Interac has been around since 1984, and most Canadians who gamble online will have heard of it. It lets people move money from their online bank account to online casinos without having to give anyone else their banking or financial information.
Interac is a lot like a debit card in that you can only send as much money as you have in your account. Because of this, the name of this payment method is often used in place of Interac Debit. Most people who want to use Interac casinos may even find that they already have an account that they can use with their online banking credentials.
Interac works a little differently than other e-wallets when you want to make a deposit at an online casino that accepts it. You have to use your online bank account in conjunction with the Cashier area of the online casino. Most of the time, the next steps will be something like this:
- In the Cashier section of a casino, you can choose that you want to make a deposit with Interac.
- Before you log into your online banking, write down their payment information.
- Enter the casino’s information and choose which account you want to transfer from.
- Choose how much money you want to use to play and start the transfer.
- Wait for your money and any bonus funds you’ve won to show up in your casino account.
