Understanding Gigadat Processing Times and Variables

The Canadian online gambling industry is growing at a rapid pace. According to iGaming Ontario, during the 2023-2024 fiscal year, total wagers amounted to $63 billion, with gaming revenue reaching $2.4 billion, (source globalnews.ca). This makes it one of the fastest-growing markets in the world.

What makes gambling attractive in Canada is that the government does not impose taxes on gambling wins so you get to keep 100% of your winnings. Another reason is the availability of reliable payment solutions. Gigadat is one of the leading names in this space, and it provides Canadian players with a secure and efficient way to manage online casino transactions. 

Gigadat is a Fintech organization founded in 2013 and based in Calgary, Canada. This company specializes in cashless electronic payments, particularly in the online retail and iGaming. Today, it has over 32 million Canadian customers, beating standard options like PayPal and credit/debit cards. One of the main driving forces behind Gigadat’s popularity is simplicity. To initiate a transaction, all you need is to create a Gigadat account and sign into your online banking service. 

In this guide, we’ll take a closer look at Gigadat as a casino withdrawal method. We’ll walk you through the process of cashing out winnings, break down average payout times and fees, and highlight key factors that can impact withdrawal speed. We’ll also provide tips to help you avoid delays. Keep reading!

Average Gigadat Withdrawal Times

To meet the standards of Canadian players, a reliable payment method must provide fast and secure transactions. Impressively, Gigadat ticks these boxes with ease. The standard duration for Gigadat withdrawals is anything between 1-3 business days. While this may sound slow, it’s faster than options like payment cards and wire transfers. Keep in mind that Gigadat’s e-Transfer service only processes withdrawals on business days. This means a casino payout can reach your bank account anytime from Monday to Friday. So here’s a pro-tip: avoid placing a withdrawal, let’s say, on Saturday or Friday evening to reduce the wait times.

Another thing to note is that the 1-3 day(s) transaction duration starts counting after the casino approves your payout request. Thankfully, most casinos take an average of 24 hours to approve payout requests (it’s called “process pending“). They use this window to conduct internal audits to prevent money laundering. You can also cancel the transaction during the pending period.

Breakdown of Withdrawal Process

Let’s go through the steps to withdraw your casino winnings using Gigadat:

Step 1: Request a casino withdrawal.

Start by logging into your casino account and then open the cashier. Confirm if you have enough balance to withdraw because this may vary between casinos and payment methods. Choose Gigadat (Interac e-Transfer) as the payment method and place a withdrawal request. Most casinos will take 24-72 hours to approve the request. It can also be just a few minutes for small amounts.

Step 2: Wait for Gigadat processing.

Most casinos indicate that the time to receive payments after approval depends on the banking method. In the case of Gigadat, this can be 1-3 business days after the approval. The best casinos in Canada process the e-Transfer just a day after Gigadat has received the request. So, expect the payment to hit your account the next business day.

Step 3: Gigadat sends the payment. 

Let’s assume the payment has already been processed and is ready to withdraw. In that case, you may need to wait an additional 1-5 business days for your bank to clear the transaction. This may be a shorter or longer period, depending on the financial institution and holidays or weekends. There’s also a possibility of receiving the e-Transfer within 5-15 minutes depending on your position in the queue, and if your account has already passed “process pending” review. However this seems more common for new Interac products such as Loonio, when they are available for cashouts in the cashier.

Factors Affecting Withdrawal Times

Sometimes, a Gigadat e-Transfer casino withdrawal may take longer than expected. Unfortunately, delays are often beyond your control. However, knowing the key factors that can impact withdrawal speed can help you avoid unnecessary wait times and ensure a smoother transaction. Here are four major factors that can affect Gigadat withdrawal times:

1. Account verification requirements

Most Canadian casinos require verification before processing Gigadat withdrawals. As a player, you must complete the Know Your Customer (KYC) process, which involves submitting certain documents. This mandatory process allows the Gigadat casino to verify your age, financial sources, and other personal details. Below are some of the requested documents:

• A copy of your national ID, passport, or driver’s license.
• A copy of your latest bank statement or utility bill (6 months).
• A colour copy of your photo holding your national ID or bank card.

It’s important to upload these documents as soon as possible to avoid withdrawal delays. We recommend doing that immediately after signing up. Casinos can take hours or even days to approve or reject your verification documents.

2. Wagering requirement and bonus-related terms

Most casinos offer match bonuses and free spins when you deposit via Gigadat, but these promotions often come with wagering requirements. Before withdrawing winnings, you must meet these conditions, which require betting a certain amount multiple times. Some casinos also impose deposit turnover requirements, meaning you may need to wager your deposit at least once before cashing out. To avoid unexpected delays, always read the casino’s terms and conditions, and consider choosing bonuses with lower wagering requirements for faster access to your funds.

3. Financial institutional policies

Canadian banking institutions like BMO and CIBC can process your Interac e-Transfer payments instantly or within minutes. This is common with the ‘big five,’ which take less than 5 minutes to finalize payments. However, casino withdrawals can take longer to verify and approve, especially if it’s a significant amount. Verifications for small amounts like $100 or $200 should be instant. Conversely, higher amounts ($2,000+) could take more than an hour to approve.

4. Weekend and holiday delays

Some online casino brands like Spin Casino and Jackpot City only process withdrawals on weekdays. Likewise, Gigadat transactions are only handled from Monday to Friday. To minimize delays, submit your withdrawal request early in the week.

Fees Associated with Gigadat Withdrawals

Hoping to receive your full winnings without deductions? Well, some casinos process Gigadat e-Transfer withdrawals free of charge. Platforms like Grand Mondial and Lucky Nugget allow you to cash out without fees. However, it’s important to check the casino’s payment terms, as some sites may charge a small withdrawal fee, typically between $1 and $1.50. If you’re utilizing eCheck withdrawals then we refer you to our free eCheck fees calculator.

There are also casinos that waive withdrawal fees for their most loyal players or as part of promotions. Such casinos have exclusive loyalty programs where the highest-ranking players can get prioritized treatment. This privilege may include fee-free and instant withdrawal processing.

Gigadat itself doesn’t have any fee for using the e-Transfer service. This means the amount will hit your Gigadat account just as you withdraw it from the casino. However, bank institutions may have independent fees for processing Gigadat withdrawals. Receiving funds via Interac e-Transfer using CIBC is free, whereas TD Bank can charge $0.50 for transfers up to $100.

Comparison of Withdrawal Methods Via Gigadat

In August 2023, Gigadat and Interac signed an agreement to strengthen Gigadat’s role in the iGaming industry. This partnership enabled Gigadat to integrate Interac Online and Interac e-Transfer into its casino payment solutions, providing players with more flexibility and security when making deposits and withdrawals. In 2025, players can also access the Gigadat service through hybrid Interac ewallets such as Mifinity. Below is a breakdown of Gigadat’s key services for online gaming:

1. Interac e-Transfer

This is the most popular withdrawal method provided by Interac Inc. Simply place a withdrawal request, and Gigadat will send a notification after receiving the request. Also, you can receive the e-Transfer notification to accept the amount the following day. Usually, payments take 1-3 days.

2. Interac Online

This service is often indicated as “Interac Powered by Gigadat” in most Canadian gaming sites. It lets gamers make casino payments directly from their bank accounts without entering private details. Note, however, that Interac Online is only available for casino deposits.

3. e-Cashout

Gigadat e-Cashout is a Nuvei service that facilitates fast and secure casino withdrawals. It uses Automated Clearing House (ACH) technology to deposit money quickly into any Canadian bank account. Casino withdrawals can take 1-3 business days. It’s not available for deposits.

Below is a quick comparison table for these services:

Comparison with Interac Competitors

Gigadat isn’t the only Interac-powered payment solution available to Canadian players. Most Canadian casinos offer a range of solutions, including Loonio, Payper, and PayDirecNow. So, how does Gigadat compare to these solutions and which is best for your casino payment needs? Here’s a comparison table to help you decide:

Security and Reliability of Gigadat Withdrawals

Gigadat prides itself on being one of the most secure payment methods for casino withdrawals. This Canadian payment solution follows the stringent standards set by the NIST Cybersecurity Framework. This technology analyzes, detects, and acts as shield against potential cybersecurity threats.

It’s also worth noting that Gigadat offers direct integration with licensed Canadian banks and other financial institutions. This NIST and banking double integration reduces any potential fraud risks. However, this approach can extend verification timeframes, especially for first-time users or when withdrawing large amounts. Overall, we believe that Gigadat is a secure and reliable platform.

Examples of Specific Casino Timeframes

Now, let’s get practical by exploring specific withdrawal timeframes at various Gigadat supported casinos. The actual duration depends on the casino’s processing speed, verification requirements, and banking policies.

1. Jackpot City – 1-2 Business Days

Established in 1998, Jackpot City is among Canada’s most reputable gaming sites. This casino processes payments via several local options, including Interac Online, e-Transfer, and e-Check. According to this operator, bank transfer payouts are processed in 3-7 business days. However, Interac payouts should hit your account within 2 business days. Remember, withdrawals have a 24-hour pending period the first time.

Pro Tip: If your withdrawal hasn’t arrived on day 2, please don’t worry and give it one more day before contacting support.

2. Ruby Fortune – 1-3 Business Days

Ruby Fortune is another reliable Microgaming casino with multiple local payment solutions, including Interac e-Transfer and Loonio. All withdrawals at Ruby Fortune have a maximum pending period of 24 hours. After that, Interac e-Transfer payments can take 1-2 business days to reach your account. I’ve seen threads where support asks players to wait for 1-3 days.

3. Spin Casino – 2-4 Business Days

Spin Casino is a Jackpot City sister site that operates all over Canada, including Ontario. The average withdrawal duration here is 2-6 business days, a bit longer than other brands. This casino strives to process quicker Gigadat payouts, with internal withdrawal audits taking 24 hours. Still, you should contact Spin Casino support if you don’t receive the payment after 72 hours.

Comparison to Deposits

You’re more likely to use Gigadat for casino deposits than withdrawals, mainly because deposits are instant and hassle-free. Simply select Gigadat in the cashier section, enter the amount, and follow the on-screen banking instructions. Sometimes, you may need to answer a security question before confirming the transfer.

Unlike withdrawals, which can take hours or even days, Gigadat deposits are processed instantly. Once you initiate an e-Transfer, you should receive a confirmation email within minutes. And since deposits don’t require extensive verification, you won’t experience unnecessary delays.

Another advantage is that Gigadat deposits are generally fee-free. However, some casinos may impose small deposit fees, though this is rare due to industry competition. Plus, every Gigadat deposit qualifies for promotions, such as match bonuses and free spins, making it a top choice for funding your casino account.

Where to Get Help with Gigadat Withdrawals

Waiting for a casino withdrawal can be really tiring, especially if it takes longer than expected. If your Gigadat withdrawal is delayed, here’s what you can do:

1.  Be patient

Patience is key when dealing with casino withdrawals. After the pending period has elapsed, you can wait 1-3 working days to receive your winnings via Gigadat and other Interac-powered services. Banks can also take longer than expected to process payments.

2. Contact casino support

Contact the online casino support if the transaction is still pending after the advertised period. The delay could be due to a technical glitch or you may need to upload further verification documents. They should advise you accordingly.

3. Contact Gigadat

If the casino has approved the withdrawal, they’ll ask you to contact Gigadat for further assistance. It’s simple; you can contact Gigadat by filling out the contact form and an agent will reply instantly. Gigadat should advise whether the payment has been received or not.

4. Ask Questions on Forums

There are several Gigadat threads to follow and ask questions about casino transactions. You can ask questions about your delayed transactions on player forums like Casinomeister and Reddit. Some players may also be experiencing Gigadat delays, possibly indicating a technical issue. Joining these forums is a great way to stay informed of what’s happening.

Conclusion

We hope you have learned a lot about Gigadat casino withdrawals. On average, withdrawals via Gigadat take up to 4 days, that is if you factor in both the casino’s approval period (24 hours) and the payout processing time (1–3 business days). Keep in mind that bank processing times may add to this duration.

Fortunately, you can reduce the wait times by using tips like withdrawing smaller amounts on business days and avoiding weekends. Requesting bigger sums will draw more attention, leading to prolonged wait times. Also, upload your verification documents early and read the payment policies to choose a casino with the fastest transactions. Good luck!