Finding a feasible payment and withdrawal option for any Canadian casino online is one of the more difficult decisions to make. While playing at your favourite casino is easy, you have to be able to deposit your money quickly and withdraw your winnings without having to wait for weeks.
Say hello to Interac e-Transfer. It's amongst the most preferred online gaming deposit methods in Canada because it's fast, secure, and incredibly easy. In order to better understand this online payment method, well cover:
Interac Association, the company that provides this payment service, was incorporated in 1984 through a consortium of five large banks in Canada, namely CIBC, Scotiabank, Royal Bank, la Confédération des caisses populaires et d'économies Desjardins du Québec, and TD Bank. These banks wanted to form one unified national collective network that would allow locals to withdraw real cash from machines anywhere in Canada. This is when 5 more members joined the group and launched Interac Cash and Interac Debit.
Interac e-Transfer is a payment service that works with the secret question/answer method. Basically, you are going to send money to the recipient using nothing but their email address. While you do this, you are going to pose a simple question and in order for them to get the money credited to their account, the correct answer has to be provided. Another thing that you might want to know is that the option is attached to your bank account by default as all Canadian banks take advantage of it. This means that you don't have to go through the hassle of setting up new accounts and going through complex verification processes.
When it comes to the secret question and secret answer, you should know that different casinos operate in various ways. Some are going to tell you exactly what questions to ask while others require the answer shortly after you've sent the payment so that they can get the transfer credited. Interac e-Transfer is the preferred choice of many gamblers as it provides them with tons of convenience.
Interac e-Transfers are by far one of the most commonly used options for players to fund their casino online accounts with Canadian Dollars. They are incredibly safe and secure and you eliminate the middle man as well. You're more or less using the security provided by the entire Canadian banking system, so you can rest assured that your funds are not going to fall through the cracks at any point. Depositing and withdrawing real money with Interac e-Transfer is simple, as described in these steps.
Some banks even go as far as providing you with a number of tax-free e-Transfers every month. This means that regardless of whether you send C$10 or C$10,000, you will not be subjected to any fees or taxes. However, the majority of the casinos are going to charge a particularly small amount for using the method. You should also be aware that there is a minimum amount of C$10 that has to be transferred. In any case, every online Canadian casino is going to set its own minimal deposit requirements so it's not a constant. This can be checked on the casino's website. Besides this, you can take advantage of the following benefits through this transaction method.
Not all casinos are going to use this particular payment processing method. So finding the right one might be quite challenging and time-consuming. That's why we are here to provide you with a helping hand! We have handpicked online Canadian casinos that accept Interac e-Transfer and we have provided you with a list of only the most reputable and reliable ones. Every casino that's found its place on our list is worthy of your time.Explore top Interac online casinos now!
Interac e-Transfers are known for their speed as far as funding your casino bankroll is concerned. The transfer typically takes only minutes and players have access to their funds as soon as the deposit is complete. That's why this method is very common in the online casino community.