Why should you deposit using Interac?
The biggest advantage of using Interac is that it is tied directly to your Canadian bank or credit account, so many of the best casinos that accept Interac as a deposit method will also let you withdraw back to it. Rather than waiting up to seven working days for your winnings to appear on a credit or debit card, or paying fees for bank wires, your payout will go to your account directly.
As always, it’s extremely important to stay safe when playing at an online casino. Fortunately, Interac uses multiple layers of security to protect players from giving their bank account or credit card numbers to outside sources. By using Interac, the casino will not have access to your account information. While you can send money to and from your bank and Interac account, and transfer from casino to Interac, it provides another level of security.
When you make a deposit using Interac, you might be given two options: Interac Online and Interac e-Transfer. The difference is that Interac Online will allow you to transfer funds directly from your bank account using a payment gateway while Interac e-Transfer will require you to log into your bank account separately in order to perform the transfer via email. Interac Online is a slightly faster process but isn’t as widely accepted as Interac e-Transfer. Whichever method you choose, the casino will guide you through the process. Once complete, transactions to and from the casino are pretty much instant.
Be aware of expiry times!
Every time you make a transaction, the recipient must approve it. That means if the casino somehow neglects to debit your Interac account, yet credits your gaming account, the transaction’s life-cycle will expire in 30 days. If a player doesn’t notice that they played for free it may take a while to sort out with the website’s customer service. Make sure to check your account regularly to avoid mishaps!