PointsBet Ontario to Have Interac Banking as Payment Processor. Toronto-based Interac is a highly revered brand in Canada and has been providing services to online casino customers for years. We understand our customers want secure and easy payment methods to deposit. That is why we have made it a priority to make the process as seamless as possiblePointsBet Ontario said its parent has entered into a partnership with Interac Corporation — a Toronto-based banking network that runs the Canadian debit card system and whose brand is revered by Canadians — to serve as a payment processer in the province.
In a statement, PointsBet Canada said Interac would provide “safe and easy deposits and withdrawals every time.” It did not disclose any additional details, including the length of the partnership, which appears to extend to all of Canada, not just Ontario.
“We understand our customers want secure and easy payment methods to deposit,” PointsBet said. “That is why we have made it a priority to make the process as seamless as possible.”
The operator said deposits through Interac would be instantaneous and that the operator would not apply any surcharges for using the banking network. PointsBet added that Interac is available at more than 95% of banks and financial institutions in Canada, providing excellent access for customers to make deposits. Who is Interac?
Interac is a privately-held banking network founded in 1984 in Toronto. At the time, it was a joint venture between five central Canadian banks — CIBC, Desjardins, RBC, Scotiabank, and TD. According to the network, it handles 18.6 million transactions daily and is connected with more than 300 financial institutions.
It was named the most trusted financial company in Canada by the Gustavson School of Business at the University of Victoria, a public university in British Columbia.
According to the eighth edition of the Gustavson Brand Trust Index , Interac was one of four companies ranked as the eighth-most trusted brand in Canada. Interac also made the business school’s list of the 50 most trusted brands in Canada, based on overall brand trust scores. No Stranger to Gambling in Canada
Interac has […]
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