Dynamic Currency Conversion (DCC)
A service at checkout that detects a card’s home currency (for example, EUR for a Euro-issued card) and offers the cardholder the choice to pay in their home currency rather than the foreign currency. This is most commonly utilized at POS terminals. If accepted, the transaction is converted at a disclosed exchange rate plus any […]
A service at checkout that detects a card’s home currency (for example, EUR for a Euro-issued card) and offers the cardholder the choice to pay in their home currency rather than the foreign currency. This is most commonly utilized at POS terminals. If accepted, the transaction is converted at a disclosed exchange rate plus any DCC fee, and the converted amount appears on the cardholder’s statement.
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