In this article, we will review Interac as a payment method for online casinos. Interac is a Canadian Interbank Network established in the form that we know it in 2018. It serves a debit card system and is one of Canadas most popular providers for payments online.
Online Casinos attract all different types of players. Some like making big deposits while others like to make more moderate deposits. Regardless of which one of these is closest to you, Interact is a payment method for everybody. It is safe, well-renowned and easy to use. How you use Interact when depositing at online casinos, whether or not interact is safe and much more will be discussed in this review.
Best Canadian Casinos that accept Interac
There are many online casinos that allow players to deposit and withdraw funds with Interac. Below we have summarised some of the best real money online gambling sites in Canada where you can use Interact as your banking option.
• Bonus: C$ 10 no deposit
• Minimum Payment: €10
• Games: +300 games including unique games
• Bonus: 50 Wager Free Spins
• Minimum Payment: C$10
• Games: +3000 Slots, table games and live games
• Bonus: 100% Match-up on up to €100
• Minimum Payment: C$10
• Games: +500 Games
• Bonus: 100% Match-up + 100 Free Spins
• Minimum Payment: C$ 10
• Games: + 2000 Slots, jackpots and live games
What Is Interact?
Interac is a Canadian interbank that links financial institutions and enterprises for the purpose of electronic financial transactions. It constantly develops in order to suit the growing need for fast and secure e transfers. Regardless of whether you want to pay for a drink at a bar, deposit money at an online casino or pay back a friend, using Interac is for you. The same goes for where you want to use it as, regardless of whether or not you are on the go or staying at home, Interac online can be used on both your smartphone and your laptop to make an e transfer. This transaction arrangement is therefore both flexible and easy to use. Users can access their bank account whenever and wherever they want which is necessary in a global, mobilised world.
So how does it work? Easy! Once you have an account at Interac you just have to follow these three steps:
1. Login to your account
2. Choose Interac as your payment method
3. Authorise the transaction
Is Interac safe?
For Interac safety begins with technology. They make sure to be at the forefront of technological advances that are aimed at customers safety and ease. Interac has 5 areas of usage and each of these has a security aspect connected to it. For example, the Interac debit card has a chip technology that protects from counterfeiting, transaction replay and card-not-present transactions. The Interac Online function shares no personal information with the merchant, hence protecting the user. For those players using Interac mobile payments, they can feel safe as this uses both biometric and password verification in order to make a purchase.
We at FindFairCasinos would definitely recommend using Interac online for depositing funds into an online casino as it is very safe for the customer to use as well as widely accepted by trustworthy online casinos.
Pros and Cons
As with all payment providers, there are pros and cons to using Interac. In this section, we will discuss some of them, hopefully helping you as a customer decide whether or not Interac is for you when depositing funds to your casino account.
• Several different functions
• Easy access
• Minimal fees
• Bonus available.
There are definitely more advantages than disadvantages for online casino customers to use Interac. Our first point is that it can be used in an array of ways. There is Interac debit, Interac e transfers, Interac online and Interac Mobile just to mention a few. The second advantage is that it is very secure. Of all payment methods available on the market, Interac has some of the lowest rates when it comes to fraud and embezzlement.
The third advantage is that Interac customer can very easily access their account. Whether they are on the go or at home, Interac can be used on both stationary as well as handheld devices. Interac users have access to their bank account at all times something that we feel is very positive. In addition to having access to the bank account at all times, making transactions with interact is a fast process. Making a first, second or 100`d deposit is an immediate process.
Many payment methods require a fee in order to deposit or withdraw funds. The fees with Interac are often smaller than the ones with other brands such as e-wallets or credit cards.
Our last advantage has to do with the casino bonuses. Many online casinos exclude certain payment methods from taking part in the welcome bonus offered by the online casino. For example, many casinos do not allow players who use Skrill or Neteller to take part in the free spins offers. Free spins and other welcome offers can be claimed when using Interac, which is another great advantage of this method of payment.
• Not accepted by all casinos as a method of depositing funds
When it comes to the disadvantages of using Interac, there aren`t many. We at FindFairCasinos could only think of one, which is the fact that not all casinos accept Interac e transfer or Interac online, which means that the customer cannot use it to make deposits. The most popular and trustworthy casinos on the market will of course accept Interac. To help you out we have created a small list of Interac Casinos in the section below.
Casinos accepting Interac
As previously mentioned, a disadvantage of Interac is that it is not accepted by all online casino providers on the market. We have chosen to focus on four of our top-rated casinos that are available in Canada and that accept Interac as a payment provider. These casinos all accept Interac when players want to claim free spins or other bonuses.
This casino is loved from Ireland to the Czech Republic and Canada. The main reason for all the love for One Casino is that it has a generous welcome bonus. All new players receive a C$10 no-deposit bonus. With this bonus, players can try slot machines and table games available at the casino. If players, then choose to deposit funds into their account they can use Interac to do so. Furthermore, the first deposit is matched, meaning that players will have double the fun.
One Casino is licensed by the Malta Gaming Authority, one of the best licenses on the market. The website is available in English, Finnish, French, German and Czech.
Players who join PlayOjo will receive 50 wager-free free spins. The free spins are given at the first deposit, and they can be used on the incredibly popular video slot Book of Dead. Play Ojo has over 3000 games, including live casino games, video slots and scratch cards. Due to its very big library of games and generous welcome bonus it has become one of Canada`s most popular casinos.
Play Ojo is like One Casino also licensed by the Malta Gaming Authority. The website is available in Finnish, German, English, French and Norwegian.
The third of our recommended Interac casinos is Emu Casino. It was not long ago that they added Interac as a payment solution for all of their Canadian customers. New players signing up to this casino will receive 12 free spins as they register an account. In addition to the no-deposit bonus, players who decide to make deposits into their account will receive a match-up bonus on their first three deposits.
Emu Casino only has a Curacao eGaming license. The website is only available in English.
Our final recommendation goes to Slotum. This is one of the newer Interac casinos, it was first established in 2018. Players can use Interac online or Interac e transfer to make their first deposit and receive a 100% Match-up on up to C$100 + 100 Free Spins.
Slotum is available in 8 languages, including English, Finnish, German and Polish. This casino is also licensed by Curacao eGaming Authority.
Our readers often contact us with questions regarding online casinos, welcome bonuses and payment providers. In this section, we will answer some of the most common questions asked about Interac. If you have any questions that are not answered in this section, feel free to contact us at [email protected].
Can I use Interac e-transfer to get 200 Free Spins?
If you have an Interac e-transfer account, you can use that function to claim the free spins from the online casino. Some casinos may offer as many as 200 Free Spins, unfortunately, none of the four Interac Casinos that we have recommended, offer that many bonus-spins.
What is the difference between Interac Online and Interac e-Transfer?
Interac Online is a function that allows users to make payments or deposits. Interac e-transfer allows you to send and receive money in real-time. Both of these can be used to access your bank account and from there make a deposit to your casino account.
I am not from Canada; can I have an Interac account?
Unfortunately, Interac and its functions (e-transfer/online/mobile) can only be used by Canadian users. All of the Interac casinos recommended in this payment provider review can be accessed by players from several different countries.
Remember that some countries have prohibited online gambling, people from these countries cannot create player accounts.
Do I need an Interac Bank Account to claim 200 free spins?
If you find an online casino that offers that bonus and they only offer Interac as a payment provider then you will need to have an Interac bank account to make the deposit. We have yet to find a casino of this kind.