Gigadat Review
5.8/10Interac e-Transfer deposits and payouts behind Canadian gaming cashiers since 2013. FINTRAC MSB registration runs through 2028, FastPlay merges signup with the first deposit, and an RPAA application at the Bank of Canada has been In Review since November 2024.
Our read
- FINTRAC MSB registration M23430346 covers money transferring, virtual currency dealing, and PSP services, current through February 28, 2028.
- Effectively every Canadian bank reachable through one rail, and push-payment deposits carry no chargeback mechanism at all.
- FastPlay packs registration, bank-sourced KYC, the deposit, and a real-time withdrawal into one integration, the Pay'n'Play pattern on Interac, with a 40% FTD conversion lift behind it.
- Payout rails go past e-Transfer, with eCashout ACH direct deposit to any Canadian bank account plus a bank wire option.
- A public e-Transfer status portal, a law-enforcement query channel, a bilingual 24/7 consumer desk, and a pledge to the CGA advertising code effective January 2026.
- The RPAA registration is still pending, with the application filed in November 2024 standing In Review at the Bank of Canada.
- Standard withdrawals process Monday to Friday only, with acceptance notices arriving the next day, so real-time payouts are a FastPlay capability rather than the default player experience.
- No public API docs, no sandbox, and no contractual SLA, with pricing on request.
- The legacy manual flow generates support load: a mistyped unique ID, a wrong amount, or failed security answers bounce the deposit inside the flow's 24-hour window.
- One country, and only its non-Crown slice: Ontario is the sole regulated private market served, Alberta's private market has not opened yet, and no US product exists.
Operators entering or scaling Canada, Ontario today and Alberta if 2026 goes to plan, who want Interac e-Transfer deposits and payouts from a vendor that has worked the rail for gaming since 2013, plus European brands routing Canadian traffic through the Easy Payment Gateway channel that has carried Interac2Pay since 2017.
US-facing operators, since nothing ships in the US, Crown-corporation programs, which Gigadat does not serve, crypto-first cashiers, and anyone who has to see a rate card, API docs, or a contractual SLA before a sales call.
Markets & licensing
Gigadat holds one Canadian registration: FINTRAC MSB M23430346, covering money transferring, virtual currency dealing, and PSP services, current through February 28, 2028. A second is pending: Gigadat applied to the Bank of Canada under the Retail Payment Activities Act in November 2024, and the application stands In Review. Transition-window applicants may operate while processing runs.
Gigadat has no US entity, no US product, and no US licensing.
No UK permissions, product, or plans exist. The only European angle points the other way: Easy Payment Gateway has distributed Gigadat's Interac2Pay to European operators since October 2017, so a UK-licensed brand can reach its Canadian players through that channel while its actual UK cashier runs on someone else entirely.
- Canada (FINTRAC) MSB M23430346Canada
- Money transferring, virtual currency dealing, and payment service provider services · Gigadat Inc., operating name Gigadat Solutions · approved March 2023 · current through February 28, 2028
- Canada (Bank of Canada) RPAA registrationCanada
- Retail payment activities registration for payment service providers · Application In Review since November 1, 2024
- Interac trademark licenseCanada
- Rides Interac e-Transfer rails through Canadian banking partners under a trademark license · Trademark license · no Interac Corp membership
Licensing tier: One FINTRAC registration, since pure payment processing needs no AGCO supplier registration and no gambling license anywhere in Canada.
Regulated means Ontario only. Gigadat works with no Crown corporations, which rules out the other provinces' lottery-corp programs. Alberta is the next private market in line.
Nothing ships outside Canada.
Methods & rails
What you can reach
A2A rails
Flagship local methods
Payout rails
Processing features
Integrations & engineering
One contract and one API instead of a separate deal per studio, feed, or PSP. Here's what connects, how fast, and on what stack.
One API against a hosted flow: the player is handed into a new window, picks their bank, and completes the transfer inside their own online banking, with Gigadat as the recipient and a provided security answer. FastPlay runs the same rail as a combined registration-and-deposit pass. Merchant-side tooling covers pre-withdrawal user validation, Autodeposit registration checks, province-level bank selection parameters, a QR handoff from desktop to mobile, email payment links for in-app browsers, and API refunds from the back office.
Products & tools
One rail, four wrappers: Interac e-Transfer pay-ins with Request Money on top, a payout set that adds eCashout ACH and a bank wire, FastPlay compressing registration, bank-sourced KYC, and the first deposit into a single flow, and Gigadat Secure reusing that same bank identity as verification.
Interac e-Transfer
Deposits over the one rail every Canadian bank answers: standard Interac e-Transfer plus the Request Money pull flow, with push-payment construction that leaves no chargeback mechanism on deposits.
- Interac e-Transfer deposits, supported by 100% of Canadian financial institutions
- Request Money, the pull flow on the same rail
- Deposits land almost instantly but can take up to 30 minutes
- No chargeback mechanism exists on deposits, a structural property of the push rail
- Manual flow still requires a unique ID in the transfer message field inside a 24-hour window
- Interac2Pay, the legacy bank-push product, distributed to European operators through Easy Payment Gateway since October 2017
Payouts
Three ways out: Interac e-Transfer payouts that need only the player's email or phone, eCashout as a customized ACH deposit straight to any Canadian bank account, and a bank wire option. Real-time belongs to FastPlay, while the standard flow runs Monday to Friday.
- e-Transfer payouts keyed to the player's email or phone, with no bank details collected
- eCashout, a customized ACH product depositing to any Canadian bank account
- A bank wire option
- Real-time and overnight processing inside the FastPlay flow
- Standard withdrawals process Monday to Friday only, excluding bank holidays
- Acceptance notification for a standard e-Transfer withdrawal arrives the next day
FastPlay
Registration and the first deposit in one pass from the player's banking environment, with identity sourced from the bank and a real-time withdrawal inside the same flow. This is the Pay'n'Play pattern translated to Interac.
- Deposit and registration happen in the same Interac flow
- Real-time withdrawal runs inside the same flow
- One integration covers the whole loop
- Deposit volume up to 100% per player, average transaction value up to 30%, and registration conversion up 40% for FTDs
Gigadat Secure
Bank-based identity verification layered onto the payment flow, positioned against Canada's PCMLTFA obligations.
- Identity verification sourced from the player's bank relationship
- KYC, AML, and CFT screening
- Pairs with the merchant API set: pre-withdrawal user validation and Autodeposit registration checks
The history
Longevity in this industry usually comes with a change of owner somewhere in it.
Gigadat has run as a business since 2013, founded in Winnipeg by Guy Fietz and pointed at Canadian online gaming payments from early on. The October 2017 Interac2Pay distribution deal with Easy Payment Gateway put it in front of European operators. A federal reincorporation created Gigadat Inc. in January 2019, FINTRAC approved MSB registration M23430346 in March 2023, and the RPAA application reached the Bank of Canada on November 1, 2024, where it stands In Review. Registered office is Winnipeg, operations run from Calgary, and the company has stayed private and founder-led throughout.
Corporate
Leadership
Milestones
- 2013
Guy Fietz founds the business in Winnipeg and points it at payments for Canadian online gaming.
- 2017
Easy Payment Gateway becomes the official Interac2Pay distributor in October, putting Gigadat's bank-push product in front of European operators with Canadian traffic.
- 2019
Federal reincorporation in January creates Gigadat Inc.
- 2023
FINTRAC approves MSB registration M23430346 in March, covering money transferring, virtual currency dealing, and PSP services.
- 2024
The RPAA application lands at the Bank of Canada on November 1, inside the transition window that lets applicants keep operating while under review.
- 2026
Exhibits at ICE Barcelona, pledges support for the CGA Code for Responsible Gaming Advertising effective January, and announces a Health Bank Page for live rail visibility.
Where they're pushing next
- Alberta, where the private market develops through 2026
- European operators with Canadian traffic, reached through the Easy Payment Gateway channel
Longevity and ownership
Switching vendors is expensive, which makes the company's staying power part of the purchase. What the contract says about your data decides how expensive an exit gets.
Gigadat vs alternatives
Most buyers in this market shortlist three or four vendors long before they take a single sales call.
Settlement & commercials
Gigadat prices per deal, so exact figures land in the contract rather than on a public rate card.
Push-rail e-Transfer deposits carry no chargeback exposure by construction.
The deal
Money movement
Onboarding path
- 1Start at the gigadatsolutions.com contact form and pick the Business Development track
- 2Expect bespoke onboarding, and come ready to show your own player due diligence at customer registration
- 3Scope the deposit flows with BD: standard Interac e-Transfer with its unique-ID manual step, Request Money, or FastPlay if you want registration, bank KYC, and the first deposit in one pass
- 4Plan payout rails across e-Transfer against the player's email or phone, eCashout ACH to any Canadian bank account, and the bank wire option
- 5Wire up the merchant tooling: pre-withdrawal validation, Autodeposit registration checks, and API refunds from the back office
- 6Test against Monday-to-Friday withdrawal processing and the 24-hour e-Transfer window
Support & account management
You can't demo service before you sign, so what a vendor puts in writing is the only floor you can hold it to.