DCC allows the ATM owner to apply the exchange rate to domestic rate for foreign cardholders.
The functionality can then be extended to include Foreign Currency (FX) dispense.
We introduced Dynamic Currency Conversion (DCC) into a network of 600 ATMs, the profitability increased by 45%.
Scope
To optimise DCC functionality you need to have intimate knowledge of the schemes and the processing environment. We introduce DCC and FX through new suppliers or redefinition of existing.
Outcome
- Allows ATM owner to apply exchange rate
- Increased profitability
- Increased service function to encourage more users
