DCC (Dynamic Currency Conversion) is a service, which allows cross-currency card transaction payments to be processed in the cardholder’s home currency.
The cardholder is offered a convenient option to pay in their card currency or the currency of the country in which they are making a purchase (POS/eCommerce) or withdrawing cash at ATM.
When the cardholder accepts DCC, the transaction remains in the card currency throughout the processing and settlement stages.
Both merchant/ATM owner and cardholder know the precise authorised transaction amount.
- A valuable new source of revenue for acquirers, merchants and ATM owners.
- Transaction are converted at a competitive FX rate.
- NO surprises on the cardholders statement.
- A new revenue source
- Improved customer service
- Fewer charge backs
- Monex real-time API
- Flexible mark-up rates
- Real-time rates – 160 currency pairs
- NO FX exposure – that’s our guarantee!