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Interac is the payment network that most Canadians use every day, connecting directly to their bank accounts for secure transfers in Canadian dollars. For iGaming operators targeting Canada, offering Interac means meeting players on the rail they already know and trust. It supports near-instant deposits and withdrawals, removes the friction of sharing card details, and signals local credibility that generic international methods cannot match in the Canadian market.
Interac is Canada's national payment network, founded in 1984 and headquartered in Toronto. Operated by Interac Corp., it links virtually every Canadian financial institution and underpins both in-store debit and the widely used Interac e-Transfer service, which moves money directly between bank accounts using an email address or mobile number. Interac transacts exclusively in Canadian dollars (CAD) and is used by the large majority of Canadian banking customers, making it one of the most recognised financial brands in the country. For players, Interac is the natural way to move money online: funds come straight from a personal bank account, with no need to share card numbers or open a separate wallet. Deposits and withdrawals settle on a near-instant basis, so players can fund an account and receive payouts without the multi-day delays associated with some card and international transfer methods. Because Interac is embedded in everyday Canadian banking, it carries a strong sense of security and familiarity. For operators, that established trust and near-universal reach make it the default bank-based method for engaging Canadian players.
Canada is a high-value regulated market, and payment localisation is central to converting Canadian players. Interac directly addresses that need.
For operators serious about the Canadian audience, Interac is a foundational method rather than an optional extra.
SoftVault connects operators to Interac through a single payment integration that links to 300+ payment providers, so there is no need to build or maintain a dedicated Interac connection. Once enabled, Interac appears as a deposit and withdrawal option in the cashier for eligible players in Canada, presented in Canadian dollars alongside the other methods you choose to offer. The unified integration means you can add Interac as part of a broader localised payment mix without separate technical projects for each provider. Because iGaming is a regulated activity in Canada and market availability can depend on your licensing and the regions you serve, operators should confirm eligibility and configuration with the SoftVault team before going live. SoftVault can advise on how Interac fits your overall routing and cashier setup. Applicable transaction fees and commercial terms are confirmed as part of your onboarding, ensuring your Canadian payment offering is aligned with both your regulatory position and your business model.
Interac is Canada's national payment network and is used almost exclusively within Canada. It is the leading bank-based method for Canadian players and transacts in Canadian dollars (CAD).
Interac supports near-instant deposits and withdrawals. Funds typically move quickly between the player's bank account and the operator, supporting a responsive cashier experience and faster payouts than many alternatives.
No. Interac draws funds directly from a player's Canadian bank account, often via Interac e-Transfer, so players do not need to share card numbers or set up a separate e-wallet to deposit.
Interac is available through SoftVault's single integration to 300+ providers. After enabling it, confirm licensing and market availability with SoftVault, and it appears in the cashier for eligible Canadian players.
