Dynamic Currency Conversion
Dynamic Currency Conversion (DCC) allows foreign MasterCard
®
and Visa
®
credit
cardholders in the U.S. to have their purchases instantly converted at checkout into their
local currency. The U.S. dollar amount, conversion rate, and local currency amount are all
shown on the receipt.
The transaction amount that appears on the cardholder’s monthly statement matches the
amount signed for at the time of purchase, preventing surprises once back at home.
Transactions are settled in U.S. dollars.
Foreign Currencies Supported
Dynamic Currency Conversion currently supports foreign-issued Visa
®
and MasterCard
®
credit cards issued in the following currencies:
Currency Type
Currency Code Symbol
Australian Dollar
AUD
$
Canadian Dollar
CAD
$
Euro
EUR
€
Japanese Yen
JPY
¥
British Pound
GBP
£
Special Processing Requirements Summary
Cardholders must be informed that the DCC transaction is optional and that they have a
choice of having the transaction processed in their home currency or in U.S. dollars. The
cardholder must agree to the DCC transaction.
A DCC purchase transaction doesn’t require anything special at the start of a transaction
– the cardholder’s card is processed just as always. When the response comes back and
the receipt is printed, the clerk will be prompted to ask the cardholder if they accept the
currency conversion option.
Transaction Flows And Reports
Included is a summary of the differences that you need to be aware of when running DCC
transactions, including receipts, special processing requirements and unique reports.
Dynamic Currency Conversion
Quick Reference Guide
