Dynamic Currency Conversion
Access A World Of Sales Opportunities
If you have an e-commerce business or you’re a mail/telephone order merchant, you know the world is now your marketplace. Anyone, anywhere, could be a potential customer. So how do you take advantage of this lucrative situation?
First Data offers Dynamic Currency Conversion, so you can sell your products and services in over 60 foreign currencies and receive payments directly in U.S.dollars.
Dynamic Currency Conversion
Millions of international tourists visit the United States each year, spending billions on retail, lodging, meals and other items. GlobalChoice Currency Conversion is the easiest way for a merchant to offer DCC in a Card Present environment, giving their international customers the choice to pay in their own currency, and providing them with the enhanced purchase experience they prefer.
When your international customers and clients present their international credit cards to pay for your products and services they really know how much they are paying.
You receive a deposit of $200 USD in your designated business bank account.
The customer will see a charge of approximately 179 Euros based on the current exchange rate (August 2019), on their credit card statement.
Dynamic Currency Conversion
Millions of international tourists visit the United States each year, spending billions on retail, lodging, meals and other items. GlobalChoice Currency Conversion is the easiest way for a merchant to offer DCC in a Card Present environment, giving their international customers the choice to pay in their own currency, and providing them with the enhanced purchase experience they prefer.
You can make the shopping experience much more pleasant and meaningful for your international customers, and earn some additional income (a percentage of the currency exchange), by using First Data’s Dynamic Currency Conversion Solution to charge customers in their own currency at the time of their purchase.
Benefits To You, The Merchant
- Sell in foreign currencies and receive payments in U.S. dollars
- Earn additional revenue on every transaction processed in a foreign currency
- Gain access to the global marketplace
- Eliminate exposure to risk resulting from exchange rate fluctuation
- Provide international clients the feel of a local shopping experience
- Reduce the total cost of accepting Visa® and MasterCard® issued outside the United States
- Expand your reach by processing global currencies
- Accept transactions in over 60 currencies
- Drive higher repeat business
- Reduce your total cost of acceptance
- No need to have a foreign bank account
- No special set-up required with your financial institution
- Fully integrated into multiple POS solutions and payment devices
Consumer Benefits
- Make payments in their own currency without hidden charges or fees
- See a credit card statement matching the currency printed on their receipt
- Full disclosure of the exchange rate being applied at the time of purchase
- Can avoid being charged additional foreign transaction feesIt’s a big world out there, and it’s time for you to make the most of it.
Let's Work Together
Get in touch and ask us for a quote or ask a question about what solutiuon is best for your business. We’re here to help.