Anyone playing in an online casino wants their transaction to be secure. Interac e-Transfer Interac Corp is a financial service provider with 30 years of experience in the market. The company has an established position and cooperates with many other payment service providers such as Scotiabank, Royal Bank of Canada, TD Canada Trust and many more.
Over 60 million transactions are processed daily. In total, this makes 6 billion per year. And of course a whole range of payments for online casinos. Here you can find a list of Interac Casinos.
The advantages are obvious. All payments are made via secure connections. Of course, payments can also be made in the same way. Not only does the company have a very good reputation, but it is also supported by 250 financial institutions. However, it is also important to know that there are no fees from Interac.
How Interac e-Transfer works
In Canada, Interac e-Transfer is often accepted as a payment method. Many international online casinos also accept this payment method. The requirements to send or request money are as follows:
- The user must have a cell phone number or an e-mail address
- The user must have a bank account with a Canadian bank.
Other personal bank details do not need to be provided here. The payment method is not only very secure, but also very fast. It is suitable for payments from your own bank account to other bank accounts, to merchants or online casinos.
How to deposit at an online casino with Interac e-Transfer
If you want to make a deposit at an online casino with Interac e-Transfer, you must first choose from the list of available payment methods. To do so, follow the instructions on the screen. Then select the account from which you want to make the transfer. Now the amount is entered. The next step is to inform the recipient of the transaction. Within seconds the money will be credited to the casino player account.
How the Casino pays out with Interac e-Transfer
For the payout some online casinos also offer the Interac e-Transfer. Again, you select the payment method from the list of available options. If you have already used Interac e-Transfer when making a deposit in the casino, then you can also request the payout of the winnings. They will then be credited to your bank account accordingly.
How long the processing time for the payout takes depends on the casino. Here you must remember that the payout is first checked by the casino. If the online casino has accepted the payout, the money is also credited to your bank account within seconds.
Is the payment method suitable for everyone?
Whether this payment method is suitable for everyone depends on personal preferences. If you want to make a quick transfer without much effort, you should choose the Interac e-Transfer. However, only those who have a Canadian bank account can use this service. In addition, all transactions appear on the bank statements.
However, if you prefer that payments to online casinos are more discreet, you should perhaps better decide to use another service. The Neteller e-wallet, for example, would be suitable here.
Neteller: A service that sends credit in real time
Neteller is an e-wallet provider. Neteller is a large company traded on the London Stock Exchange. The head office is located on the Isle of Man. Under the Electronic Money Regulations 2011 (900015 FRN), Neteller is licensed by the FCA to issue electronic money and payment instruments.
Two-factor authentication (2FA) provides the necessary security and protects against unauthorized access. Every 30 seconds, two-factor authentication generates a random code. This code must be entered in addition to the name and password when logging in. The required code is sent to the cell phone and changes every 30 seconds. Even if someone knows the password, it is still not possible for them to access the account.
Registering with Neteller is very easy. Simply register for free and then enter your personal data. The account is already created and ready for use. Now all you need to do is deposit money into the account and then verify the account. The account can be used even before verification, but is then subject to a limit. Therefore it is a good idea to verify as soon as possible to increase the account limit.
Many online casinos offer a bonus. But here you should always look carefully whether the bonus conditions are linked to payment restrictions. In addition, the bonus terms and conditions also contain information on how to play the bonus money.
Overall, the welcome bonuses of course always offer a great opportunity to look around the online casino and try one or another game for free.