Interac Most Popular Payment Method at Online Casinos Canada
Should you ask Canadians which is the most convenient and easiest payment method, nine out of ten will tell you that is Interact. The main reason why it is the leading payment supplier in Canada is that it enables fast and secure transactions for over 30 years. It is also amongst the payment methods with the lowest fraud rate around the globe.
Interact e-transfer services also includes Interac Flash, Interac Debit, Interac Cash and Interac mobile payments. The renowned payment solution enables Canadian cardholders to transfer money to over 2 million retailers.
In 2016, the number of Interac e-Transfers reached almost 160 million and these had a value of over $60 billion. Interac offers users a safe and secure way to send and receive money via mobile or online banking. Security measures include transaction and authentication encryption. Canada online casino members use the request money feature to ask for payments. The auto-deposit feature enables you to have the funds you request added automatically to your bank account.
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By 2018, the number of transactions via Interac increased 371 million, the amount processed increased to C$132 billion. 76% of transactions were via mobile devices and 80% of Canadians that use online banking registered with e-transfer.
This shows that not only online casino players are comfortable using this payment method. Interac has a fantastic reputation for being the fastest while offering excellent customer services.
Interac Flash offers Canadians the opportunity to pay merchants for purchases via a contactless debit card. It also is one of the most preferred payment methods on mobile devices that are NFC enabled.
Interac Advantages and Disadvantages
The advantages of Interac as one of the safest and most secure ways to transfer money, far outnumber the number of disadvantages.
Available for both Canada online casino deposits and withdrawals
- Removes the need to share financial & sensitive information with online casinos
- Convenience of using the most familiar banking system
- Supported by most major banks in Canada including Scotiabank
- Transaction processed within 30 minutes
- Affordable safe and fast way to transfer money
- Easy to use for both deposits & withdraws
- Mobile friendly payment solution
- Only available to Canadian bank account holders
- Lower online casino acceptance rate than ewallets and debit/credit cards
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Depositing & Withdrawing via Interac
When it comes to ease of use the first step is to make sure you join online casinos that use Interac. To find Interac e transfer casinos you need to look for the Interact e-Transfer logo in the cashier or banking section. Achieve this and you will never regret your decision to join one of the best online casinos with Interac.
Depositing at an Online Casino Canada via Interac
Depositing at an online casino Canada via Interac is much easier than you think. All you really have to do is log in to your mobile or online banking system. Select Interac by clicking on the Interac e-transfer logo. At this stage, you will need to enter the name of the recipient. If you’re depositing at an Interact casino, you will find the name in the instructions at the casino. You will now be asked to fill in the amount you want to deposit at the casino. Answer the security question and click on send.
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As soon as you press send, the casino is notified via email. The casino will need to be familiar with your security answer before they can process your deposit. The way online casinos handle this part of the transfer varies. Some online casinos in Canada will ask you in advance for the answer. Many online casinos will prompt players to use the answer they’ve chosen. Regardless of how the Canadian casino online handles this part. You can rest assure that the casino site will give you all the necessary requirements and explanations.
Withdrawing at Online Casinos via Interac
The way in which you withdraw from online casinos via Interac is similar to the depositing procedure. What is different is that now you will be the one that receives payment notification. You will need the answer chosen by the online casino and once you enter the answer the payment gets processed by Interac.
The notification by Interac e-Transfer includes the name of the sender and the amount transferred. It also includes a link, by clicking the link you can choose the bank you wish to send the payment to. You’d need to log in to your online banking or mobile banking to deposit the amount into the account you selected.
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Interac Timeframes & Fees
Most Canadians choose banking methods based on the time it takes to get their online casino withdraws and the cost. One of the main reasons why Interac e-Transfer is so popular is the fact that transactions are processed within 30 minutes.
Banks and financial institutions charges transaction fees for sending and receiving funds. The charge per transaction hugely differs and is amount-depending, you will need to check with the bank you chose on the costs.
You might have a few questions if it is your first time using Interac. The website offers an online FAQ, should it not offer answers to your questions. You can use several other communication methods to contact support. These include sending the customer support form after you complete it on the website. Support contact is also available via email or on telephone via a toll-free number. The Interac website is available in both French and English.
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Interac Top iGaming Payment System for Real Money Casino Sites
The fastest way for Canadian players to make safe and convenient internet transfer is Interac e-Transfer. The hugely popular payment provider is supported by most of the major Canadian banks. The list of banks accepting Interac includes Bank of Montreal, Scotiabank, TD Canada Trust, RBC Royal Bank and the Canadian Imperial Bank of Commerce.
What makes interact the top igaming payment tool available to players from Canada is its high security. It prevents players from sharing their financial details with online casinos and major online casino brands that accept Interac payments.
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Characteristics Top Interac Casinos Have in Common
To best way to find out what top Interac casinos have in common. Makes it is necessary to first look at the characteristics that are most meaningful to players from Canada. As online players realise the importance of playing at regulated and licensed online casinos their list of most wanted casino traits changed. While bonuses were at the top of the list, it had to move down to make space for the more important requirement. The list according to a few real money online casino surveys place these characteristics at the top of player needs.
- Cybersecurity, Safety and Fair Gaming
- User-friendly Streamlined Online & Mobile Interface
- Reliable Online banking methods
- High-Quality Games Variety
- Value of Bonuses
- Member Support
More and more casino online Canada players appreciate the fact that licensing authorities have the players best interest at heart. Most players from Canada would not dream of joining an online casino that is not regulated and licensed. The information available from sites such as BestCanadianSlots ensures that players make decisions based on facts. Canadian players also know that the best casinos are regulated by one of the most reputable licensing commissions. Once you join such, all the other characteristics part of the best online casino is basically already in place.
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Cybersecurity, Safety and Fair Gaming
Cybersecurity protects internet-connected systems such as software, data and hardware from cyber threats. It is a security or practice used by online casinos to protect players data from unauthorised access. Licensed online casinos use the same SSL encryption as banks and financial institutions to ensure the privacy and safety of the member.
Regulated online casinos with Interac partners with award-winning software providers to ensure fair gaming. Although, all games are tested thoroughly before released to players. All software at the most trustworthy casinos is regularly tested. When an online casino is certified as RNG and fair, it allows players to focus on the fun part of casino gaming. When all is said and done, online casino entertainment is all about having fun. But how can online players have fun if they’re not 100% certain that their personal details are safe?
User-friendly Streamlined Online & Mobile Interface
The requirement that appears third on the list of characteristics players find most meaningful might come as a surprise. Although, it is in its rightful place when it comes to a great online casino experience.
The casino layout or interface is most important getting access to everything available to online and mobile casino players. The less cluttered and more simplistic the lobby is, the easier it is to access games, banking or bonuses quickly.
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User-Friendly Slots Categories
Canada online casino slot players prefer an assortment of different categories or sections. Most want instant access to newly released slots, classic three-reels slots and bonus enthused video slots. One of the sections favoured by almost all players in the section allowing individual players to store their favourite games.
Filtering options that enable slot fans to search games via software provider are one of the most wanted characteristics. Most online slot devotees enjoy games by specific game developers and want to access their titles instantly. It is frustrating to have to scroll through hundreds of slots to find games by developers such as Microgaming, Playtech or NetEnt.
In terms of filtering options, a huge number of players find games characterised according to theme and bonus features extremely helpful. The massive range of exciting slot themes allows players to escape to the jungle or board a pirate ship. Sometimes players want a wild animal adventure and at times they wish to relax on a deserted island.
Bonus feature filtering offers Canadian players instant access to the best Megaways slots. Online slots featuring wilds, such as multiplying wilds, random wilds or walking wilds. Slot machines that offer both ways pays or multipliers and bonus rounds. The most searched for in terms of bonus features are games offering free spins.
Both desktop and mobile casino players from Canada agree that progressive slots belong in a section of their own. It makes it easy to quickly view the amount the progressive jackpot reached by simply selecting the jackpots section.
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Member-Friendly Table/Card Game Sections
Top Canadian casino online table and card game sections arrange game types together. Players can find an array of roulette variants in the casino roulette section. While new and classic variants of blackjack are found in the blackjack section. The same goes for poker, video poker and baccarat.
Table game devotees also support filtering options that allow games to be shown according to game developers. Canadians favour sites that clearly display the table limits before a player even enters the game. Everyone agrees that table games mixed into the same section as live casino games is a big no-no. It prevents players from accessing the game they wish to play instantly. Uncategorized games are seen as a big waste of time as players spend more time on finding the game than enjoying play.
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A separate live casino section allows players to grab a seat at live blackjack, live roulette, live poker or live baccarat tables. If you have to page through rows of casino games before you reach the live casino game, you want to play. You start off the game slightly irritable, which might be the main cause of not enjoying you’re playing session. Online casino layouts and filtering options are way more important than most people think. If you can easily find the game, you want or sit at a table within seconds of logging in. You are more likely to remember it as a great experience and return more often.
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Reliable Online Banking & Payment Methods
Reliable online banking methods are another major deal-breaker when choosing the best online casino. Interac e Transfer casinos are preferential to players from Canada. It is one of the most trusted and very easy to use on desktop and mobile. Transactions get processed within 30 minutes, which also makes this a quick way to deposit and unlock great bonus offers.
Online casinos that use Interac also offers a broad range of other payment methods such as credit cards, debit cards and ewallets. Many top online casinos with Interac transfers also accept Bitcoin and other cryptocurrencies. The main focus is reliable banking methods that offer players instant deposits and fast withdraws.
High-Quality Games Variety
The best online casino Canada games library is stocked with high-quality games from premier software developers. Renowned game developers such as Playtech, Microgaming, NetEnt, Play’n Go and Yggdrasil Gaming only partners with licensed online casinos.
It is not the number of games that matters most but the quality. The most meaningful characteristic to players is games offering random results and fair play. This is also of most importance to top game developers.
At the finest real money Canada online casino, the game types include slots, table games and live casino games. All games are regularly subject to rigorous testing by independent testing agencies approved by licensing commissions.
This guarantees the player that he/she has a fair chance of winning. Even more so, should players from Canada hit a massive win, the casino would have the funds to pay out the withdraw. All casinos registered and licensed by reputable licensing authorities need to place players funds in a separate account. This is monitored by the authorities to ensure you will get your winnings.
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Value of Bonuses
Almost all online casinos offer great bonuses and promotions. The amounts hugely vary and so does the terms and conditions. Some offer massive bonus amounts, although these are often just too good to be true. The only way to find out the real value of bonuses is by reading the terms and conditions.
What determines the real value of a bonus is the wagering requirement. You need to check if the wagering is on the bonus amount only. Sometimes the wagering is on the amount you deposited and the bonus amount. If it is on both the deal is now as sweet as a bonus that only requires wagering on the bonus amount only.
The time in which you need to achieve the wagering is of most importance. If the time allowed is not sufficient you will not achieve the requirements. You simply won’t be able to cash out your winnings.
Always check if the bonus has a maximum withdrawal cap or amount. This shows the highest amount you can withdraw while using the bonus. For example, if you achieve winnings worth C$1,000 and the maximum withdrawal amount is C$100. You will only be able to withdraw up to C$100. BestCanadianSlots always recommends that you study the bonus terms and conditions thoroughly before accepting a bonus.
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A much-needed service at online casinos is 24/7 customer support. You might not consider this a must, but when you need it, you’d wish you gave it more consideration. With 24/7 support you can check details you are not sure about with support. If you wish to simply clarify bonus T&C, support is the best place to go. It is also really helpful if support is available in different languages which include your home lingo.
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