
Make shopping easier for international customers with Dynamic Currency Conversion.
Merchants with Dynamic Currency Conversion (DCC) capability provide a value-added service to their international customers and earn additional revenue from foreign currency selection fees to process point-of-sale (POS) payment transactions.
Millions of people visit the U.S. each year, spending money on lodging, meals, entertainment and other travel related items. A large percentage of these tourists and business travelers would rather pay for these goods and services in their own currency—if they could. International travelers using credit cards have to wait for their monthly statement to find out how much U.S. transactions cost in their own currency. This is inconvenient and often a challenge for business people who keep track of expenses. It’s no wonder that many international visitors would prefer to know right away what the transaction will cost in their own currency, and retailers who can provide that service are in a position to win more business.
'If Dynamic Currency Conversion (DCC) is available in the selected foreign currency, both merchant and customer know precisely the amount of the sale, which means no more waiting or guessing at conversion rates or fees.
How Dynamic Currency Conversion Service Works
Dynamic Currency Conversion (DCC) is a foreign currency payment solution that recognizes foreign credit cards at the point-of-sale (POS) and offers customers the choice of paying in either the merchant's or the cardholder's currency, if available. If they choose the latter, DCC calculates and converts the payment and prints a record of the transaction in the selected foreign currency.
Help Your Business
- Offer convenience through more payment options
- Increase purchasing incentive for international customers
- Improve customer service and increase consumer loyalty
Help Your Customers
- Choose to pay in a more familiar currency
- Feel more comfortable with transactions
- Understand immediately what conversion rate and fees will be applied
- Process expense reports faster with exact transaction amounts
- Currently available in 25 currencies
- Daily electronic updates of foreign currency exchange rates