Most Canadians have performed an Interac e-Transfer through their online banking account. I find it’s the easiest way to transfer money to fellow Canadians. Now you can also use this Interac method to fund your online sports betting account.
I love this deposit option at Sports Interaction. I personally use Interac e-Transfers several times a month to square up with buddies, whether it be paying off a friendly bet or settling up with the organizer of a hockey tournament. It’s great this easy method can also be used to fund your sports betting account as well.
Sportsbooks Accepting Interac
- Licensed and regulated in Canada
- Easy deposits & withdrawals including Interac
- Competitive betting lines
I will be using screenshots from SIA for the remainder of this guide.
Interac Deposit Guide
After selecting Interac as your payment method and selecting your deposit amount you will be taken to a gateway page where you can select your financial institution to complete the deposit. Here’s a screenshot of what this page will look like:
Depending on which financial institution you select you will then have the option to complete the deposit via Interac Online or Interac e-Transfer.
At the time of this article the only banks that allow you to complete the deposit via Interac Online are RBC and TD.
Here’s a screenshot of how the Interac Online payment screen will look:
After selecting your bank you will need to sign in to Interac Online using your banking information. Once you sign in, select which account you want to make the transfer from and click continue. Just like that you’re done.
The Interac e-Transfer option is available from all major financial institutions in Canada including CIBC, Scotiabank, BMO, RBC, TD, etc.
After selecting the Interac e-Transfer option you will have to enter your mobile number.
You will then be provided with all of the details necessary to complete an Interac e-Transfer through your own personal online banking. This includes the recipient name, recipient email, amount, security question and answer, and message. Make sure you complete all of the fields accurately to ensure the deposit finds it’s way into your betting account.
Bodog’s Interac e-Transfer
Bodog does their Interac e-Transfers slightly differently than SIA. At Bodog you simply select Interac e-Transfer and your deposit amount, then you will receive an email from Bodog with an Interac payment request. Accept the request and follow the instructions to complete the transfer.
This is a great method because it’s as easy as shooting some cash to a buddy. You don’t need to know any of your own banking information except how to log into your online banking account. I expect Interac to become the most popular payment method for Canadian sports bettors moving forward.