Interac enables fast and secure payments from bank accounts to casinos and other online sites. It is something of a household name in Canada, having been established in 1984. It is accepted by a host of websites, including a good range of casinos, and most Canadian banks and financial institutions offer Interac payment options.
As well as choosing a casino based on its compatibility with Interac payments, players also need to consider other factors to ensure they choose a casino that is best for them.
What Is Interac?
Interac is a Canadian payment system that allows fast payments from a bank account to online and other accounts. It has been in operation since 1984 and it is especially popular with online casinos. When players deposit with Interac, they do not need to submit their banking details to the casino website, and many people like this level of security.
Benefits Of Interac
Interac is a popular banking and deposit option. It is easy to use, negates the need to add banking details to online sites, and offers fast transaction times. The biggest benefits of Interac are:
Fast Deposits
Deposits made from bank accounts, using Interac, take up to 30 minutes to complete. This is faster than a lot of bank transfer options and other payment options, and it enables players to have funds in their betting accounts sooner.
No Need To Add Bank Details
Although reputable online casinos are secure, many players feel uncomfortable providing banking details to these and other websites. Interac payments are initiated through the bank’s website, which means that bettors never need to add their card or account details on the website. It adds an extra layer of security to give players peace of mind.
Pitfalls
While Interac is a popular payment option, it isn’t without some potential pitfalls that might put some players off.
There Are Fees
There are fees associated with sending Interac payments. These vary according to the bank’s terms but are typically no more than $1.50. For high rollers, this is a nominal fee for the extra security it offers, but for low rollers, these fees soon add up.
Canadian Only
Interac is a Canadian payment system, and it is only available to Canadian bank account holders. Players outside Canada will need to choose a different payment method.
What To Look For When Choosing An Interac Casino
As well as choosing a casino because it offers Interac payments, players need to ensure that a casino is suitable for them. Below are some of the most important factors to consider when choosing a real money online casino to play at.
1. Bonuses
Bonuses offer a great way to increase the funds you have to play with. Some bonuses offer free spins at slots or free entry into certain games. Deposit match bonuses match or even offer multiples of the amount deposited, so a 2x deposit match bonus will provide an additional $20 on a $10 deposit.
Some match bonuses are available to new players, typically called first deposit match bonuses, and others are available for existing players and may be referred to as reload bonuses. Bonuses, especially first deposit bonuses, are a great way to try games and see if you get on with the casino software.
2. Choice Of Games
Bonuses are a good way to attract players to a new Interac casino, but the choice and quality of games are what will keep them playing at the same casino. Players should look for casino websites that offer the types of games they like to play. Most casinos offer slots and traditional table games, but different sites have different variants. And while some casinos do include live poker games and tournaments, this isn’t true of them all.
3. Transaction Speed
The Interac payment system is known for its quick deposits, but deposit and withdrawal times are still dependent on the casino software. Check the casino’s terms and while ensuring they do offer Interac payments, see if there is a published guideline for how long transactions are expected to take.
4. Device Compatibility
Most online casinos run on browsers on PCs, Macs, and laptops. Some will also run on mobile browsers, although the experience can be somewhat diminished depending on the quality of your phone. The most recent flagship phones, with large screens, should be able to cope with most, if not all, casino games. But those with smaller screens and lesser specs can struggle. Fortunately, some casinos offer casino apps that are installed on the phone and that enable play, deposits, and account management directly through the app. If you want to play casino games on the go, choose a casino with a good mobile app.
5. Customer Support
Hopefully, you’ll never need it, but good customer support is invaluable if you have problems with deposits, withdrawals, or even individual bets and transactions. It is difficult to judge customer support by looking solely at the casino site because none will ever say they offer poor or minimal support.
Check the customer support contact methods and times, and search online for user reviews that can help you determine whether players receive adequate answers to their problems, quickly.
If you have any questions regarding your new account, you can always use customer support. Not only will your questions be answered, but you will get an idea of how responsive the site is.
6. Reputation
While you’re reading reviews of customer support, check the overall reputation of a site. Remember that users are more likely to leave reviews if they have bad experiences, which means you may not see many positive reviews, but if a casino site has tons of negative reviews from players who have endured bad experiences, it may be worth looking elsewhere.
Conclusion
Interac is a convenient, secure method of depositing funds into online casino accounts. While it is popular in Canada, it isn’t offered as a deposit option on all casino websites, so you will need to look for this specific feature. Once you find suitable casinos, you should also compare factors like the range of games and customer support levels to find the best site for your betting activities.
