Depositing at Interac Casinos in 2017
Interac is a Canadian interbank network that connects banks across the country and makes the process of sending money from bank to bank easy, quick and safe. The Interac network was established back in 1984, but only in the last decade or so has it begun to grow and become popular nationwide.
In 2010, the Interac network had grown to 80 banks, and it was being used in close to 60,000 ATMs around the country. By 2017, it had extended its reach even further. Internet banking is where this feature has really come into its own though and since the dawn of the online banking age, its size, its wealth and its growth has expanded significantly. Although it is at its biggest in Canada, Interac can also be found elsewhere and it can also be used south of the border in the United States.
In this article, we’ll look at ways that you can use Interac to deposit at your chosen casino. We’ll also point you towards the best casinos that use Interac, while discussing the benefits of this popular service.
Depositing With Interac
To deposit through Interac you first need to log onto your bank account. All major Canadian banks are accepted, including TD Canada Trust and RBC, so you shouldn’t have an issue in that regard. If you can’t find the facility straight away, be sure to look around or consult the bank and ask them.
Quite frankly, if it is not available in your bank account then you should consider joining a different bank or making a complaint. It is easily integrated and comes as standard on many Canadian bank accounts. So if your bank don’t have it, they are lagging behind and need to catch up.
Once you choose a recipient, you need to select the amount that you want to deposit. Then you need to choose a security question and answer. Once this is sent, the recipient will get an email to notify them. They then need to use the security answer in order to release the money, and you can provide this answer as you go through the standard deposit facility on your chosen online casino.
What are the Benefits of Interac Deposits?
This may sound like a long process, and in a world where everyone wants everything quickly, that can be very off-putting. But the truth is, it’s actually one of the quickest options available. The entire process takes less than ten minutes. There are no initial requirements that can increase the cost or the length either.
There are no fees either, which means it can be a more viable option than PayPal and other web wallets. The users who will benefit the most from this service are the ones who typically resign themselves to bank transfers and wire transfers, whether because they don’t have any other options at their disposal or because they prefer to cut out the middleman and deal directly with their bank accounts.
This is also beneficial on the flip side, when you’re receiving a withdrawal. Typically, you would have to wait up to a week for the money to clear. You’d also have to pay a substantial fee for the pleasure. If you opted for PayPal, you would lose a small percentage of your earnings. Being able to get it quickly and directly is enough of an incentive to attract the majority of Canadian online gamblers.
And of course, as with many modern payment transfer facilities, Interac is incredibly safe.
Interac Online Casinos
Not all online casinos accept this feature. It is only used in Canada. This means it’s only available on online casinos that have a particularly large Canadian member-base. Luckily, there are a few casinos out there that fit this bill. The Digimedia group is one of the biggest of these.
Their casinos, which include Royal Vegas and Platinum Play, offer a number of deposit and withdrawal options. These options include common web wallets, credit cards and debit cards, but they also include country-specific options such as Interac.
These are not the only casinos that offer this feature, but they two of the biggest to offer it. However, one of the benefits of Interac is that it is completely safe. As a result, you can afford to try a few casinos that you would otherwise avoid. After all, no matter what happens, your details and even your money will always be safe.