Interac Casinos Online Australia | December 2024
An Interac casino accepts fund transfers from most Canadian banks through the increasingly popular Interac Online and e-Transfer systems.
All of the online casinos that accept e-Transfer and Interac Online offer a streamlined solution to your gaming funds transfer experience.
The payment method is safe, reliable, convenient and one of the easiest ways for Canadian gamblers to make deposits and withdrawals.
Interac is trusted and associated with hundreds of Canadian financial institutions, so you can rest assured that your online gambling transactions are safe.
It also protects your private information with encryption technology. Plus, it never shares sensitive data with third parties, which adds an additional level of security.
If you have a participating Canadian bank account, casino deposits and withdrawals are a breeze with this payment method. This is a perfect alternative to a debit card or credit card.
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Pros and Cons of Interac
Every payment method always has its pros and cons. We’ve gathered the most important ones for you below!
Pros of Interac
Online casinos offering this payment method give a level of convenience that increases player loyalty.
You can trust the service as it has the power of over 250 financial institutions behind it. If you want to find an real money casino with Interac, Australia is the place to be.
Still undecided? Check out some of the advantages of using this cutting-edge payment method below.
Convenience
- If your financial institution accepts the service, you’ll find the interface easy to use. After your accounts are connected, transferring funds is a seamless process. the First Nation’s Bank, and other credit unions and banks have privileged access to the services portal.
Safety
- The payment method company has over 30 years of experience and uses cutting-edge technology to protect your financial transactions and confidential information. It keeps you secure with authentication, encryption, secure login, and other safeguards.
Withdrawals
- With this payment service, you can connect your bank account directly to your gambling account via a protected portal. Plus, you’ll save money by circumventing conventional fee-based systems that can also take a lot of time.
Anti-fraud
- You never know what can happen with all those bad guys trying to steal your personal information. Identity theft and cybersecurity threats are a primary cause for concern in today’s digital age. However, you don’t have to worry if you’re using an Interac casino. Australian should be proud of the company because it has a Zero Liability Policy. If fraud is detected on your account, you’ll be reimbursed.
Speed of service
- You can expect real-time deposits and quick withdrawals with this payment method thanks to its seamless processes from start to finish. Forget about waiting 3-5 business days.
Cons of Interac
Deposit and withdrawal limits
- The service will usually have a $10,000 limit on daily deposits, but casinos also have their own thresholds. Additionally, your financial institution may have daily, weekly, and monthly deposit and withdrawal limits.
- Of course, people outside of Australia are missing out because they can’t access this popular payment method. The company only operates with Canadian financial institutions. However, not all banks have partnered with Interac, so it’s best to make sure yours does beforehand.
How to Use Interac Online in Casinos
Intrac casinos make the process of depositing and withdrawing funds easy. There are only a few steps involved in depositing. This is possible at most of the biggest online casinos Australia
Step 1: Depositing
.After choosing the Interac payment method from your casino’s banking area, the portal takes you to a page where you’ll initiate your transaction. You’ll need to enter an amount and click on the “deposit“-button.
Step 2: Select your Financial Institution
You’ll be redirected to Interacs own portal from which you must choose your financial institution. Simply select yours from the list.
Step 3: Log in to Your Financial Institution
Next, you’ll be redirected to a secure gateway to conclude your transaction. First you have to select Interac Online as banking method (not all banks support Interac Online). Then using your bank credentials, you’ll need to log into your account and confirm details of the transfer. You can now start playing your favourite online slots/casino games or visit a live casino.
Transaction Fees and Withdrawal Times
Interac usually charges a flat fee of between $0.115 to $0.465 for deposits. This flat fee is however received by the online casinos.
Because the fee is so small, gambling sites won’t pass this bill on to you. With the average 96% RTP of their games they will make this back in time.
However, you may also incur costs from your financial institution or casino for withdrawing money. This can be a fixed fee or a percentage of the full sum.
We see this very rarely though and if this is case you will find this in our review of the casino!
How to Withdraw with Interac Online
Interac Online does not facilitate withdrawals at this time, but you can still use the e-Transfer method. You’ll find more details below.
How to Use e-Transfer in Casinos
If you decide to play at a new online casino or mobile casinos that accept e-Transfer, you can deposit using interac into your gambling account quickly. As such, you’ll have more time to play the games you enjoy without interruption.
Using e-Transfer is a little different than other methods of payment. Here you’ll find another easy step-by-step guide.
Step 1: Choose e-Transfer
First, go to the banking area of your casino and choose Interac. You will then be asked to enter the amount you want to deposit.
Step 2: Select your bank
Interac Casinos Australia – Select your bank
After choosing your deposit amount you will be redirected to the Interac portal. Here you need to select the bank you want to use.
After selecting a bank you need to click on the e-Transfer button to continue to the next step.
Step 3: Recipient’s Name and Email
You’ll need to enter the recipient’s email and name. The transaction is assigned a tracking ID and you’ll also need to answer the security question.
Step 4: Your Banking Page
You’ll then be directed to your online account, to copy and paste the funds transfer details and finish the transaction.
Step 5: Press the Return to Merchant Button
When you’re ready to return to your casino, press the return to merchant button. Presto! Your banking session is over.
How to Withdraw with Interac e-Transfer
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Choose e-Transfer
After going to the cashier section at your online casino that accepts e-Transfer, select this payment method.
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Request Money
Enter the amount you wish to withdraw in the required field.
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Answer a Security Question
You’ll be prompted to answer a security question from your casino. This will be sent to you via an email that contains privileged information about the sender and the requested amount.
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Choose Your Financial Institution
Next, select your financial institution and log in. You’ll need to choose which account should receive the funds. Once you’ve confirmed the transaction, you’ll get your cash.
Transaction Fees and Withdrawal Times
Interac usually charges a flat fee of between $0.115 to $0.465 for deposits. This flat fee is however received by the online casinos.
Because the fee is so small, gambling sites won’t pass this bill on to you. With the average 96% RTP of their games they will make this back in time.
However, you may also incur costs from your financial institution or casino for withdrawing money. This can be a fixed fee or a percentage of the full sum.
We see this very rarely though and if this is case you will find this in our review of the casino!
Final Words
Interac is the most popular payment method in Australia. Being around since 1984, the company has built quite a reputation. More than 250 Canadian financial institutions support Interac.
Casino players from Australia, therefore, prefer using this banking method at Canadian-friendly online casinos.
Interac is famous for its two payment products, Interac Online and Interac e-Transfer. Whichever option you decide to use, you won’t have a problem finding Interac online casinos.
Interac is so popular because it’s reliable, safe, and has no fees. It’s one of the most convenient ways for Canadian gamers to deposit funds and withdraw winnings from online casinos.
To start using Interac services, you only need to have a bank account at one of participating banks.
Interac Online is a payment gateway that links your bank account to the casino without revealing sensitive data. You can make instant deposits directly from your bank account.
If you wish to fund your casino balance with Interac e-Transfer, you only need an email and mobile phone number. And the transfer is processed in real-time.
It means that you can immediately visit the casino lobby and start playing games. Interac e-Transfer allows you to quickly withdraw winnings without additional fees. Say goodbye to 3-7 (or even more) days of waiting on your funds to appear in your account.
And casino bonuses, are they part of this story? Most definitely, yes. Interac is a widespread payment method. So, online casinos are happy to delight Canadian players with various promotions.
Alongside welcome bonuses and free spins, you can look forward to cashback, reload bonuses, and enticing VIP programs.
If you’re not sure which offers to pick, check out our selection of Interac online casinos with the best Interac bonuses on this page.
However, Interac has a few disadvantages. It’s available only in Australia, and your bank may have daily, weekly, or monthly deposit and withdrawal limits. But, each casino has its limits too.
Also, keep in mind that Interac Online doesn’t support withdrawals. But, you can always turn to Interac e-Transfer to cash out the winnings.