Loonio represents one of the newest Interac-based payment solutions in the Canadian market, and interac-casino.com/en-ca/ is part of the same system supporting casino transactions. Launched in 2022, Loonio focuses on providing an enhanced user experience with modern features. In this guide, we’ll study Interac eTransfers in depth, explain how to use them, and which casinos accept them. Please use the table of contents to skip ahead to the information you’re looking for.
Sometimes a small fee is attached to transactions although it’s usually much smaller than those applied by some of the major credit card companies. For online casinos, these tend to very be between 2.5% and 5% of the total sum, which is not a king’s ransom all things considered. But if you are concerned about extra charges, take the time to check the terms and conditions of any casino website before committing your funds.
To help achieve this, Payments Canada selected Interac to build and operate an RTR (Real-Time Rail) system in June 2023. The RTR system is designed to modernize the country’s payment infrastructure by enabling real-time clearing and settlement for payments. Wyzia and other services like Loonio and Gigadat leverage Interac’s infrastructure to link players to nearly 300 financial instructions countrywide. Online casinos that offer Interac as a payment option instantly build trust with Canadian players by showing a clear commitment to security and convenience.
It’s faster you will not have to enter your email and you will not have to log in to your bank account. This service is faster but it’s not accepted everywhere due to obvious security concerns. As mentioned earlier, there are two options when using Interac, Interac Online and Interac e-Transfer.
If you want to see how the top Interac casinos online in Canada take advantage of Interac’s popularity, you can learn more on this page. Making an Interac deposit unlocks one of the biggest attractions of casinos online – progressive jackpots. With prizes building up to millions of dollars, compare the top titles you can play at Interac casinos below. As you can see, an Interac casino is your best bet for safe, enjoyable gaming.
From slots to live dealer games, Caxino offers its players a diverse experience, without forgetting to welcome new customers. With a staggering game catalogue of over 6,000 titles available to Canadian players, Videoslots boasts one of the best Interac online casinos. OnlineGambling.ca (OGCA) is a resource that is designed to help its users enjoy sports betting and casino gaming. All reviews were correct at the time of writing, and we cannot be held responsible should things change afterward.
Interac has several security measures in place to protect users and their financial information. Additionally, there is fraud protection in place to protect users from fraudulent transactions. You can use it to transfer money to a friend so they can make a deposit. However, you will use Interac Online to make deposits instead of e-transfer.
Sure, it doesn’t compare to using cryptocurrencies, but you get instant deposits and fast withdrawals that take no more than 72 hours to process. It’s one of the most efficient payment methods around, with processing speeds falling in line with other e-wallet solutions. Originally launched in 1984, the Interac Association was a network of banks that joined to create an easier way to handle transactions.
Not only is this method convenient, but it benefits from all of the protections listed in the guide to this point. When used with appropriate vendors, it is a convenient and effective means of handling your payment needs. Deposits are usually instant, while withdrawals can take up to hours to process depending on the casino’s policies.
In this comprehensive piece, we’ll explore all aspects of using Interac for online gaming. We will review the different Interac options that are currently available in 2025. These include big names such as Gigadat, mid-level players like Payper, and more niche products like Loonio (you might have never heard of them). We’ll meticulously evaluate the speed and efficiency of each method, their pros and cons. The minimum and maximum deposit and withdrawal limits are dependent on the casino you’re using. Most online casinos tend to have a minimum deposit and withdrawal of CA$10 but the maximum could be anywhere between CA$2,000 and CA$50,000 depending on the site you use.
Select the amount and input the answer to a security question (if necessary). A central, encrypted server authorized by Interact system houses your data. Progressive slots like Mega Moolah are also very available at Royal Vegas, as the casino is mobile-compatible on both Android and iOS devices.
It offers 100% up to C$1600 deposit bonus 10 free shots to win C$1,000,000. Interac casinos are everywhere in Canada, and this is one of the best payment methods for Canadians. Please note that withdrawals may take longer than deposits as they must be processed due to rules and regulations such as wagering requirements, maximum withdrawals, etc. This can be found on your online casino site’s terms and conditions page. Since Interac casino payments occur externally on the Gigadat payment platform, you never need to provide your payment details directly to the casino.
Its most popular service is Interac e-Transfer, which lets you send and receive money directly from one bank account to another – making it ideal for online casinos. Select Interac from payment method options and link it to your online casino account. Then, select how much money to transfer, and complete the transaction. While Interac is a popular choice for Canadian players, it’s not the only casino payment method out there.
Emily, a dynamic blend of tech-savvy and casino enthusiast, hails from the snowy landscapes of Canada. With her innate grasp of cultural nuances, she ensures online casino guides resonate deeply with Canadians. Emily's spirited and engaging nature makes her a favourite among peers. PayDirect is particularly popular with international casino operators. They choose Interac solutions to cater to their Canadian player base without requiring extensive additional infrastructure. As Interac is a Candian-only service, it only supports payments made using Canadian dollars.
The site is licensed by the MGA and offers 24/7 customer support, although its bonuses have high wagering requirements. Shauli's love of casino began when he started going to a casino in Windsor, Canada after his 18th birthday. A few years later, several casinos opened in his hometown of Detroit, and he started going there. Lately, he's been playing and reviewing online casinos, because he likes the convenience of playing from home. In his free time, Shauli spends time with his wife and kids, watching movies and playing sports.
These online casinos may offer equally efficient payment options, such as Skrill. However, if you want an online casino that offers a payment solution built for Canadian dollar transactions, it’s worth using an Interac site such as Lemon Casino. The final site on our list of the best Interac online casinos is Ruby Fortune Casino. We do not want you to get the impression that because it’s last on the list it is a bad option. That is far from the case as Ruby Fortune Casino is filled with excellent games for players to enjoy. Royal Panda Casino is one of the best sites in the industry and provides lucky users with a multiplatform gaming experience that covers mobile, desktop and live casinos.
Banks can have some of the highest transaction fees for casino deposits and withdrawals. With the hybrid Interac e-wallet options, you can kiss goodbye to those exorbitant bank fees and enjoy more cost-effective transactions. Most require a hour pending period to review before processing the payment. However long that takes, you can expect your eCashout withdrawal time to be instant thereafter.