Curry Solutions

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hypercomt7Electronic merchant processing has become the standard for accepting payments for products or services rendered. It comes in a variety of forms depending on the type of business that is involved.

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Dynamic Currency Conversion

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Improve Your Bottom Line While Catering to Your International Clientele

People from all over the world come to the U.S. for vacations, business trips, second homes, educational opportunities and medical services. Typically, credit card payments are made in U.S. dollars and converted later to the buyer’s home currency with the cardholder paying a conversion fee to the card issuer. Now, there’s a smart alternative: Dynamic Currency Conversion (DCC) from Elavon.

Improve Service for International Customers


With DCC, your international customers will know exactly what their total purchase is in their home currency. Conversion rates are typically much more competitive than those at money exchange booths or hotels. Each receipt shows the purchase in U.S. dollars, the conversion rate, plus the cardholder’s home currency amount. This makes it easier for travelers to reconcile purchases when
paying card balances.

Elavon’s DCC service converts U.S. dollars into a variety of currencies, including:
• Euro • Japanese yen
• British pound • Australian dollar
• Canadian dollar

DCC Pays You Back

Elavon shares the income generated by processing foreign transactions and rebates a percentage of the conversion fees to you on your monthly processing statement. The more international business you do, the more you improve your bottom line. Plus, because the amount on the receipt matches that on the cardholder’s statement, DCC reduces the number of chargebacks due to unrecognized amounts.

Elavon’s DCC service works with all MasterCard® and Visa® credit cards from countries with supported currencies. Conversion rates are accurate, market-driven, and updated daily. And fees are very competitive.

Improved Service for your International Customers

Elavon’s Dynamic Currency Conversion solution helps your international customers feel more at home, while helping you improve your bottom line.

DCC Service Features:

• International Visa and MasterCard credit card purchases are converted instantly at the point of sale (POS) to the cardholder’s home currency.
• Conversion is made at a very competitive exchange rate – eliminating unpleasant surprises for consumers when their creditcard bill arrives.
• DCC carries no activation fees, monthly fees or monthly minimums – getting started is easy.
• Best of all, Elavon will rebate a share of the conversion fee to you, offsetting card acceptance costs by generating additional revenue for your business.

How DCC Works

DCC doesn’t require clerks to identify authorized international credit cards – transactions are initiated like always, with a card swipe. When the transaction is sent for authorization, Elavon’s network will automatically determine if it is a foreign DCC-qualifi ed card. If it is, the terminal will prompt the clerk to confi rm the conversion with the cardholder and a DCC receipt will print. Funds are settled in U.S. dollars, and reports clearly indicate both foreign and U.S. dollar amounts. currently charged to the cardholder by card issuers.

 
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