Why Gigadat focused its payment methods on the Canadian iGaming market

Canada is the second-largest country in the world, and it is filled with a lot of attractions that lure tourists across the world to the country. While the Canucks are known for their beautiful spots as well as being the second-largest country, they are also known for their gambling acts.

There are hundreds of land-based casinos established across the country, with some of them being located in beautiful spots that lure in travellers from around the world. Every province in Canada has its own official online gambling website that is dedicated to providing online casino games, lotteries, sports betting and many more. Several offshore online casinos also welcome Canadian gamblers to their platforms.

However, the Canucks don’t have many options when it comes to payment methods with the most popular methods being Interac Online and Gigadat. So before any offshore online casino can think of luring Canadian gamblers to its platform, it needs to have those two payment methods in its variety of options for transactions.

Why GigadatFocused on the Canadian iGaming Market

Interac has been operating in the country for over three decades while Gigadat was founded in 2013, and over the years, both companies have managed to explore and surpass the limits of digital payments in the country. They have also been exploring the world of casinos for a while, and the duo digital payment solutions are the go-to option for Canadians when they gamble online.

Statistics show that over 70% of the Canadian population participate in one form of gambling or another every year, and this reveals just how much the Canuck loves gambling. With a majority of the population being invested in the iGaming market, it is only natural that the big companies in Canada will place their focus on it in a bid to give their residents the best of what the iGaming industry can offer.

It didn’t take long before Gigadat Casinos became popular in Canada when they got their licenses elsewhere. Being more familiar with the company, Gigadat quickly became one of the most popular payment methods accepted by Canadians in online casinos.

Gigadat payment options are e-Transfer and Interac Online. This was due to the partnership established between Interac and Gigadat Inc. However, Gigadat was able to become a popular payment method in the iGaming market for a few reasons.


Ease of Use 

The use of Interac e-Transfer and Interac Online services for Gigadat payment made is one of the easiest payment services to use at online casinos. Having partnered with hundreds of Canadian banks, users can easily connect to their bank with comfort and transactions will be made in a few minutes.


It Has No Restrictions

Some Canadian banks are inconvenient with the iGaming market, and they won’t allow you to make transactions to offshore platforms. This can reduce gamblers’ gaming options on the internet, or make them lose interest in an online casino altogether.

However, this is not the case with Gigadat payment solutions as it possesses no restrictions. You can carry out transactions from anywhere you feel like and that also includes offshore online casinos.


Regulated & Licensed

GigadatInc is a company that was established in Canada and has been operating for a while, you can be sure that it corporates with the Canadian legislation and also abides by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) requirements. Gigadat also corporates with the Anti-Money Laundering rules, so the Canadians are extremely relaxed with this payment service.