It’s a real shame for any Canadian online casino not to support this e-transfer banking method, meaning that only the best gambling websites have it on their platforms. For that reason, we did our best to hand-pick all those online casinos that use Interac, alongside recommending the most well-rounded and fascinating ones. Go to the casino Cashier section, select Interac e-Transfer, and specify your deposit amount. Select your bank. Use the information provided in the guideline (recipient name, recipient email, amount, message, and security answer) to complete the payment in your banking cabinet. Both Interac Online and Interac e-Transfer deposits are instant.

1. Interac E Transfer Scam
2. Interac E Transfer Canada
3. Interac E Transfer
4. Online Casino Interac E Transfer Card
5. Interac E Transfer Service

Interac is currently one of Canada’s fastest payment methods with no surprise bills (when comparing Mastercard or AMEX with Interac). While Interac Casinos are not quite as popular as Paysafecard one, at least you can make both deposits and withdrawals with Interac.

List of Casinos With Interac Similar Payment Systems

Reasons Why Canadians May Avoid Using Interact

More than 76% of Canadian residents use mobile and online banking with the number steadily rising. Canada’s online banks offer good pricing, top features while offering convenience that is leaving traditional banking behind. Secure and safe methods like Interac are used along with several other methods including e-wallets.

After 35 years of being a trusted Canadian payment method, it is strange seeing any Canadian without Interac and we look at why this could be.

Should there be a valid reason why Canadians are shying from Interac? It could be that they are not able to use it anywhere than in Canada but then you would find that methods like Instadebit are also Canadian-oriented.

Bank Cards

Leading online banks in Canada include Tangerine as superior overallinternet banking while EQ bank offers the best saving. When looking at the bestdigital interface Scotia online wins by far. While other top banks also contendthe best mobile banking is offered by TD Online and those looking for freeinternet e-transfers use Simplii Financial. Comparing Interac Versus cards likeAMEX, Visa or Mastercard you will find that it is the preferred option when livingin Canada.

Visa vs Interac

The zero free Scotiabank Visa card is an industry leader with various currencies accepted like AUD, EUR, GBP, DKK, SEK, CHF, EUR, CAD and USD. With a minimum $5 deposits and hassle-free withdrawals, it is a top payment method.

Master Card vs Interac

The BMO Air Miles Mastercard from Bank of Montreal is considered as Canada’s top MasterCard. With instant transfer times at a minimum deposit of $5, it is often declined when using at online casinos since banks frown upon gambling. Withdrawal also takes between 3 – 5 business days.

American Express Card vs Interac

AMEX has no present spending limit, accepting globally with 24/7customer service while users manage their account via mobile and online. Canadianresidents with Canada credit file are eligible when they want instant transferoptions.

Prepaid cards as alternative to Interac

Paysafecard vs Interac

Paysafecard is quick, easy and straightforward method to deposit funds to online casinos while keeping your identity and banking details safe. It is popular for casino payments with the only downside that you cannot withdraw with prepaid cards. With the thousands of places to get a Paysafecard and the equally high number of accepting partners, PaySafe card will always remain a top safe and low-cost choice especially as there are no additional and hidden fees.

Flexepin vs Interac

Flexepin can be used throughout Canada as payment voucher thatworks on the principle of Paysafecard. While you can only make deposits, it is zerofee method in depositing funds instantly. You cannot compare Flexepin Versus Interact, as youwould be using Interac, MasterCard or Visa to facilitate the transfer of fundsfrom your bank account unless you make a cash deposit.

E-Wallets compared to Interac e-transfer

Neteller vs Interac

Neteller is a leader in the online banking arena available in 15 languagesexcellent customer support and accepted in more than 200 countries. It is morepopular than most payment systems with super-low fees and instant payment and maximum24 hours processing period when withdrawing to it.

Idebit vs Interac

iDebit is only accepted by top Canadian banks and work on the same principle as Instadebit with the difference that you pay a withdrawal fee. Idebit is also similar to Interac and both have international usage limitations.

Instadebit vs Interac

Instadebit is unlike an e-wallet as it is an intermediary between a paymentportal and the bank. It allows you to move money to a platform withoutdisclosing your banking details. As Canada- oriented facilitator you can makeboth deposits and withdrawal without feed. The downside is that you will haveto wait for 3- 5 days for transfers and payments to appear into an account. Whenlooking at alternatives toInterac e transfer, it would be easy to place Interact versus Instadebit with comparisonsthat neither discloses your banking details when using it to fund a casino.Instadebit is still faster though as funds take under 24 hours for withdrawal whiledeposits are only 10 minutes.

eCheck vs Interac

eCheck is fast to deposit, but withdrawal can take up to 8 days or longer.Unlike EFT, an eCheck goes from a payer account to an ACH network. From thereit goes to the intended bank and thereafter to the bank account of a payee. Theclearing process must also be considered which takes up to 2 days.

Skrill vs Interac

Skrill offers one of the lowest transaction’s fees at only 1% whiledeposits for example to an online casino is free and withdrawals to have nofees. It offers excellent customer support.

Entropay vs Interac

Entropay is another great payment method in Canada especially when you donot have Visa or struggle to get a Visa card. It is a virtual prepaid Visa cardthat gives you great control over your spending. You can only spend what youhave on the card and you can withdraw to it as well.

Paypal vs Interac

PayPal is a payment method that most platforms online accept as one ofthe easiest and safest deposit methods. While it has instant deposits,withdrawals take up to 48 hours. It would not be easy to use PayPal as Interac alternatives asPayPal like Interac has limited exposure but while Interac is focused onCanada, you will find PayPal more widespread.

Conclusion

Speeding up of online Casino transactions is always in demand with everyone looking at ways to pay lower fees while getting money faster. In particular when it comes to internet banking and money moved around in online gambling. Canadians want robust methods with cutting edge security protocols while having funds accessible. While Visa and MasterCard have remained firm favourites in Canadian banking e-wallet use have seen tremendous development and preference especially in online gambling transactions. Online gambler prefers to keep banking details away from potential dangers and also limit the amount they spend. With a method like Interac, their control is bigger while they know their banking details are never at risk.

FAQ

Can you use Interac on anydevice?

All smartphones including android, iPhone, iPad, Mac or PC accept Interac payments. It is a recommended payment method via mobile. You can pay with Interac in Mobile Casinos.

How does Interac Work?

Interac E Transfer Scam

While every bank is different it is similar throughout.You decide how much money you want to deposit or send to someone, type in the emailaddress of a recipient and a security question. As soon as you send the amount,it leaves your account and a recipient will receive the money after insertingthe password.

Do I pay a fee to make a depositand a withdrawal to and from my Interac account?

Making a deposit is instant and you pay nofees. If for example, you transfer funds to an online casino, the funds willappear instantly. Your bank will not charge you any fee when withdrawing toyour Interac account but depending on the casino they might have a small feewhich they would probably cover.

Which banks in Canada allow oruse Interac?

Mostbanks do and this includes sending and receiving funds to and from casinos. Interacbanks include presidents Choice Financial, Tangerine, RBC, Scotiabank, Bank of Montrealas well as TD Canada Trust.

When comparing Interac vs bankwires or PayPal, which would be the fastest to send and receive funds?

Interacis much faster than both PayPal and bank wire. It will take you under tenminutes to have funds cleared while the other two takes minimum of 2 days andlonger.

What are Interac fees like?

Whenyou want to send money, it would depend on the originating bank as some banksallow a fixed number of transfers. Other banks that have a specific number oftransfers per month will charge you a flat rate regardless of the amount thatyou send or receive. Whether you transfer $10 or $10, 000 you will pay the sameamount which is only $1. You cannot send less than $10 which is the Interacguideline but if you decide to play at an online casino, you will have to seewhat their minimum deposits are.

What is the difference betweenInterac e-transfer and Interac?

Thereis a big difference between Interac Online and Interac e-transfer. Interac e-transferworks in direct connection with a user’ banking page online. The user sends an emailtransfer directly from the bank account to the recipient. You will find thatInteract e-transfer is available at Canadian banks.

InteracOnline is also linked to your bank account, however, say for example you wantto send money to a casino, the connection via the casino and Interac will bevia a third-party browser window. It can be via any institution like FirstNations Bank, TD Canada Trust, RBC Royal Bank of Canada or any one of dozens ofcredit unions. A top third-party processor that links with Interac Online isGigidat Inc. this is 100% safe and secure and you know that nobody has anyaccess to your banking details.

Page updated on: 20.03.2020

Interac Corp is formed of the Canadian fintech companies Interac Association and Acxsys Corporation. The company has a long-standing history, now spanning over 30 years in the financial market of Canada, which means they have an established position as a payment processor in the country. They have agreements with many payment processors, banks, merchants, credit unions and caisses populaires, including Scotiabank, RBC Royal Bank of Canada, TD Canada Trust, CIBC, HSBC, BMO, Tangerine Bank, Bank of Montréal and ATB Financial.

The company processes over 60 million transactions every day, 6 billion a year and is widely used and available. The offer many different payment services, including Interac Online and Interac e-Transfer ↱, which both can be used to make payments to and from online casinos.

Advantages

• payments are processed through secured connections
• Casino withdrawal is also possible
• a good reputation and availability, and support from over 250 financial institutions
• no fees from Interac

Disadvantages

• only users with a Canadian bank account can use the service
• fees may apply from casinos

All Interac e-Transfer Casinos:

Interac E Transfer Canada

This page offers you an overview of the online casinos that offer Interac e-Transfer from payments to and from the casino player account. Each casino operator carries a valid licence and has a good reputation with players. You can find more information about the casinos in each of the detailed reviews providing information about the payments, bonuses, terms and games available at the casino.

Interac E Transfer

Showing casinos for players from Germany

♠ Bonuses have low wagering requirements and good terms ♠ interesting loyalty and VIP program ♠ Games on Desktop: 1000 | Mobile: 900 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit
100% bis zu €200 + 100 Freispiele
♠ Bonuses with low wagering requirements ♠ many loyalty rewards ♠ Games on Desktop: 1000 | Mobile: 900 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
€5 gratis für alle Spieler, die ihr Spielerkonto verifizieren, 100% bis zu €500 + 200 Freispiele
♠ responsive website for mobile casino ♠ payments are processed fast and reliable ♠ bonus terms and wagering are fair ♠ Games on Desktop: 1300 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
(T&Cs apply)€1500 Bonus über 4 Einzahlungen + 300 Freispiele 1. Einzahlung: 100% bis zu €300 und 300 Freispiele, 2. Einzahlung: 50% bis zu €400, 3. Einzahlung: 25% bis zu €400, 4. Einzahlung: 25% bis zu €400
♠ Withdrawals are processed within 24 hours ♠ Bonus wagering requirements are fair ♠ huge game selection ♠ Games on Desktop: 1300 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
(T&Cs apply)bis zu €1.500 Bonus + 200 Freispiele über 4 Einzahlungen 1. Einzahlung: 100% bis zu €300 und 200 Freispiele, 2. Einzahlung: 50% bis zu €400, 3. Einzahlung: 25% bis zu €400, 4. Einzahlung: 25% bis zu €400
♠ mobile optimised casino ♠ fair bonus wagering requirements and terms ♠ Games on Desktop: 700 | Mobile: 500 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino, Sportsbook	Visit Review
100% bis zu €200 + 100 Freispiele
♠ Live Casino bonuses available ♠ Promotions have good conditions ♠ a large game selection ♠ Games on Desktop: 1300 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
(T&Cs apply)€1000 Bonus über 4 Einzahlungen + 50 Freispiele 1. Einzahlung: 100% bis zu €200 und 50 Freispiele, 2. Einzahlung: 50% bis zu €200, 3. Einzahlung: 25% bis zu €300, 4. Einzahlung: 25% bis zu €300
♠ Withdrawals are processed very fast ♠ interesting bonuses with fair terms ♠ huge selection of games ♠ Games on Desktop: 3200 | Mobile: 2800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit
Bis zu €500 über 4 Einzahlungen und bis zu 225 Freispiele 1. Einzahlung: 125% bis zu €125 + 180 Freispiele, 2. Einzahlung: 50% bis zu €125, 3. Einzahlung: 50% bis zu €125, 4. Einzahlung: 100% bis zu €125 + 45 Freispiele
♠ fair bonus and wagering conditions ♠ interesting game selection ♠ Games on Desktop: 1300 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit
(T&Cs apply)bis zu €1.000 über 4 Einzahlngen. 1. Einzahlung: 100% bis zu €100 + 150 Freispiele
♠ fair bonus and wagering conditions ♠ interesting and varied game selection ♠ Games on Desktop: 1300 | Mobile: 1000 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit
(T&Cs apply)bis zu €1000 über 4 Einzahlungen, 1. Einzahlung: 100% bis zu €200 + 100 Freispiele
♠ 24/7 Support ♠ Weekly Reel Races and other promotions ♠ Mobile casino app ♠ Games on Desktop: 2000 | Mobile: 1500 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
(T&Cs apply)20 Freispiele nach der Registrierung, 1. Einzahlung: 100% bis zu €500 + 100 Freispele
♠ Withdrawals are carried out within 24 hours ♠ Promotions for casino and live casino ♠ large and varied game selection ♠ Games on Desktop: 1300 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
(T&Cs apply)bis zu €1.500 + 300 Freispiele, 1. Einzahlung: 100% bis zu €300
♠ plenty casino bonuses and promotions ♠ 24/7 support ♠ varied game selection from many developers ♠ Games on Desktop: 2800 | Mobile: 2000 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Slots, Live Casino, Table Games, Jackpots	Visit
100% bis zu €100 + 100 Freispiele (Bonuscode EU100)
♠ Fast withdrawals within 24 hours ♠ Promotions for casino slots and live casino ♠ game selection is diverse ♠ Games on Desktop: 1300 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit Review
€1000 Bonus über 4 Einzahlungen + 200 Freispiele 1. Einzahlung: 100% bis zu €200 und 200 Freispiele, 2. Einzahlung: 50% bis zu €200, 3. Einzahlung: 25% bis zu €300, 4. Einzahlung: 25% bis zu €300
♠ huge game selection ♠ fast payments ♠ Games on Desktop: 3000 | Mobile: 2500 ♠ EUR accepted: ✓ ♠ German Website: ✓ ♠ Casino, Live Casino	Visit
(T&Cs apply)100% bis zu €500
♠ many promotions for casino and sportsbook ♠ Telephone support is also available ♠ large game selection from many developers ♠ Games on Desktop: 1200 | Mobile: 800 ♠ EUR accepted: ✓ ♠ German Website: ✗ ♠ Casino, Live Casino, Sports Betting	Visit
100% bis zu €200

How does Interac e-Transfer work?

Interac e-Transfer is widely accepted as a payment method in Canada, and many online casinos accept it also has a payment method. You can send and request money to anyone with a mobile phone number or an e-mail address, as well as a bank account with a Canadian bank. It is not necessary to share any other personal banking information with the receiving or sending party. It is essentially a payment method that allows to make fast secure payments from your bank account to other bank accounts, merchants or online casinos.

Casino deposit with Interac e-Transfer

To make a deposit at an online casino with Interac e-Transfer, your first need to select it from the list of available payment methods and follow the steps on screen. Select the account you wish to make the transfer from and select the amount. The recipient will be notified of the transaction, and the money will be credited to your player account within moments.

Casino withdrawal with Interac e-Transfer

Participating online casinos will also offer Interac e-Transfer is a means to withdraw funds from the casino player account. Select the payment method from the list of available payments, which will be made available if you've previously used it to make the deposit at the casino as well. You can then request your winnings from the casino, and they will be transferred to your bank account once the withdrawal has been accepted and processed by the casino. The processing time for the withdrawal depends on the casino, keep in mind that the withdrawal is subject to previous checks of the casino. Once the withdrawal has been accepted by the casino, the money will be credited to your bank account within moments.

You can also request money with Interac e-Transfer by logging in to your mobile banking or online banking and navigating to the tab to request money. You can either select an existing contact or fill in the fields for e-mail address or a mobile phone number. Select the amount that you request, and a message if you wish to, and send off the request. Once accepted by the recipient, the funds will be deposited into your bank account immediately.

Conclusion

The payment method Interac e-Transfer is good for users who wish to make a fast bank transfer without much fuss. However, the drawback is that the service is only available to users with a Canadian bank account, and that transactions will appear on your bank statements. If you wish to make more discreet payments to online casinos, we recommend using a different service, such as the Neteller e-wallet. The payment method is gaining popularity with players and online casinos, and more casinos are adding it as an available payment method, which makes it very accessible and convenient.

FAQ

♦ Which currencies are supported with Interac e-Transfer accounts?

Payments with Interac e-Transfer can be made with Canadian Dollar and US Dollar. If you're making a transfer in a different currency, conversion fees will apply, depending on where you are transferring to.

♦ What are the fees for Interac e-Transfer?

Interac e-Transfer is generally free for users and casinos usually carry the fees for using the service. The company itself doesn't charge fees. However, some merchants are operators may charge their own fee to use the service, so take a look at the payment policies before depositing.

♦ How long does it take to send or receive money with Interac e-Transfer?

Payments made with Interac e-Transfer are instant. You can use it for the withdrawal if you've also used it for the deposit, but keep in mind that each casino will apply a processing time, during which they will check the withdrawal. Once the casino approved the payment you'll have it within moments.

♦ Can I use Interac e-Transfer in online or mobile casinos?

There are many mobile casinos with Interac e-Transfer, and many of them also accept Canadian Dollars as an account currency. You can find the best Interac e-Transfer casinos and tons of information about them in our reviews at CasinoDaemon.com.

♦ What are the minimum and maximum transfer amounts with Interac e-Transfer in casinos?

Interac e-Transfer allows you to make relatively high transactions, starting from C$10 or C$20 in most casinos, up to C$2500, depending on casino policy and your available funds. Similarly, for a withdrawal with Interac e-Transfer you'll have to take a look at the casino's payment policies for withdrawals to find out the minimum withdrawal amount, but this also often starts from C$10 or C$20.

Some casinos apply maximum withdrawal limitations, which can include daily, weekly or monthly limits. You can find the withdrawal limits in our casino reviews or in the terms and conditions of the casino.

♦ Where is Interac e-Transfer based and/or licensed?

Online Casino Interac E Transfer Card

Interac e-Transfer is a product from Interac Corp, a company that has been around for over 30 years and is a cooperation of Interac Association and Acxsys Corporation. The company is headquartered in Toronto, Canada.

♦ Can I get a casino bonus with Interac e-Transfer?

Interac E Transfer Service

Players from Canada are often offered casino bonuses in online casinos. These welcome bonuses and promotions can also usually be claimed with Interac e-Transfer payments. To be on the safe side, take a look at the bonus T&Cs to find out if there are any payment restrictions. The bonus terms will also give you information about how you can play the bonus money, and it's important to read them.

♦ Is Interac e-Transfer a safe payment method?

Payments made with Interac e-Transfer a very safe, as firstly they are secured through encrypted connections, and secondly because you don't need to share any personal or banking information with the merchant or casino where you are making the payment to, or when you receive a payment. The company has a long-standing track record of over 30 years of being in the business in Canada, which means that they can be trusted to carry out transactions in a safe and secure manner.