Interac

Home » Banking » Interac

Interac Live Casinos

Interac

Interac is one of Canada’s leading payment processing systems. It covers several banking tools, including mobile and online banking and it is known to be safe, convenient and fast, all of which is extremely important to an avid online gambler. Interac live casinos benefit from a specific, localized interbank network that links financial institutions and associated enterprises for the purpose of conducting electronic financial transactions. Canada is the exclusive operating area for this payment provider which has been around for decades.

Interac users are able to finalize real money transactions between their bank accounts and live casino accounts without disclosing any sensitive information in the process; it is not necessary to log into one’s bank account to use these electronic facilities and that provides customers with a safer environment to move their funds around. Interac involves a number of services, namely Interac Cash, Interac Debit, Interac Flash, Interac e-Transfer, Interac Online, mobile payment solutions and international services geared towards Canadian cardholders in the USA and foreign cardholders in Canada.

Top Rated Interac Live Dealer casinos 2019 October 2019

Evolution Gaming

888 Live Casino

  • #1 Live Casino for VIP Players
  • Private rooms available with high limits
  • Best active live casino promos
  • UK
  • AU
  • EU
  • AS

£100

Deposit Bonus
18+. T&C's Apply
Play Now

Read Review

Authentic Gaming, Evolution Gaming, Ezugi, Vivo Gaming

BitStarz Live Casino

  • Accepts Bitcoin
  • Live Games from Muliple Providers
  • Many VIP Tables
  • EU
  • AS
  • CA

€500

Deposit Bonus
18+. T&C's Apply
Play Now

Read Review

About Interac

Interac-branded products and services originate from two companies, Interac Association and Acxsys Corporation. The first one was founded in 1984, and the second one came about in 1996; they were joined to form a single company in 2018 and became Interac Corp. People choose the leading Canadian payment brand to pay and exchange money roughly 16 million times a day; the enterprise is linked to over 59,000 ATM machines and over 450,000 merchant locations across the country where customers can put their banking accounts to good use.

In regards to online gambling, live casino players usually go for Interac e-Transfer or Interac Online, although the company’s mobile wallet is being exploited more and more by the day for the same purposes. Most clients find using the system in the virtual world to be simple and other than purchasing over the web they gladly use Interac to fund online casino accounts. If you’re not sure where to begin, get a glimpse of our list of live dealer casinos below.

How to Deposit & Withdraw Using Interac

Provided that your chosen casino lists Interac among its accepted banking methods, you can proceed to fund your gambling account by following a series of basic steps. The first one is, of course, creating your personal account with the selected casino. Next, go to the cashier and click when you see the Interac logo. The software will adapt to your instructions and redirect you to the banking systems website so that you can complete the transaction in the usual manner, through the help of your account ID (email or mobile number). Naturally, at some point the casino will ask you the most important question – how much money do you wish to deposit? Enter the sum, and verify the deposit. The money ought to be credited shortly.

Those looking to cash out can perform nearly the same procedure. Going to the cashier and following the instructions after selecting Interac are actions that are practically identical to the act of depositing. Some casinos may require an answer to a security question, but there’s no need to feels uneasy about it. The process is short and simple, and the only thing the players are required to think about is the size of the amount they want to withdraw. The Interac e-Transfer service includes two very handy features, the Request Money feature and the Autodeposit feature. Both facilitate the processes of requesting payments from a merchant and/or transferring funds to one’s bank account without the need to share financial information.

Fees & Timeframes

There may be a fee from your financial institution for using the Interac e-Transfer service. From the provider’s end, the services are free but it’s up to your original banking institutions to subject you to certain fees. It’s hard to predict how much a certain institution would charge you for making use of online transfers through Interac, but most frequently the fees are in the range of $1 to $1.5 per transfer. It’s best to check with your chosen bank beforehand. Again, depending on the bank, the transactions are processed in real time and can take up to 30 minutes to get credited.

Key Advantages of Live Dealer Gaming with Interac

The Interac payment processing solution has multiple strong points, from fast transactions to ease of access. Even though the market is limited, the system is used by a lot of live dealer casino players and all of them appreciate the safety measures instilled by the Canadian brand. The fees are nonexistent, and those introduced by banking entities are not as nearly as high as they can be when compared to some other payment options available on the major global markets. Interac live casinos are a fine option for Canadian players to enjoy their preferred live dealer games safely and in local currency.

  • Supports Canadian dollars
  • Extremely safe and allows the player to safeguard any sensitive banking information
  • Available with the most popular Canadian banks such as Scotiabank, BMO or RBC