Interac is the most popular payment method associated with online casinos in Canada. This payment method is even more popular than using digital wallets or credit cards.
This guide will briefly introduce you to Interac, discuss the different payment types, and guide you through the deposit and withdrawal process.
What Is Interac?
Interac is a type of Canadian debit card that allows casino players to play using money directly from their bank accounts. It is a fast and effective payment method, and since you’re playing with money already in your account, no credit is involved.
Many gamblers prefer playing with Interac as it gives them complete control over their spending.
Interac Payment Types
Before you can play on Interac casinos in Canada, it is important to understand the different payment types available:
- Interact Debit: It allows players to use their Interac Debit card for purchases and online casino deposits.
- Interac Cash: This option allows users to withdraw money from an automated banking machine (ABM) using their Interac card. This can be handy for those wanting to withdraw their casino winnings as real cash.
- Interac Online: This is the most popular option for online casino players and iGaming enthusiasts. It links your bank account to the internet, allowing you to make online purchases or deposit money into your casino account. All funds are directly pulled from your bank account.
- Interac Flash: This is a specific feature of the debit card. It allows users to tap their cards for contactless payments.
- Interac e-Transfer: This is similar to bank transfers, allowing users to transfer funds from their accounts to companies accepting Interac payment methods.
Clearly, most of these payment types and features of Interac are beneficial to online casino users. Whether you want to deposit funds onto the casino platform, withdraw your winnings at an ABM, or use your casino winnings to make online payments via your account, you’re covered with Interac.
Deposits and Withdrawals with Interac
Interac has made it easy to deposit and withdraw funds to and from online casinos, as long as you’re playing on a platform that accepts these types of payments.
How to make a deposit
Here are the steps that most online sites require to make an Interac deposit before you can start playing:
- Sign up or log in and find the Cashier page where deposits are made. It may also be called “Banking”. Or, there might be a button on the home page called “Deposit funds”.
- Select that you want to make deposits using Interac from the list of deposit options.
- There may be several Interac payment options. Select your preferred option (usually either debit or e-transfer).
- Choose how much you wish to deposit.
- A pop-up will appear that takes you to the Interac website. Log in with your PIN to complete the transaction.
How to make a withdrawal
Cashing out your winnings is very straightforward:
- Go to the Cashier or Banking page.
- Select Interac as your preferred withdrawal method from the list of options.
- Select how much you wish to withdraw, and provide your banking information and PIN.
- Confirm the withdrawal, and watch how the funds in your account increase.