In Canada, we like to do things a little bit differently. While the rest of the world using Visa and Mastercard, we use Interac. Not necessarily a bad thing, but making some payments online can be a little bit different...particularly if you are playing at an new casino site.
Interac is the main debit card system in Canada. Chances are that if you have a bank account, then you will have been issued with an Interac card. As mentioned previously; it is unlikely that you will be given a Visa or a Mastercard within Canada. Interac is essentially responsible for all electronic payment systems in the country. It is owned by the banks, so operates as a ‘non-profit’ which does carry a few advantages. The downside is that, on occasion, it can be a little bit difficult to make payments overseas if you only have an Interac card as not all overseas systems will be set-up to deal with it. However, if you only ever end up playing at Canadian online casinos then this is probably not going to be an issue for you anyway.
Your payment card is still going to be a debit card, which means that you can play at any online casino which accepts credit or debit cards. It is worth noting that because the Interac system is a wildly different system to Visa or Mastercard, there is a chance that you may not be able to use the card outside of the country. So, this means that you will not be able to play at any European online casinos (we know that some Canadians love to do that!) Use your card as if you were making any other payment online. Tap in your card details and you should be good to go. If you are lucky enough to win any money at the online casino, then you will be able to withdraw the cash directly to your bank account.
This is actually one of the major benefits of using Interac when you are playing at an online casino. Not many online casinos offer it at the moment, but we have no doubt that they will in the future. This service will enable you to automatically pay the vendor using money from your bank account. There is no sharing of bank details or anything like that, which makes it secure. You will need to be a customer of one of these banks, though:
So, four of the five largest banks in the country. If you have CIBC, then you will be using Visa Debit, so the service will be a little bit different there. Make sure that you consult with your bank, as you will need to set the service up with them directly.
This is a service that not all Canadian online casinos, but more and more are starting to. With this service, all you need is the email address of the casino (they will have a dedicated payment email address) and you send the money to them like that. It is, essentially, the same as using PayPal to make a payment. This is a quick and easy payment method. However, as mentioned, the majority of online casinos do not offer this service. We are unsure as to why. We have actually encountered a few online casinos in Canada which will allow you to make withdrawals using the email money transfer system. There may be a few fees involved, however. This means that you may want to use this option as a ‘last resort’ and go for one of the other options that Interac has in place for you.
Our team here at AllCanadaCasinos.com has put together a list of some of our favourite online casinos below. All of them will allow you to deposit money using your card which uses the Interac system. They will enable you to withdraw it too. Some of them will also allow you to use Interac Online Payments, although you will need to set this service up with your bank first if you want to take advantage of it properly.
We've listed some of the best online casinos below where you'll be able to safely and securely deposit and withdraw via Interac e-transfers. We've listed the casinos below as they've been checked by our review team for their safety, reputation and casino experience they give Canadain real money players. These casinos have some of the biggest casino games and slots selections online. They also each offer Interac casino bonuses, professionally round the clock multilingual support and plenty of rewards and promotions once you become a member.
If you're new to playing at online casinos, or perhaps new at using Interac as a payment method at Canadian gambling sites, check out our frequently asked questions below to help you have a broader understanding of what's involved, how this payment method works and why it's the safest and most trusted way to pay online.
Using Interac e-transfer is one of the safest deposit methods you can opt to use. It's incredibly safe because there's no transference of personal details between you and the casino website. Since you only log into the Interac system itself, you do not need to enter any sensitive payment details into your casino account. This means that there's no chance of any information being leaked, hacked or stolen. This is why Interac eTransfer is a great choice for online casino banking.
Generally speaking, the answer is No, it doesn't cost money to use Interac e-transfer. It’s entirely free from the provider’s (Interac) end. Where fees could creep in (and that's not to say they will) are from the bank or from the online casino that you’re using. If you're looking to deposit via Interac and are unsure if you'll incur any fees, it's worth contacting the casino that you're planning to play at, or you can read up on different fees on Interac's 'Fees' page under the section where third parties are involved. As a general rule, when using an e-transfer to fund your casino account however, the payment service usually comes with a flat-rate fee of $1-$1.50 when depositing. The flat rate is usually $1, but sometimes can be $1.50 depending on the bank you’re using. The good news is that the fee doesn't increase with the money that you deposit. So, it doesn't matter if you deposit $10 or $2,000 - the fee will be the same! This of course is one of the major perks of using Interac eTransfers- it's not only low cost but its one of the safest payment methods you can use.
Interac is one of the swiftest payment methods available at online casinos. Unlike regular bank wire transfers (both deposit and withdrawal) and credit cards like Visa and Mastercard, Interac casino deposits usually take a couple of hours - at most! This is one of the reasons why using Interac at online Casinos is popular as well.