DCC - Dynamic Currency Conversion
DCC system provides the buyer (cardholder) the choice of paying for goods or services in their billing currency or in the merchant’s local currency.
DCC occurs when there is a conversion of the purchase price of the goods or services from one currency to another, as agreed by the cardholder and merchant. This converted currency becomes the transaction currency, regardless of the merchant’s local currency.
DCC’s key strengths are:
- Intelligent, flexible and real-time reporting tools available 24/7
- Robust payment engine
- Payment Card Industry standard VISA3D Secure security component
The DCC system is designed to support various currencies. At the moment the following currencies are available: USD, EURO, GBP, CHF, AUD, CAD, MYR, SGD, HKD, JPY, DKK, NOK, NZD, SEK.
For more information visit DCC website.