Interac Digital Payments

Interac is a trusted online payments provider. This safe, secure and reliable payment service for Canadians is used an estimated 16 million times daily for payments and transfers.

Most Recommended Casinos Accepting Interac

Interac Digital Payments are provided courtesy of Interac Corporation. This online payment method features prominently with Canadian online casino players. Among the many unique product offerings provided by Interac are the following:

  • Interac Cash – increased access to cash at ABMs in Canada
  • Interac Debit – the first Canadian debit card service for POS purchases
  • Interac Flash – allows POS sales using hand-held debit cards in Canada
  • Interac Online – online payments via bank accounts
  • Interac Solutions – multiple innovative online money transfer systems
  • Interac e-Transfer – bank to bank electronic money transfers
  • Interac Digital Payments – zero liability, ironclad security, rapid payment solutions, and acceptance at hundreds of thousands of merchants across Canada

Interac Association was founded in Canada in 1984. As a major cooperative venture among financial institutions, Interac was geared towards creating a single shared monetary network. By 1996, Acxsys Corporation was founded by leading financial institutions which created the Interac network. Among the many services offered via Acxsys include international services, mobile payments, Interac e-Transfer, and Interact Online.

Interac Association has been operating under a Consent Order issued by the Competition Tribunal since 1996. By 2013, the Consent Order was amended. The changes allow Acxsys Corporation and Interac Association to merge and operate as one entity. By 2018, the re-organization of the company was completed. The unification of both entities allows this Canadian online payment company to innovate more effectively, navigate legal obstacles and reduce complexities.

Interac is a trusted online payments provider. This safe, secure and reliable payment service for Canadians is used an estimated 16 million times daily for payments and transfers.

Interac Digital Payments are provided courtesy of Interac Corporation. This online payment method features prominently with Canadian online casino players.

Interac Association was founded in Canada in 1984. As a major cooperative venture among financial institutions, Interac was geared towards creating a single shared monetary network. By 1996, Acxsys Corporation was founded by leading financial institutions which created the Interac network. Among the many services offered via Acxsys include international services, mobile payments, Interac e-Transfer, and Interact Online.

Interac makes it easy for users to find ABMs (automatic bank machines) located throughout Canada. The service also facilitates quick and easy invites to new customers. As an Interac customer, you can effortlessly search for online merchants and make safe online payments.

How to Make a Deposit Using Interac

Making an online casino deposit via Interac entails a slightly different process to that you might be used to with other similar methods. Here’s a brief step-by-step explanation:

1. Log in to your account and select Interac in the cashier section.
2. Make a note of all the relevant information you’ll need to enter.
3. Log in to your online banking using your existing credentials.
4. Fill in the transfer details with the information provided in Step 2.
5. Complete the transaction and wait for your money to arrive to start playing.

How to Withdraw From a Casino Using Interac

When it’s time to cash out, you can use Interac to withdraw your winnings as well, which makes this method a very convenient one:

1. Visit the cashier and select Interact as your preferred withdrawal option.
2. Enter the amount you wish to withdraw.
3. Input the relevant banking information.
4. Confirm all the information is correct and imitate the withdrawal.

Safety & Security

Interac is a fully regulated and completely safe online payments’ facilitator. Thus, players have nothing to worry about when using this option when making their online casino transfers. Your money and your personal information remains fully protected at all time.

Interac Tools & Resources

Interac makes it easy for users to find ABMs (automatic bank machines) located throughout Canada. The service also facilitates quick and easy invites to new customers. As an Interac customer, you can effortlessly search for online merchants. The resource section provides plenty of useful links to important client protections and services. These include ‘Zero Liability’, ‘Fraud Prevention’ and the latest Interac Statistics.

In 2017, Interac processed a total of 5,784 million transactions. The total dollar value of those transactions in 2017 was $242 million, with 28.8 million active debit card holders. This is markedly higher than the 24.8 million active debit card holders in 2016, when $217 million worth of transactions were processed.

Canada currently boasts 38,892 debit terminals per million inhabitants. This places it slightly behind Australia (39,337), but well ahead of France (22,322), Switzerland (32,495) and the UK (32,858). Interac is working hard to expand the number of Debit terminals across Canada with its online payments processing services. Canada is still behind the US, Sweden, Netherlands, the UK and Australia when it comes to debit transactions. Interac works hard  to increase adoption and awareness through its digital payments solutions.

FAQ

Are there any fees involved with using Interac to pay at online casinos?

Like with other methods that connect players with their bank accounts, there could be a fee involved when using Interac to pay online. Sometimes the casino will cover these costs, but this may not always be the case.

Can Interac be used for withdrawals as well?

Yes, most Canadian casinos will also let you use this method to withdraw funds back to your bank account, which makes Interac a very convenient and user-friendly method.

Is my personal information safe with Interac?

Yes, of course. Interac is a large and fully regulated payments’ facilitator, which means they operate in accordance with all relevant laws and regulations in the country. Your personal information is safe and will never be shared with third parties.

Can I find many casinos that accept Interac as a deposit option?

Yes, there are many online casinos in Canada that accept this option. In fact, the number of casinos accepting Interac has been on the rise, so you’ll have no problem finding operators that will let you fund your account using Interac.

Interac Online Casinos



More Information

Would you like to learn more? Visit the following link for more details and information: interac.ca.

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