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17.3 Customer Preferred Currency
Customer Preferred Currency (CPC) has been activated on ANZ multiPOS Turbo and
multiPOS Mobile terminals for eligible merchants who deal with overseas credit
cardholders within selected merchant categories. ANZ will advise merchants if CPC has
been activated on their terminal(s).
This optional feature is offered in association with The Royal Bank of Scotland and
allows merchants to offer overseas MasterCard and Visa credit cardholders the option
of converting Australian currency purchases into a customer’s card billing currency at
the time of purchase.
CPC may help to reduce the confusion that can be associated with overseas
Transactions for both you and your customers. It allows a customer to verify that the
displayed price at the point of sale will be the same as the final charge appearing on
the customer’s credit card statement.
The CPC feature can be removed from your facility by contacting ANZ Merchant
Services on 1800 039 025.
How it Works
CPC identifies the credit card’s country of issue and offers the cardholder the option of
paying for the goods or services in their billing currency at the time of purchase.
The exchange rate and price in the cardholder’s billing currency are displayed on the
terminal making the process for currency conversion easier for both you and your
customers.
CPC complies with operating requirements for credit cards issued by MasterCard and
Visa.
Your settlement is unaffected with funds continuing to settle into your account in
Australian Dollars.
Currencies Available
CAD Canadian Dollars
HKD Hong Kong Dollars
SEK
Swedish Krona
CHF
Swiss Franc
JPY
Japanese Yen
SGD Singapore Dollars
DKK Danish Krone
MYR Malaysian Ringgit
THB Thai Bhat
EUR Euro
NOK Norwegian Kroner
USD US Dollars
GBP Pounds Sterling
NZD New Zealand Dollars
ZAR
South African Rand
* Available currencies may vary from time to time.
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