Interac Online – play Online Casinos with 3 Easy Steps
Deposit directly online from your bank account and play!
3 Steps to use Interac Online – it’s so easy!
There are many online Canadian casinos that use Interac Online as a payment method. Interac Online is so simple because it connects directly to your bank account – there is no intermediate mechanism. It is the most safe and secure, quickest, and easiest method to use for online payments for Canadians.
Because Interac Online leverages off Canada’s pre-existing financial services structure, it is Canada’s #1 payment method.
So let’s get started!
Best Interac Online Casinos
3 Easy Steps to use Interac Online
Follow these 3 Easy Steps to use Interac Online, and begin playing your favourite games!
Step 1. Select Financial Institution
The Online Casino will have a Cashier section, which lists all their deposit methods.
Select the Interac Online option with your deposit amount.
Click on Checkout and you will be led to a list of valid Financial Institutions for you to select one.
Step 2. Select your account
Login to your online banking and Select the account you wish to pay from.
We highly recommend choosing your savings account, because this normally has lower fees than a cheque account.
Step 3. Confirm
Confirm the amount, and wait a few minutes for your balance at the online casino to be topped up.
It cannot be any easier! Enjoy playing at Online Casinos with Interac Online.
Can’t find Financial Institution
But wait, I can’t find my Financial Institution for Step 1. Why?
In order for your Financial Institution to appear in the selection, they must be registered with Interac Online. Fortunately, the majority of Canadian banks have registered, but if you are unsure you can check by clicking on this listing.
If your bank is a registered Interac Online Financial Institution, then you can use your existing bank’s app or website to log in to make a deposit.
There is no need for you to create usernames, have additional passwords or intermediate accounts to use Interac Online. You can use it immediately through accessing your bank’s own Login and portal functionality.
Privacy and Security Controls
Is it safe and secure to use?
When using Interac Online to make a deposit at an online casino, none of your financial details are shared with the casino operator. Your funds are transferred in real time from your bank account directly to your online casino account.
Of course, some customer information is needed to be transferred between the Financial Institution and the Online Casino to perform a transaction. Be assured that only relevant customer information required to comply with the Canadian Code of Practice for Consumer Protection in Electronic Commerce is transferred.
Sounds great, but surely there are high fees?
Fees are normally zero for Interac Online users. This is because either the Financial Institution or Online Casino will incur the fee and not pass it onto the user.
BUT if they do pass the fees onto the user, they must disclose this to you.
Canadian Consumer Protection Laws require any fees imposed on a user to be clearly disclosed. It is a very transparent process. You will not be hit with any hidden fees.
Why you should use Interac Online
- Easy and Simple to use – The process of transferring monies is attached to your online banking process. So you don’t need to create a new online account or new passwords. Just use your normal online bank account and follow the normal online bank transfer process. It’s as easy and simple as that.
- Security and Privacy – you have confidence, because the process is using your pre-existing bank’s security and privacy framework. This framework is part of the Canadian banking system and is one of the best inter banking networks in the world. Knowing this, you can play with confidence.
- Tracking – because you are using funds direct from your bank account you can keep track easily of the funds going in and out. Simply check your online bank account transactions and balances and you can easily see how well you are playing.
- Widely available – Many online casinos accept Interac Online as a payment method. So rest assured, your favorite online casino will be able to accommodate using Interac Online. Interac Online is growing in popularity, and to meet this demand, any reputable online casino will be offering Interac Online as a payment method.
History of Interac Online
Interac Online is one of several digital transfer methods offered by the Interac Corporation. Back in 1984, Interac services were created through a non profit organisation through the support of five major Canadian banking financial institutions: RBC, CIBC, Scotiabank TD and Desjardins. The non profit organisation grew to include up to 80 members. As Interac grew, the original five contributing members established a for profit organisation in competition to Interac named Acxsys. After several unsuccessful attempts, the two organisation merged to form the Interac Corporation on 1 February 2018. Interac services are the most widely used by Canadians around the world.
Choose Interac Online to play at Online Casinos
When you use Interac Online to play at online casinos, you can be assured of using the most convenient, safest and low fee method.
Many Canadians are using Interac Online to play online. Enjoy!