money into your bank account automatically, without answering any security questions each time. To use this feature, you just need three things:
- A bank account at a participating Canadian financial institution
- If you have a mobile or online banking account with said bank, you can access your information using these services.
- You must have a valid Canadian email address or a phone number from a Canadian mobile carrier.
The exact registration process may differ based on the specific financial institution you are registering with but generally involves the steps described below. Some Canadian banks do not support Interac e-Transfer Autodeposit; check with your bank or credit union before registration to confirm that it is available.
- Log into your online banking account by loading the website or mobile app of your bank.
- In the app’s settings menu, look for the Interac e-Transfer Autodeposit feature. The exact location of this feature may differ between banks.
- You can sign up for Autodeposit by entering your email address and selecting the bank account for automatic transfers.
- To complete your registration for Interac e-Transfer Autodeposit, please save these settings and check your email address.
- Now, incoming transfers will be directly debited from your preferred bank account.
How Interac Autodeposit Works
Interac Online Registration Process FAQ
Is Interac e-Transfer Autodeposit safe and secure?
The Autodeposit feature is a convenient way to deposit money into your account. It uses the same high-security features as Interac e-Transfer, including security questions and passwords, which means you don’t have to visit a branch or use cash to make deposits. You’re notified about your deposits through a text message or email.
I don’t see Autodeposit as an option in my online banking app. Can you tell me why?
If you do not see Interac e-Transfer Autodeposit in your bank’s settings, it is probably because your financial institution does not support the feature. You can always contact your bank to ask whether it offers registration for this functionality.
Would you like to unsubscribe from the Interac e-Transfer Autodeposit service?
Yes, you can unsubscribe from this service. You can deactivate it the same way you registered for it–by visiting your bank’s app or website and disabling the feature there.
I went through all the registration steps, but I have still not received an email for verification. Could you please help me?
After you register for Interac e-Transfer Autodeposit, we recommend that you check your junk mail folder. If you still haven’t received a verification email, try registering again or get in touch with your bank for further information and assistance.
Can I add more than one email address to the Interac e-Transfer Autodeposit feature?
You can register several email addresses per online banking account, but the exact number depends on your financial institution. It’s worth noting that once you sign up for this feature with one address, you can’t use it for another account.
Using Interac Online for Gambling Transactions
The Interac Online service offers several ways to make payments online, whether it’s through Interac Debit, Interac Flash or Interac e-Transfer.
Interac Debit
Interac Debit allows you to access your account at any time, anywhere in Canada. With the Interac Debit card you can make purchases at over 500,000 locations where Interac is accepted.
When you use your Interac debit card, the funds are transferred directly out of your account and into the merchant’s account. The service does not extend credit to you, so you must have money in your account before making a purchase. To use it, enter your PIN on the POS terminal and then enter your debit card. If you have any questions about using your debit card, feel free to ask!
Interac Flash
Interac Flash is a contactless debit solution where you simply hold your smartphone near the POS terminal and the payment is complete. You will need a smartphone with NFC capabilities, access to the Internet and an Interac Flash-enabled mobile banking application from one of many banks in Canada.
Interac e-Transfer
Interac e-Transfer is one of the most popular features of Interac–because it’s so fast and easy. All you need to do is send an email or text message to the recipient, who needs only an email address or a mobile number. Then you can fill out all the necessary information: amount, recipient, etc. Once everything is confirmed, your money will be sent immediately.
You can easily request money via Interac e-Transfer if you are expecting funds to be sent to you. To do this, log into your online banking, look for the Request option in the e-Transfer section and fill out the form with the information of who you want money from and how much you want them to send.
The Interac e-Transfer infrastructure processes transactions almost instantly, so you will have the money you are sent almost instantly.
Interac Cash
Interac Cash is a service that allows you to withdraw money from your bank account at ABMs across Canada. It’s fast, easy, and secure.
To make a withdrawal at an ATM, simply insert your debit card and enter your PIN. You may be charged a fee by the owner of the ATM.
Interac Online
Interac Online is a quick, secure payment method that allows you to make transactions on the Internet without revealing any personal or financial information. You can use it at hundreds of online stores and gambling websites. The money will be transferred almost instantly, and the transaction will be processed quickly.
Advantages and Disadvantages of Using Interac Online as a Deposit Method in Canada
There is no one-size-fits-all solution when it comes to online payment methods. Each one has its own pros and cons, and you should weigh the benefits against the downsides before deciding which one is right for you. We’ll go over all the main features of Interac so you’ll know what to expect if you decide to use it.
One of the advantages of Interac is that it has a large user base, which means it will be accepted by most Canadian online casinos. This also means that if you get bored with one gambling website and wish to switch to another, you will be able to use Interac at the new casino, as well. This negates the need to set up a different payment service to control your bankroll as it readily available at your disposal.
Interac was founded with the main goal of creating an efficient domestic payment infrastructure. The network currently has more than 80 participating banks, so you can probably connect your bank account to Interac and send or receive payments easily.
Interac is one of the cheapest banking solutions out there, so if you choose to take part in it, your bottom line will hardly be affected by transaction fees. Moreover, you will also enjoy the benefit of instant deposits to your online casino balance and speedy withdrawals, where available.
Last but not least, Interac offers more than just a way to manage your casino bankroll. While other banking solutions are limited to use within the online casino industry, Interac is accepted by hundreds of thousands of businesses in Canada and can be used outside of it as well.
There are, however, some disadvantages to using the Interac service. First of all, you will only be able to use it if you are a Canadian resident. This means that foreign individuals and anyone who wishes to make use of the service must have a bank account with a Canadian institution.
For Canadian users, one of the biggest problems is not being able to use Interac at casinos that they like. Interac is not accepted as a payment solution at most casinos outside of Canada, which means that if you have a favourite website that does not accept Interac, you will have to find another way to pay for your gambling activities. However, this problem may go away in the future as more gambling companies start accepting Interac.
Fees for Gambling Transactions with Interac Online
Interac, as one of the cheapest online banking solutions around, offers a fee structure that is transparent and easy to understand.
When you withdraw money from an ABM using Interac Cash, you will be charged a Switch Fee of CA$0.006243. The Interchange Fee for the use of Interac Debit and Interac Flash will be CA$0.005759. The fees for using Interac Online vary by institution, though they usually range within the CA$0.115 to CA$0.265 limit.
Interac offers you a convenient way to transfer money, and the service is much less expensive than many other payment services.
Processing times for Interac Online transactions
When choosing an online payment service, speed is important. If you want your deposits to be processed quickly so that you can play casino games right away, then Interac is the way to go. With traditional bank transfers, it can take days for your money to be deposited into your account–but with Interac e-Transfers, the wait time is much shorter. The majority of the time spent processing your deposit will consist of filling out the forms and confirming payments. In seconds, you’ll have money in your casino balance that can be used for playing games or withdrawing from your account.
You can withdraw money from your account via Interact, though not many gambling websites currently support this option. If they do, they’ll process your withdrawal within 24 hours and then send it to you. After that, it will take 2 business days for the transaction to clear and for the money to appear in your balance.
Mobile Interac Online
With Interac, you will be able to use your mobile device to make payments. You can also use the Interac Flash feature to pay with your smartphone at POS terminals.
Mobile payments are quick and easy. To make a payment from your mobile device, head to the Cashier page and select the Interac option. Enter your account information and confirm the transfer. You’ll be playing your favorite games in no time!
Security measures at Interac Online Casinos
When you make payments on the Internet, it’s important to know that you’re dealing with a secure service. Interac is a good choice because it incorporates many banks in its network and uses strong encryption technology.
It’s important to be aware of the security features offered by the online casino you choose to play at. Today’s industry offers a wide range of encryption software that protects your data and funds should there be an issue with your account. Typically, this comes in the form of encryptions that are difficult to break, making them effective. Not only does it take a lot of effort to break these encryptions, but it’s not worth doing so because they’re so difficult. When using Interac Online, you can rest assured knowing that you will be safe and can play your games in peace.
Interac Online Alternatives
While Interac Online is convenient and popular, it may not be suitable for everyone. Fortunately, there are plenty of similar payment methods available, such as the ones listed below. All are easy to use and secure. Some are available internationally, allowing casino players from multiple countries and territories to make deposits or withdrawals with ease.
Casino Games with Interac Online
Online gambling sites that accept Interac allow players to choose from a diverse range of casino games like video slots, blackjack and roulette.
Our recommended Interac Online casinos offer a diverse range of games to suit all tastes, budgets and experience levels. And the best part is that you won’t find many other gambling sites that offer such amazing graphics and a wide array of features that will keep you entertained for hours on end.
Slots with Interac Online
Video slots are the most popular type of casino game, and for good reason. They’re easy to understand, have huge potential payouts, and can be enjoyed by players of all ages. Video slots come in a variety of different formats, ranging from classic three-reel fruit machines to modern video slots with cascading reels, multipliers, bonus games, scatters and wilds.
Online slot machines can be linked to progressive jackpots. Different bet sizes and volatility levels are available to accommodate players from all walks of life. Slot mavens are guaranteed to enjoy a high-octane spinning experience combined with an enormous choice of titles at Interac Online casinos.
Starburst
Starburst is a classic online slot game that was first released in 2012. The game has five reels and three rows, with ten fixed paylines. Bets can range from $0.10 to $100 per spin, making it suitable for all players regardless of budget size and risk tolerance.
Book of Dead
In Book of Dead by Play’n GO, players embark on an exciting journey to ancient Egypt with Rich Wilde, a fearless explorer. They will encounter scatters, wilds, and free spins with expanding symbols.
Spicy Meatballs Megaways
Spicy Meatballs is a delightful six-reel slot game from Big Time Gaming that features sticky wilds and free spins with unlimited meatball multipliers, boosting the game’s winning potential.
Blackjack with Interac Online
Blackjack is one of the most popular casino games around. Its popularity stems from the fact that it has a low house edge, plays quickly and has straightforward rules – perfect for players who want to enjoy themselves without having to study complex strategy charts!
Interac Online casinos offer a wide range of blackjack variations, with many hosted by professional dealers. The graphics and sound effects make the games feel very realistic.
Blackjack Switch
Blackjack Switch is the first game by Playtech to feature two hands per round. You can swap the top cards and improve your chances of forming a winning hand total, but this comes at the expense of several detrimental rule changes. The game caters to side bettors with several optional wagers that pay at enhanced odds of 40 to 1.
Atlantic City Blackjack
Microgaming’s Atlantic City Blackjack is a variation of blackjack whose house edge is lower than most other games in its category. By surrendering after you’ve received two cards, you reduce your bet by half and therefore increase the odds of winning. The game features standard playing decisions like hit, stand, split and double down as well as late surrender.
Live Free Bet Blackjack
Evolution Gaming’s Free Bet Blackjack offers players a realistic casino experience with professional dealers and a high-definition stream that brings the action to mobile and desktop screens.
The game offers several unique features. For example, you can double down on any two cards totaling 9 through 11 at no cost, or take a free split on all pairs bar those consisting of two ten-value cards like paired queens or paired jacks. The game supports unlimited seats and four optional side wagers: Bust It (an additional bet that enables you to bust out other players), Any Pair (a bet that enables you to win if you have any pair), Hot 3 (an additional bet enabling you to win if your first three cards are in three of six categories: hearts or diamonds, spades or clubs), 21+3 (an additional bet enabling you to win if your hand consists of three cards adding up to 21).
Roulette with Interac Online
Roulette is one of the most popular casino games at online casinos, including those that accept Interac Online payments. There are several different types of roulette available, including American, European, French and Multi-Ball. Some versions offer a multiplier and side bets while others include bonus games.
Multifire Roulette
Microgaming has created a great variation of the classic wheel-based game with Wheel of Fortune: Deluxe Edition. The sound effects, graphics and animations in this game are fantastic.
Multifire Roulette comes with a curious twist: you can win up to five times the payout on straight bets. Multifire numbers have multipliers ranging from 50x to 500x, so if you bet on Multifire and get lucky, your payout will be bigger than usual. To give you an idea of how this works, if you bet $10 on Red and win, you’ll get $30 back. But if you bet $10 on Multifire Red and win, you’ll get $300 back! Racetrack betting is also available in the game.
Double Ball Roulette
Double Ball Roulette is a variation on the classic game that was first played in Las Vegas several years ago. The game generated huge interest and Felt Gaming have recently adapted it for online play where they hope to recreate its original success. The original version of Double Ball Roulette involves two balls rather than one, making it unique among online games.
The game uses a standard single-zero wheel, but players can also place wagers on black and red. This bet wins if one ball lands on a red number and the other lands on a black number.
Mega Fire Blaze Roulette
Playtech’s Live Roulette with Progressive Jackpot offers the chance to win a huge payout of 10,000 times your wagers. The software chooses one to five random numbers during each round, and a bonus round triggers whenever the ball lands on one of those numbers.
Players who place inside bets on the chosen number are rewarded with a larger payout than those who bet on other numbers. Other than that, the game follows standard single-zero rules.
Live Game Shows with Interac Online
The latest craze in the online gambling industry are live game shows, where you can interact with a host and other players while playing. They carry huge winning potential and are hosted by chatty presenters who offer higher levels of excitement. Evolution Gaming was the first supplier to launch a live game show on the internet but others soon followed suit. Today, you can find this new breed of casino games at most casinos powered by Evolution, Pragmatic Play, and Playtech, among others.
Sweet Bonanza Candyland
Sweet Bonanza Candyland is an exciting new slot game from Pragmatic Play, the same developer who created the hugely popular online version. The live game show takes place in a delicious candy world and streams live from Bucharest, Romania, so players can expect nothing short of a spectacular experience. The game has the potential to produce huge wins with multipliers up to 500x your stake and a maximum payout of $500,000.
Gonzo’s Treasure Hunt
If you’ve played Gonzo’s Quest, you’ll recognize the theme of Evolution Gaming’s adaptation of the show. The game was first released by NetEnt in 2013 and then adapted by Evolution after they acquired Gonzo’s Quest creator NetEnt in 2020.
The show is hosted by quirky presenters dressed as explorers, who guide players through a series of adventures. They search for hidden treasures on a massive video wall by picking stones that have different multipliers up to 65 times the bet. There is also a Prize Drop feature that increases excitement as it allows you to win up to 20,000 times your bet per single stone.
Mega Ball
Mega Ball is a popular game show that takes place in a dedicated studio, where a special machine draws numbered balls to produce the outcomes.
Players choose numbers to add to their cards and win provided that the drawn balls match their numbers. Winning numbers must align with each other on diagonal, horizontal, and vertical lines. The 5x to 100x multipliers built into the game further boost excitement.
Interac Online Casinos FAQ
Here are some commonly asked questions about Interac as an online gambling deposit method:
Are Interac deposits eligible for casino bonuses?
Generally, you are eligible for a casino promotion if you deposit with Interac Online. While some banking solutions may disqualify you from claiming a bonus, Interac Online is not among them. You can safely deposit to your balance to take advantage of a promotional offer. Still, it’s always good to check the terms and conditions before making a deposit.
Can I use Interac Online outside of Canada?
Interac Online is a service that allows Canadians to make online transactions using their bank accounts. To use the service, you must have an account with one of the partnered Canadian institutions. If you are outside of Canada, you can still use Interac Online as long as you pay attention to local gambling laws.
My casino does not support withdrawals via Interac Online. What can I do?
If you find yourself playing at an online casino that accepts Interac Online for deposits but not withdrawals, you may have to use a bank transfer as a withdrawal method. This will be slower than using Interac Online, but it is the only option available.
Will I be required to submit proof of identification to the casino when using Interac Online?
It is one of the legal requirements for running an online casino, and no legitimate operator would dare go over this important rule. Depending on how you pay, you’ll need to provide some sort of identification documentation to prove who you are. Typically, this will come when requesting a withdrawal.
What currencies does Interac Online support
With Interac Online, Canadian banking network users can use their online banking credentials to make secure, fast payments at casinos that support the service.
How can I verify the legitimacy of an Interac Online Casino?
It’s easy to tell whether a gambling website is fair: just look for the seal of a respected regulatory institution, such as the Malta Gaming Authority or the United Kingdom Gambling Commission.
Ask a question and get an answer.
If you have any questions about this topic, please ask us.
See the answers to questions that people have asked in the past:
Will I be able to claim casino bonuses if I use Interac for deposits at the casino?
Most casinos will accept Interac deposits and allow you to redeem any promotions when using this payment method. However, some casinos have special requirements for their promotions; make sure to check the terms and conditions before redeeming. In most cases, however, you can use Interac to make casino deposits and still be eligible for a casino’s promotions.
I see that both Interac Online and Interac e-Transfer are available as payment options in the Cashier section of my online casino account. Can you tell me what the differences are between these two options?
Canadian players can use both Interac Online and Interac e-Transfer for their online casino payments. Withdrawals are available only through Interac e-Transfer, but if your bank does not support the service, you can go back and select Interac Online to complete your deposit within a few seconds. The two services enable fast, secure, and budget-friendly transactions between your bank account and the casino’s bank account.