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Interac Online, broadly used in Canada for shopping at a variety of online stores, has become a convenient payment method at virtual casinos. This Canada-targeted service is quick, reliable and easy, and more and more players currently turn to it for online payments.
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In terms of online gambling, in the beginning Interac was a payment method hard to find at gaming websites. Mostly this was due to the fact that a lot of online operators are not based in the country, and the system had restrictions as to financial transactions with the foreign sellers. Now, however, with services being improved and interest from the community growing, more and more places to bet and win are integrating it.
How so…?
…because more and more gaming website enroll in doing gaming business with Canada.
Interac’s high speed, low fees, and security are in most cases better than those provided by e-wallets. Come to think about it, the only thing required to use it other than its availability at casino’s website is a personal online banking account. This one is easily set, and most customers have it anyway. Another important aspect of paying via this network is that a player needs to use a Participating Financial Institution – either of the banks partnering with Interac.
Those using this system for the first time to deposit need to simply follow the instructions provided by the cashier. These may differ slightly from one brand to another, yet the essence remains the same.
Currently, our database lists several reliable and well-recommended online operators that support Interac. Among such is Slots Million – a multi-software platform with over 2,000 games to choose from, as well as a unique VR section. There is also Casumo – a website with more than six years of experience and solid licensing. Take a look at the full list of brands included into this page to pick those that represent your interests in the best way.
Integrated into numerous merchants, it provides a bank account to seller direct connection. This allows individuals to avoid exposing personal and card information. Instead, once at a checkout, a customer is redirected to Interac web page, where he/she then:
The Interac national payment network has been around for more than three decades in Canada. Among its services is not only an online service, but also Interac Debit and e-Transfer. Currently, more than 200 banks in the country support this system, so it is a common and easy-to-find option when it comes to payments.
Interac Online
Bank Transfer
1984
449
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Interac Corp.
http://interac.ca/en/interac-online-consumer.html
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Royal Bank Plaza, North Tower 200 Bay Street, Suite 2400 P.O. Box 45, Toronto, ON M5J 2J1
Payments completed via this method are processed fast. Due to the fact that this system rapidly becomes one of the most commonly used by the Canadian players, the team of developers constantly improves and monitors the services, so it literally takes seconds from depositing to receiving money to accounts.
Fees may be applied by the participating financial institution, and these are set and regulated by the Interac Merchant Acquirer.
This is one of the downsides of the service because it is currently available only as a national payment system. It is however in the power of each separate merchant to integrate Interac into the cashier if it is officially engaged in doing business in Canada.
This is one of the safest methods available, protected by online and official bank protocols. It limits exposure of personal information. All clients are protected by the Customer Service Rules, under which funds can be returned to personal accounts by designated Financial Institutions in case a fraud was detected.
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