dynamic currency conversion

Dynamic
currency
conversion
A NEW REVENUE GENERATING
OPPORTUNITY
DYNAMIC CURRENCY
CONVERSION
FEXCO is the market leader in the
provision of Dynamic Currency
Conversion (DCC) to merchants and
partners globally. The DCC service
delivers real value to merchants and
consumers through upfront
conversion of foreign purchases.
BENEFITS TO MERCHANT
Profit from international consumer
transactions, sharing the foreign
exchange margin normally taken by
issuers and card schemes.
Allows merchants to offer a value
added service to their international
consumers.
Each month receive an agreed (%)
of the foreign currency turnover,
for transactions converted in that
period.
Sell in multiple currencies with no
Foreign Exchange (FX) risk as this is
assumed by FEXCO
Dynamic Currency Conversion
offers you the merchant an
opportunity to develop a new
revenue stream from international
transactions.
Your customers will also benefit, as
DCC offers a fully transparent and
competitive exchange rate for
credit card purchases made
abroad. With FEXCO’s DCC
service, the customers are offered
a choice to pay in their home
currency or the merchant’s
currency at the point of sale.
Once a currency is selected by the
customers the transaction remains
in that currency throughout the
entire transaction and settlement
process.
As such, both merchant and
customers know the exact sale
amount at the time of purchase, no
more waiting and guessing
conversion rates. DCC is a more
precise and reliable way to process
your international sales.
INSTANT SATISFACTION
FEXCO’s foreign currency rates
are electronically updated,
ensuring that conversion rates for
each transaction are current for the
day of the transaction.
Customers can conduct business
with confidence, knowing the exact
cost of their purchase before a
credit card statement arrives.
Accessing real time online
Management Information (MIS)
reporting for all DCC transactions.
BENEFITS TO CUSTOMERS
At the time of transaction the
consumer will see the foreign
transaction value in their home
currency.
The sale amount quoted for the
purchase is the exact amount
charged in the consumer home
currency.
Enjoy competitive exchange rates.
Customer service is increased.
Simplifies expense account claims
for business travellers.
FEXCO DCC & THE LOGIC GROUP
The Logic Group provides an integrated payment solution that spans both Store and
Ecommerce payment channels, that automatically recognises eligible cards,
simplifying DCC payment processing for the merchant. When The Logic Group
solution detects that a card is eligible for DCC, it presents the cardholder with a
choice of a transaction currency: local or foreign. The cardholder confirms which
currency is to be used and the necessary information about the selected currency, as
well as an exchange rate and all other DCC specific information, is presented to the
card holder.
Why FEXCO DCC with the Logic Group?
DCC is Applicable to:
Simple API integration
Point of Sale (POS)
Automatic cardholder recognition
eCommerce
Receipts printed with correct
information in compliance with
Card Scheme regulations
Integrated Solutions
Call Centre
HEAD OFFICE
FEXCO Merchant Services
FEXCO Centre
Iveragh Road
Killorglin
Co. Kerry
Ireland
T: +353 66 976 1258
F: +353 66 976 2242
www.fexcoms.com
1210LGPS