Interac is one of the easiest and most convenient ways for Canadians who wish to deposit at online sportsbooks, or for that matter, make purchases online with other merchants. It is the perfect solution that allows for the quick processing of payments within minutes directly from your bank account to the casino or sportsbook of your choice.
While Canadians have other payment options for the funding of their accounts, many carry associated fees that over time, can add up to a substantial amount. However, as Interac is a non-profit company, any costs associated with the processing of payments are applied by your financial institution.
As a result, more Canadians are using Interac online today than ever before making it one of the most popular for internet gambling and e-commerce transactions. It is estimated that over 7.4 million Canadians transact more than 370 million transactions a year, and that number is expected to only increase in 2019.
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Recommended Canadian Interac Betting Sites
If you’re looking for the best Canadian Interac betting sites, you’ve come to the right place. We’ve scoured the internet to find the top-rated online sportsbooks that accept Interac payments from Canadian customers.
Here are our picks for the best Canadian Interac betting sites:
Canadian Online Sportsbooks that Accept Interac
When it comes to online gambling transactions, it is vitally important to select a banking method that is reputable and safe. Choosing the right one not only ensures your safety but more importantly, provides you privacy. In a world where privacy issues are front and centre, having Interac as a viable payment solution is valuable.
Interac, as a payment system, has been successful in transferring billions for over 30 years. Its success has seen, in recent years, many online sportsbooks and casinos electing to offer it as a viable deposit method as others such as Skrill and Neteller opted to exit the Canadian market. The added fact that is completely safe to use and is trusted only adds to its value for those Sportsbooks that feature it among their payment methods.
As a result, at betting.ca, we have undergone extensive research to determine which sportsbooks offering betting services to Canadians offer Interac. Our list includes many of the finest and most respected online betting sites and that means you can relax knowing that those we promote are not only safe but will allow you to fund your account using Interac quickly.
To begin using Interac, you will need to have a Canadian bank account that is set up for online banking. This is a painless experience that requires you only to register online with your financial institution. Then simply select one of our preferred Interac accepting online sportsbooks, register a new player account, and fund your account using Interac.
One advantage when you do is you will have the ability to claim a sportsbook welcome bonus that could be your ticket towards winning big. In addition to the welcome bonuses available, most sportsbooks will enhance this offer with other weekly promotions as well as exclusive promotions for specific events, meaning new promotional offers are always on the horizon.
Depositing money into your sportsbook account using Interac
To make a deposit using Interac, it is important that you first set up your online banking, and verify that the sportsbook will allow Interac transactions from your financial institution. Sending funds to online retailers is different from sending money to family or friends as it requires that your account is set up to do so.
The process is simple, and if unsure, contact your online banking representative, and they will guide you through the process. Once set up, and you have registered and verified your sportsbook account, you need only to visit the cashier section, enter the amount you wish to transact via Interac, set up a security question only you know the answer to, then answer that question when sent via email. Upon your financial institution receiving confirmation of this, the transfer will be completed. This process, while longer than traditional methods such as Paysafe will take approximately ten minutes.