An Overview Of Interac And Its Alternatives: 5 Best Canadian iGaming Deposit Options Revealed

By Ethan Parker · 11 March 2025 · 5 min read

 

Every gambling enthusiast wants to know what is the best Canadian iGaming deposit option? Interac is a top-rated iGaming deposit option in Canada, and a few other options that you need to know about include iDebit, INSTADEBIT, Trustly, and Pay By Mobile.

 

Interac

Interac is one trusted payment method for depositing at casinos online in Canada. Even credit cards fail to impress enthusiasts when it comes to Interac. But what is Interac?

Interac is a product introduced by the Interac Corporation. Interac is a Canadian intra-bank network that helps in transfer of funds directly between bank accounts.

Interac Online and Interac e-Transfer are two main products of the Interac intra-bank network. Interac e-Transfer dominates the online casino transaction sphere in Canada. Interac Online has an essence in the online shopping and retail sector of Canada.

Loonio is an Interac-based, Interac sub-branded payment gateway for Canadian iGaming operators. Interac by Loonio casinos in Canada are no less popular. The online casinos in Canada that accept Interac by Loonio include Spin Casino, Ruby Fortune, and Jackpot City.

Loonio does not stop at gaming. Its presence in the online shopping and retail field cannot be ignored. This deposit modality is actually fast and secure. Interac by Loonio can be used effectively to deposit and withdraw funds.

Loonio as a deposit modality stands out for enhanced security features, streamlined user experience, real-time transaction processing, broad accessibility, cost-effectiveness, and transparency.

Interac comes in many forms: Gigadat, Payper, PayDirect Now. They are all acclaimed Canadian payment processors well-known in the industry.

iDebit

Payments online won’t feel like a thing with iDebit. You can make online payments with this platform similar to Interac. Users won’t need a credit card at all with iDebit. This platform has its fair share of popularity in Canada. The kind of convenience and security that you get to enjoy with iDebit is praiseworthy.

 

INSTADEBIT

Another iDebit and Interac competitor is INSTADEBIT. This Canadian online payment platform also allows users to pay from their bank account. The extra level of security that users get to enjoy with INSTADEBIT does not go unnoticed. This intermediary between your Canadian online casino and bank account is worth exploring.

 

Trustly

Trustly is famous like Interac too. Trustly is as popular in Canada as it is in Europe. Users can use Trustly similar to Interac. The users don’t even have to register for an account with Trustly to get started.

 

Pay By Mobile

Last but not least, mobile career billing is no less popular than Interac in Canada. Mobile career billing is definitely not Electronic Funds Transfer (EFT), but it surely deserves its place in the list of Canadian iGaming deposit options.

Similar to Interac, all the platforms we have discussed above allow users to transfer funds without registering. The kind of convenience and security that they promise to offer limits the need to switch to e-wallets or credit cards ever again. They all make the best choice for Canada indeed.

 

 






Ethan Parker

Senior Copywriter

Ethan Parker is a seasoned copywriter specializing in the dynamic world of payment solutions. With over a decade of experience crafting compelling narratives for industry leaders, Ethan possesses a unique blend of technical knowledge and creative flair. His insightful content not only simplifies complex financial concepts but also engages diverse audiences, driving brand awareness and customer engagement. Ethan's work has significantly contributed to the success of numerous fintech startups and established companies by highlighting the transformative power of innovative payment technologies.