Interac

Interac logoInterac is a leading Canadian fintech company that allows users to transfer cash from one bank to another, deposit and withdraw from casinos, and pay for goods and services. The provider also has a debit card that allows members to spend on the go and withdraw cash from over 50,000 ATMs spread across the country. Users can also send some money to users around the world on the platform via its partnership with Western Union.

The financial service provider has been around for the last 35 years. Over time, it created most of the services introduced above and formed a subsidiary called Acxsys. However, it merged with the subsidiary in February of 2018. Today, most of the casinos across the country accept transactions via the provider. This Interac Canada review looks at the service and platforms that accept payments from the provider.

Recommended Roulette Casinos with the Interac

Mr Green Casino

Mr Green Casino Bonus

Mr Green is synonymous with green gaming and their characteristic green suited man. This Interac casino Canada has won the heart of players worldwide for its quality service and a wide selection of games from various online software providers. It has won the casino numerous awards, including Casino Operator of the Year at Annual Internet Gaming Awards from 2013 to 2019 and multiple EGR Nordics Awards as from 2016 to date. Canadian players have access to all the features and bonuses on the platform. They can also use the online payment provider to pay and receive cash from their casino accounts.

PartyCasino

PartyCasino bonus banner

PartyCasino has been around since 1997. This is long enough for a casino to figure out how to offer quality service. It is now one of the leading casino brands across Canada. Canadians can access over 700 titles from a blend of upcoming and reputable software developers. Roulette players enjoy various variants in both the table and live casino platforms. Interac Canada is one of the leading payment providers on the site with the casino allowing for deposits and withdrawals using the provider. Besides, players can use various regular promotions across multiple game categories.

LeoVegas Casino

Leo Vegas Casino Canada Bonus

LeoVegas has been named the King of Mobile Gaming for its sleek mobile casino that has an excellent user experience. It has also won various awards over the years, including the 2018 EGR Nordic Awards where it was named the Casino Operator of the Year. Despite being around for less than a decade, it has incredible offers for Canadian players that include regular and welcome bonuses, a wide variety of games from various software providers and friendly customer service. Players can use Interac Casino payment among various other service providers for transacting with their accounts.

Is Interac Canada A Safe Payment Method?

You should pick a payment provider that protects your personal and financial information from unauthorized access. This payment provider has put in place various tools to enhance account safety. First, it has a functional fraud detection unit that tracks payments and movement of cash to prevents crimes like money laundering and fraud. It also uses SSL encryption to ensure that hackers do not tap communications with the user’s device. In addition, it has a strict password policy to protect the account from unauthorized access right from the user’s device.

Is an Interac App for Canadian Players available?

If you are a regular user of the service provider, you need a way to access your account quickly so that you can complete payments on the go. Luckily, the provider has a mobile platform that is accessible via a mobile browser or an app. The Interac app is available on the iOS and Android platforms, while any device can access the browser-based site. Canadians can access all the services available on the main account on their devices. If you already have a desktop account, you just need to enter your Interac login details on the app and continue with your transactions.

interac fintech

Advantages of Interac

  • It is a convenient service for cash transfers
  • The service is easy to join, setup and use
  • There are various options where users can access and use the account in their account
  • There are low charges for various services

Disadvantages of Interac

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  • Apart from the international transfer, all other services are only available to Canadians
  • Some casinos have long processing times for payments by the provider
  • The method is not available in some reputable casinos

Interac FAQ

a. Where can I use Interac online?

You can use the payment platform for various transactions to your favorite Canadian casino, at a merchant outlet, or to send and receive cash from another user. You can also send money to other people around the world on the international e-transfer platform. Use the Interac contact number on the account if you face problems.

b. How long does a deposit take?

You expect to have the cash deposit reflecting in your account within a few minutes after making a deposit. Therefore, you should use your cash to wager as soon as you complete the transaction, as long as you have entered all the required information correctly.

c. Does Interac e-transfer work for Canadian players?

Canada is not one of the Interac restricted countries. Therefore, the e-transfer service works across the country. Canadians can sign up with their personal details and access all the platform features to deposit and withdraw winnings from partner casinos.

d. Can I deposit Canadian dollars to my Interac casino Canada account?

Yes. Canadian dollars are the base currency at the money transfer platform. The popular Interac deposit methods include mobile banking or online banking option. You just need to sign up into your bank account and make the transfer. If you do not have an account, you can still receive cash from any Canadian bank.

e. Does Interac allow deposits and withdrawals with online casinos?

Yes. Players can use the method for both deposits and withdrawals. Interac withdrawal time depends on the casino and may take one or two days. The limits are dependent on your bank and the casino. Read the terms and conditions for each before completing your withdrawal request.

f. What fees to expect when using Interac?

There are no Interac fees for casino deposits and withdrawals. However, your bank may charge for the transaction. If you use the service for other transactions, there is a flat fee based on the amount you are transacting. However, the fee is quite low.

e. Do all casinos in Canada accept the payment provider?

No. Some casinos do not accept payments from the provider. Check with your casino if the service is available.

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