PayAdmit can provide DCC via our integrated payment gateway, which enables online and offline payments. We can also collaborate with third parties you may use to provide your business services.
WHAT IS DYNAMIC CURRENCY CONVERSION, AND HOW DOES IT WORK?
Dynamic currency conversion is a financial service that allows customers from different countries to make payments in their home one. Here is how it works:
- Payment initiation on the merchant’s payment terminal or the online checkout form.
- Automatic card detection and price conversion.
- Local or home currency selection.
- Transaction completion along with the receipt.
- Transaction settlement in the selected currency.
Activate DCC and grow your revenue with every international transaction!
REASONABLE DYNAMIC CURRENCY CONVERSION FEE AND OTHER BENEFITS FOR YOUR BUSINESS
The dynamic currency conversion fee is a fee for converting foreign currency into the local one. It will be charged when a transaction is made through a foreign bank card for purchasing goods and services. The opportunity to save costs is not the only benefit for merchants.
- Quick activation.
- Business expansion across borders.
- Additional source of income.
- Checkout transparency.
- Less payment confusion and more clarity.
Integrate the DCC payment service, and watch your company become a desired destination for international customers.
WHY USE DYNAMIC CURRENCY CONVERSION FROM PAYADMIT?
For merchants, DCC can be a powerful way to enhance the customer experience and gain a new source of revenue. At PayAdmit, we can help your business integrate the DCC transaction service, making it easy to accept cross-border payments. We provide the tools, expertise, and support worldwide.
Serve your customers who carry out international transactions!
FREQUENTLY ASKED QUESTIONS
How can you add DCC to your corporate website?
What currencies are accepted via dynamic currency conversion?
Our service supports the major international currencies, including euros and dollars. If the card is issued in the supported currency, we will offer the customer to make a transaction in it.
Can DCC enhance customer satisfaction with your business?
Your customers can enjoy accessibility, flexibility, and transaction transparency. They can check the exact amount they will be charged in their card’s currency, gaining trust in your business.
What are the benefits of DCC for customers?
DCC offers customers the convenience of paying in their local currency, enabling cost transparency, reducing confusion over exchange rates, and enabling easy cost tracking when making payments abroad.
How does DCC offer transparency and potential savings?
DCC offers complete transparency, allowing the customer to see the price in both local and home currencies.
Can you use DCC for contactless payments at your company?
Yes, you can use it for contactless cards and mobile wallets, including Apple Pay and Google Pay. This recent update allows you to guarantee a smooth experience for your international customers.
What foreign currencies are available for the DCC transaction?
DCC covers over 40 currencies from different countries worldwide. Check the whole list of available currencies in advance.
Is there a special fee for businesses to activate DCC?
No, businesses can activate the dynamic currency conversion service at no extra cost.
What happens if the customer decides not to use dynamic currency conversion?
The transaction is processed in the local currency without any direct impact on the customer experience.
How are exchange rates estimated?
Exchange rates are updated in real-time by your payment processor to ensure accuracy and transparency.