Inpay logo 320 x 320Canadians notoriously have a tough time of things when trying to deposit on certain online casinos to play for, and hopefully, win real money. Unfortunately these are usually the same sites that offer the biggest jackpots and highest RTPs, which makes it all doubly frustrating. But all is not lost; there are always workarounds, and with the fast pace of online technology, they get better every day.

There are already several solutions floating around out there, the most popular being Interac eTransfer. But now people are also talking about Inpay, which is offering an even bigger, better international casino banking method. But is it all it’s cracked up to be?

What Is Inpay?

Shield iconHere’s the short answer. Inpay was founded in 2007 by Jacob Tackmann Thomsen, a pioneer in online data security. It uses existing banking systems to facilitate the transfer of funds from one place to another.

Essentially Inpay is a payment method for casinos that aren’t restricted globally. Players will use Inpay for online casino payments that are safe and secure. The service has been around since 2007 and it functions in over 60 different countries, so it is very much a well-integrated system.

Originally used in all sorts of different retail sectors, now Inpay also runs in the iGaming circuit. There was an obvious gap to fill in the market, with international casino deposits being far more onerous than they needed to be.

Enter Inpay, which works to fill that void, giving Canadians the solution they need to safely transfer their money. But while Inpay is a great option, it’s not necessarily available in conjunction with every online casino. Of course we’re hopeful that this will change, and as the service grows in popularity, so will the range of online casinos that support it.

How Do I Set Up An Inpay Account For Free?

Wallet with cash iconYou’ll be very pleased to find out that there are no fees for using Inpay. Each transaction made through the Inpay system is completely free.

Now it may well be the case that your bank has certain fees which they place on top of your transaction. Be sure to find out before you go ahead with anything. These fees will usually crop up if you’re depositing in one currency but requesting to play in another i.e. a currency conversion. An example of this would be using US dollars to deposit in CAD or vice versa.

You can avoid this by always depositing in CAD when possible. This way, you’ll be able to enjoy Inpay’s smooth service without incurring any pesky fees.

Roulette wheel iconIt’s easy to use Inpay at an online casino, but there are a few things you should know. First things first, find out if your preferred gaming site accepts Inpay. You’ll usually find this listed in the FAQs or in the payment section. If the answer is yes, then it’s a go and you’re all good to get set up. Once you select the Inpay option you’ll need to:

  1. Select ‘Canada’ as your location of choice
  2. Enter the name of your bank
  3. You’ll then get automatically transferred to your own banking interface where you’ll be asked to log in and enter some of your banking information — do this to get to the final step
  4. Once all those details are correctly filled out you’ll receive confirmation of your deposit (this is usually immediate but sometimes it can take a few minutes)
  5. Get ready to spend that deposit wisely and have a great time

Now, when it comes to withdrawals you might feel it’s more convenient to also be paid out via Inpay, and this may well be the case. However, it’s worth remembering that just because an online casino accepts deposits via Inpay, it doesn’t mean it processes withdrawals in the same way. Be sure to look into this before cashing out so you can find out what your next best alternative is if that’s the case!

Is Inpay Safe To Use at Online Casinos?

Bank iconIf you were paying attention when we talked about getting started with Inpay, you’ll remember that we mentioned how your banking interface gets involved at the halfway point. What that means is that Inpay never gains access to any of your banking information. Rather, their system creates a portal with your bank which does not release any sensitive details. The Inpay-enabled casino site will simply help you open that page, which is encrypted and secure. That makes Inpay super safe to use for casino banking.

If you need even more assurance than that, you’ll be pleased to learn that all Inpay systems, transactions, transfers, and infrastructure are protected by antivirus programs, full-stack firewalls, multi-factor authentication and real-time penetration testing using big data and AI. So really, there’s absolutely no need for concern, you’d have more luck breaking into Fort Knox.

The Pros And Cons Of Using Inpay at Online Casinos

So what does it all come down to? With the good comes the bad (ain’t that the truth?), and Inpay is no exception. Here are the advantages and disadvantages laid out side by side so you can weigh your options quickly and easily.

Pros

  • Always top of the list is the fact that it’s free (at least it is if you’re careful to avoid bank conversion fees)
  • Inpay is available in over 60 countries, and more importantly, it’s also available in Canada
  • Although it’s faster if they do, it doesn’t matter if your bank doesn’t subscribe to Inpay, you can still use the system
  • Inpay is highly established as well as super secure so you can subscribe without any worries
  • The depositing system will always use your local currency where possible, so you won’t lose any cash in conversion fees
  • Because Inpay never works off credit, you can only ever deposit what you have in your bank account — that means no surprise bills later in the month

Cons

  • The Canadian network is moving a little slowly, which means that not all the big banks are signed up yet
  • If your bank hasn’t subscribed to Inpay then your deposits can take up to 24 hours, which is a little disappointing if you were raring to go
  • If you’d also like to withdraw your cash using Inpay then it’s usually a must that your bank has signed up with the system
  • Interac e-Transfers still comes up trumps in terms of speed, compatibility and efficiency

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