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What is Interac?

For those that haven’t heard or used it before Interac is basically an e-wallet system that lets you store your cash online in a third party system before you transfer it over to the website you’re playing on.

It’s similar to PayPal in the respect in that it accepts a wide range of cards for deposits; it’s extremely secure and works with a wide range of partner websites.

How Do You Join?

If you’re interested in getting started up with Interac bingo sites then you’ll find that it’s incredibly easy to setup. For starters you need to head to the official Interac website, and there all you’ll have to do is create an account, register a card and link it to your profile.

The Pros and Cons

Of course when you start playing on a Interac bingo site you’ll notice that this payment system has a lot of perks and a couple of downsides to it.

Pros -

The best thing about Interac is that it’s secure as it implements a series of servers that guarantee to keep your cash and sensitive information safe. It also offers instant transaction speeds.

Cons -

The biggest problem with this system is that you’ll normally have to pay a percentage on your withdrawals from your bank account. The amount you need to cough up can also vary depending on what bank you’re with.

Comparisons to Other Payment Systems

Of course there are other systems you can use like Ukash and PayPal which have their own benefits and differences. Ukash for example has secure vouchers but you can easily lose them and once they’re lost your cash could be permanently gone.

There’s also which is similar to Interac in that it too allows for instant transactions and is extremely secure. But again it has a downside in that your account can sometimes be locked without warning and it can take a long time to unlock it again.

Best Bingo Sites That Accept Interac

Since its adoption by the gambling industry the number of bingo sites that accept Interac out there have increased almost exponentially.