What is DCC?
DCC stands for Dynamic Currency Conversion, meaning that during the VISA/MasterCard payment process,
our e-commerce payment solution can convert the purchase amount into the currency of the country where the credit card being used.
Our system identifies the currency automatically when the card is used.
The cardholder can see the purchase amount in the currency selected by the merchant,
and their card based on the real-time foreign exchange rate.
In short, DCC is a service that allows credit cardholder to pay for goods and services internationally with their local currency.
What are the benefits to merchant business?
1.) Improve customer satisfaction and increase sales.
When purchase goods or services internationally, large percentage of cardholders are prefer to pay in their own currency,
simply because they are more familiar with that. With our DCC Services, both merchants and customers know exactly they are
charging/paying for right on the spot, which means no more waiting or guessing at foreign exchange rate.
2.) Reduce chargeback risks.
Knowing exactly how much to pay in their home currency it is not only can eliminate surprises but also reduce chargeback risks.
Features of our DCC program
1.) Support Visa and MasterCard.
2.) The foreign exchange rate, updating in real-time, is used to calculate the foreign currency amount.
After conversion, the DCC processing amount is the exact amount showing on card statement.
3.) 12 currencies are available.