Interac is one of the easiest ways to manage your sports betting funds. Designed with the player’s security in mind, this payment method allows you to place your wagers at some of the best sportsbook in the entire industry without ever revealing any bank information you may find sensitive.
Today, we will introduce you to the most trusted Interac betting sites that have their customers trust, offer free deposits and withdrawals and help you manage your funds with a few clicks. You will never have to check twice if your funds have arrived in your bank account when you choose top-rated websites with proven reputation.
Take a look at these recommended sportsbooks that accept Interac deposits and offer a zero-hassle pay out process:
Top 3 Betting Sites that Accept Interac
- Honest, accessible welcome bonuses
- Generous range of banking options
- Fantastic treatment of CA players
- 1 Top 3 Betting Sites that Accept Interac
- 2 888sport
- 3 Betway Sports
- 4 Sports Interaction
- 5 What Is Interac?
- 6 Why Is Interac Popular?
- 7 Are There High Fees Associated with Interac?
- 8 How Long Do Interac Deposits Take?
- 9 Are Interac Withdrawals Quick?
- 10 Safety and Security at Interac
- 11 How to Use Interac Yourself?
- 12 Interac Bonuses and Promotions
What Is Interac?
Interac is a payment processor that has been in business for over 30 years. The company carries out as many as 16 million daily payments and exchanges of money and it is one of the leading international companies when it comes to financial transactions.
Through consistent innovation, this payment provider has become a viable and natural solution for sports fans looking to place a wager at offshore betting site, specifically thanks to Interac Online, the service that allows you to transfer money from your bank account to an online vendor.
Today, the best Interac betting sites all offer you a simple enough process to make your deposits and cash out your winnings, and this is precisely why the payment options is trusted and often chosen as a go-to solution.
Why Is Interac Popular?
Interac is popular because it has been operating for decades and has repeatedly proven its ability to deliver impeccable solutions. While some people have been reluctant to trust sportsbooks in the past, Interac betting sites have managed to win customers over. Websites that use Interac are usually recognized as trustworthy brands.
But what does the company specifically bring to the table? For starters, they have impeccable customer support, which will help you with any issue. Secondly, the data encryption is complete, meaning no sensible information is revealed to third-parties – including the sportsbooks themselves.
Generally, sportsbooks that support the payment option come with a better user interface and user experience, as is the case of Betway Sports and 888Sport. Another advantageous feature of these sportsbooks is that they usually hold multiple licenses from legal bodies around the world, including the Kahnawake Gaming Commission, UK Gambling Commission, Malta gaming Authority and others.
Last, but not least, users can tap into various bonuses and promotions, claim bonus codes, and generally enjoy a great variety of special offers and contests. Plus, there is a fantastic variety of sports betting markets.
Are There High Fees Associated with Interac?
Interac fees can range between $0.50 and $1, but you will usually be charged nothing to deposit money. Withdrawals could command a small fee. Normally, banks charge customers for incoming money.
These fees will vary based on the bank you use. While it could be handy to list all banks and their respective fees, there are just too many financial institutions that work with the payment processor. Instead, we recommend to check with your bank if and what fees would apply for an incoming deposit.
How Long Do Interac Deposits Take?
Interac deposits take only a few seconds up to a minute to complete. The payment method will charge your sports betting account instantly, allowing you to start betting in a matter of seconds, or a minute at the most. Furthermore, the company facilitates payments without compromising security. It’s good to know that withdrawals are still in a very initial stage. You can start depositing now at 888sport using Interac.
Are Interac Withdrawals Quick?
While Interac Online is the preferred options for deposits, you will need to use Interac e-Transfer to cash out your money from sportsbooks. The choice of sites offering such withdrawals may be limited, but since February 2019, there have been one or two that do. Sports Interaction offers withdrawals of up to $10,000.
e-Transfers will take up to 30 minutes, which is the equivalent of light-of-speed in the sports betting world. One area where the company can improve on is to help sportsbooks start adding e-Transfers as a viable cashing out method.
Safety and Security at Interac
There is not a single thing that you would need to worry about when using Interac. The majority of Interac betting sites are fully SSL encrypted, allowing them to provide you with the necessary standard of safety when banking online.
Specific to websites that use Interac is that they want to be seen as viable options for sports bettors. The majority of them already are and they offer a variety of markets in dozens, if not hundreds of countries.
Other than that, Interac uses established and secured banking procedures, such as authentication and transaction encryption, authentication by a trusted financial body, as well as proprietary risk management system. This last bit is a combination of advanced software solutions and human analysts who help build an iron-clad system of banking via the Interac platform.
How to Use Interac Yourself?
To use Interac for sports betting make sure that the sportsbook and bank you normally use support the payment process. To clarify, Interac is an established payment processor and part of the reason is that it seeks close integration with financial institutions.
To access Interac Online, you need to log into your bank’s online banking system and choose the method as a payment option. Authorize the transaction and Interac will do the rest. Each banking institution may have slightly different steps to verify the payment, which is fine. Just make sure you are familiar with the necessary steps by following your bank’s specific instructions.
Interac Bonuses and Promotions
Interac betting sites will always allow you to place a wager and claim a deposit. You will be able to choose from a variety of promotions and contests, including welcome bonuses, and event-specific promos. Interac makes betting simple and claiming a bonus even simpler. All you need to do is register today at one of the sportsbooks that we recommend.