The Interac payment system is the most popular payment method in Canada, and it is a payment system unique to the North American country. It serves as the country’s debit card system for processing payments using thousands of merchants across the country.
Interac also offers an e-wallet option, which helps the users with Canadian bank accounts transfer their money freely and securely. This type of payment service is what most Canadians employ when they wish to gamble at online casinos. In this sense, you can say that Interac casinos are the most popular type of online casinos across the country, as they are dedicated to providing this type of payment service to their clients.
The Interac service operates in Canada and the payments are always processed in Canadian Dollars (CAD). It wouldn’t be the most popular and convenient payment method if it doesn’t offer faster and safer ways to transfer money in the country.
How Does It Work?
Back in 1984, five of Canada’s top banks collaborated to establish a payment system that will offer easy, fast and secure transactions between their customer bank accounts. Just like that, Interac online network came into existence and it grew from a network of 5 banks to cover almost all the banks operating in Canada along with the inclusion of over 80 organizations.
The Interact e-Transfer service lets its users with Canadian bank accounts send money freely to anyone else with a Canadian bank account. All you need is the recipient’s email address, and the transaction is done as long as you log in to your bank account to send the money to that address. This same process can be used to deposit money from the best online casino in the United States account.
How To Deposit With Interac
All Interac Online payments have a minimum deposit of $10 and a maximum of $2,500. However, it’s different with Interac e-Transfer as the minimum deposit starts at $25 while the maximum stopped at $25,000. Interac is considered the safest and most convenient payment method in Canada and it features some of the most advanced online security technology to ensure your money and personal data are safe and secure away from third parties.
Deposit money into your online casino account through Interac by following the steps below:
- First, log in to your online casino account and navigate to the cashier section.
- In the “deposit” section, select Interac as the preferred deposit method and how much you intend to deposit.
- You should see a link that will direct you to the secure instant banking page. Confirm and complete the transaction there.
- That’s all, wait for your funds to arrive in your account. It should only take a few minutes to reflect.
How To Withdraw Using Interac
Withdrawing money from your online casino account is just as easy as depositing them with Interac as a payment method. You should carry out all the necessary verification needed by online casino nz dollars before a withdrawal can be allowed.
- Log into your casino account and navigate to the cashier page once more.
- Choose how much you wish to withdraw and pick Interac as your withdrawal method.
- Enter the details necessary.
- Confirm, once again, how much you wish to withdraw.
- Wait for the money to reflect in your account. That’s it.
Security & Safety
Being the most popular, Interac is arguably the safest online payment method known in Canada. With the use of natural banking procedures in the country, it boasts of one of the most advanced online security in the world. Its wide range of networks and collaboration with banking institutions in Canada ensures the safe passage of funds with its service.
If you’re having trouble sending or receiving payment through the service, Interac has its customer support. You can contact Interac through email, contact form, chat, or telephone. On the Interac site, you will find out that there is an email address dedicated to reporting phishing scams.