Dynamic Currency Conversion
With Elavon’s Dynamic Currency Conversion (DCC) foreign currency converter service, international Visa®, MasterCard® and Discover® card purchases are converted instantly at the point-of-sale (POS) to the cardholder’s home currency, at a very competitive exchange rate. This eliminates unpleasant surprises for consumers when their statement arrives. Best of all, Elavon will rebate a share of the conversion fee to you, generating additional revenue for your business. The more international business you do, the more you improve your bottom line.
Dynamic Currency Conversion Benefits
- New Source of Revenue
When you process DCC transactions through the Elavon Network, you get back a portion of the foreign exchange conversion fee.
- Improve Customer Service
International customers know exactly how much they are spending in their home currency.
- Seamless Process
One statement, one point of contact for all payment processing services.
- Complete Solution
The only end-to-end, closed-loop network offering in the United States from direct treasury exchange rates and transaction processing to back-end reconciliation, settlement and funding.
- Unmatched Experience
Four years of product experience in Europe, supporting more than 12,000 DCC merchants.
- Fewer Chargebacks
Customer’s credit card is billed in exactly the amount that appears on their receipt – no surprises.
- Low Risk
Complete treasury and risk management of exchange rate fluctuations.