Gigadat is an online payment platform used for many purposes, including online gambling. Founded in 2013, it’s a private company with headquarters in Winnipeg, Manitoba.
It mainly processes payment for Interac and is trusted by many Canadians. Gigadat is compliant with the Canadian Code of Practice for Consumer Protection in Electronic Commerce.
Another payment method that it handles is the Express Connect e-Wallet. It processes transactions for numerous licensed casinos and thus can handle the legalities.
To make a Gigadat casino deposit, you need to have an account at one of the 260 financial institutions that support Interac Online or e-Transfers.
Once you have that and online banking, you can conduct transactions at any online casino that accepts e-Transfer or Interac Online.
Best Gigadat Casinos of 2021
The following curated list features the best Gigadat casinos based on performance, game variety and bonus offers.
Is Gigadat the Same as Interac?
The Interac Corporation is a Canadian network facilitating online transactions. It has headquarters in Toronto. Gigadat processes deposits and withdrawals made through any Interac casino in Canada.
Interac and Gigadat are not the same, but they work together to process transactions. Gigadat is PCI compliant and adheres to AML and regulations to provide a secure environment for online casino deposits and withdrawals.
- Very secure
- Hunderds of banks available
- Very fast
- Only Available in Canada
- Voided in 30 days
Advantages of Gigadat
Gigadat is a trusted and reliable payment processor used by many Canadians. It has a success rate of almost 100% for online transactions. Most reputable businesses use it.
Compatible With Hundreds of Canadian Financial Institutions
Gigadat is compatible with most Canadian banks and credit unions – more than 250 in total.
It’s also an excellent alternative to direct payment methods for those who prefer to keep their confidential banking information private. Plus, there’s less possibility of casino transactions being denied by the bank.
Highly Regulated and Secure
Gigadat is one of the most strictly regulated methods that complies t with all the relevant regulations and works in conjunction with Interac. It only works with licensed casinos, thereby reducing the chances of fraud.
Also, it never shares your sensitive information to third parties, such as a casino or business. For these reasons, it’s one of the safest and most secure payment methods available.
Cost-Effective and Convenient for Casino Deposits and Withdrawals
You can make both deposits and withdrawals using this method, so transactions are convenient, seamless and easy. They’re also processed faster than with other payment methods.
Plus, it doesn’t charge any fees for processing transactions, although your financial institution might. Another advantage is that Gigadat doesn’t have amount limits. However, your normal bank thresholds still apply.
Disadvantages of Gigadat
While there isn’t much to complain about when it comes to Gigadat, here are two of the biggest disadvantages.
Not Available in Other Countries
One of the major disadvantages of Gigadat is its incompatibility with foreign banks. While Canadians can use the service without a hassle, gamblers overseas will have to find another alternative.
Incomplete e-Transfers Are Voided in 30 Days
An e-Transfer goes void in 30 days – much faster than a cheque. However, this is usually more than enough time to withdraw or deposit funds.
Using Gigadat in Online Casinos
Using Gigadat to deposit or withdraw cash at an online casino that accepts e-Transfer is a piece of cake. Here’s how to do it.
Step 1: Set up online banking
To transact through Gigadat at an online casino that accepts Interac, you must have an account at one of Interac’s 260+ financial institution partners. Then, you need to make sure that you can use online banking.
Step 2: Depositing at a casino
When you’re set up for online banking with Interac e-Transfer, you can deposit and withdraw using Gigadat right away. Simply proceed to the “Cashier” section of the online casino that accepts Interac and select the Interac Option.
After that you can choose the amount that you want to deposit, and you can proceed by clicking the “deposit”-button.
When you arrive in the Interac portal you can select the financial institution you’re using. Click on the bank you’re using or select it in the menu below.
After that you have to select if your want to use Interac Online or Interac e-Transfer. Choose your preferred method and confirm the payment.
The money will be on your account shortly. So be ready to start playing some online casino games!
Step 3: Withdrawal
To make a withdrawal, simply go to the “Cashier” section of the online casino. Enter the amount you wish to withdraw and voila, the transaction is almost done.
Following the above steps, any transfers associated with your email address go to your account without having to enter your personal details each time. How easy is that!
Transaction Fees and Withdrawal Times
Using Gigadat doesn’t require a transaction fee. However, your financial institution may still charge a nominal amount.
There are also no transaction or amount limits by Gigadat. Plus, deposits are instant, and withdrawals can take anything between one and seven hours.
Other payment methods such as Paypal charge a small amount for currency conversion and overseas transactions. Also, credit card payments incur fees on PayPal.
Paypal offers instant deposits, but withdrawals may take more time. There may also be casino bonus limitations for PayPal.
Online Casino Gigadat Bonus
Here are the top three Gigadat casinos that offer a welcome bonus.
1. Premier Casino
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2. Rapid Casino
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3. 21.com Casino
21.com Casino is the perfect place to just sit back and spin some slots. Sign up for a up to $1000 + 1000 free spins casino bonus!
If you primarily use Interac to handle your online transactions, Gigadat should be right up your alley. The company is based in Manitoba and follows all the necessary Canadian regulations.
This leads to its widespread usage among Canadians for many purposes, including online gambling. Gigadat can connect to your online casino via Express Connect e-wallet or Interac.
If you want to use Interac to deposit and withdraw via Gigadat, you need an account with a financial institution that supports Interac.
The two companies can certainly seem connected, especially if all your Gigadat casino transaction go through Interac. However, they are entirely separate companies.
Interac facilitates online transactions among numerous Canadian financial companies. Gigadat simply works through Interac’s system, giving its customers a wider reach.
Gigadat is PCI compliant and follows AML and other regulations for online casino deposits and withdrawals.
Convenience, security and strict regulations all make Gigadat a very attractive pick for Canadian players. It only works with licensed casinos, drastically lowering the odds of its users being affected by fraud.
Gigadat accepts both deposits and withdrawals, which makes using it seamless and convenient. There are some downsides, but they are minor.
Gigadat cannot be used with non-Canadian banks, which is something to consider for overseas players. Additionally, incomplete transactions are voided after thirty days.
Gigadat does not require you to pay any transaction fees, either. Deposit and withdrawals are handled without any costs from the payment processor’s end.
Keep in mind the casino or your financial institution may charge a nominal amount. Deposits are instant and are not subject to any limits.
Withdrawals can take anywhere between one and seven hours. This makes Gigadat a much better pick compared to other e-wallets such as PayPal.
You can play without having to account for currency conversion and withdrawals are faster. An overall top-tier experience!
Are online casinos with Gigadat safe?
Yes, the online casinos with Gigadat are safe and secure as Gigadat only works with licensed gambling sites. Plus, you’ll never have to enter your personal bank details while conducting transactions.
Is Gigadat the same as Interac?
Gigadat and Interac casino Canada work together, but they’re not the same. They’re separate services owned by different businesses, although both are Canadian.
Gigadat has its headquarters in Winnipeg, while Interac has its headquarters in Toronto. Gigadat processes transactions facilitated by Interac casinos.
Why do I see Gigadat when I deposit at the casino?
As mentioned, Gigadat works with Interac, so you’ll see it when you’re making a deposit or withdrawal. However, you can rest assured that your sensitive information is always protected with this payment method.
Plus, the bank doesn’t get casino details; instead, it sees a Gigadat transaction approved by most banks in Canada.
Are casinos that accept Gigadat safe and trustworthy?
Gigadat only works with licensed casinos; hence they’re safe and trustworthy. Gigadat is compliant with all the applicable AML regulations.
Is there any transaction fee for deposits with Gigadat?
No, Gigadat doesn’t charge a transaction fee.
Are my personal details safe?
Absolutely! Gigadat protects your personal details from third parties and never shares this information.