There’s an enormous difference in the ways that online and offline casinos process payments. In an offline casino, you can walk in, get a casino card or chips from the cashier, and you’re all set. Withdrawals are equally easy. You cash in your winnings and go home with a bulging wallet - well, hopefully!
Payments in online casinos are more complicated. Because you’re gambling over the Internet, the processing of your payments is electronic. Electronic payments usually take time. That’s why online casinos, and their patrons alike, prefer payment methods that give them instant access to money, especially deposits.
Interac is a Canadian payment system that’s used for online banking transactions. It’s linked to a user’s internet banking function and is popular for making transactions at online casinos. This article aims to explore the pros and cons of this payment method.