Dynamic Currency Conversion
Improve Your Bottom Line While Catering To Your International Clientele.
BENEFITS YOU CAN BANK ON
- New Source of Revenue : When you process DCC transactions through the Elavon Network, you get back a portion of the foreign exchange conversion fee
- Improve Customer Service: International customers know exactly how much they are spending in their home currency
- Seamless Process: Still one statement, one point of contact for all payment processing services
- Complete Solution: The only end-to-end, closed-loop network offering in the U.S. From direct treasury exchange rates and transaction processing to back-end reconciliation, settlement, funding, and support
- Unmatched Experience : Leading provider of DCC in Europe, supporting more than 12,000 merchants
- Fewer Chargebacks: Customer's credit card is billed in exactly the amount that appears on their receipt-no surprises
DYNAMIC CURRENCY CONVERSION
People from all over the world flock to the U.S. for vacations, business trips, and educational and medical services. Many U.S. merchants in tourist locations serve international customers from sightseeing tour operators to golf and ski resorts to shopping, dining, and entertainment venues. As you can imagine, most consumers are more comfortable making purchases in their home currencies. Yet 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®, the processor with the #1 rated payment network for availability and reliability.HOW DCC WORKS
With Elavon's DCC service, international Visa® and MasterCard® credit card purchases are converted instantly at the point of sale (POS) to the cardholder's home currency at a very competitive exchange rate-eliminating unpleasant surprises for consumers when their credit card bill arrives. Elavon will rebate a share of the conversion fee to you, generating additional revenue for your business. The more international business you do, the more you improve your bottom line. Best of all, with DCC there are no activation fees, monthly fees, or monthly minimums. Getting started is easy. DCC PAYS YOU BACK
Sample DCC Specialty Retail Merchant (Sept ‘04)
- Bankcard Volume $375k
- Convertible (DCC) Volume $101k
- Payment Processing Bill $11,150
- DCC Merchant Rebate $755
- Bankcard Volume $591k
- Convertible (DCC) Volume $408k
- Payment Processing Bill $12,537
- DCC Merchant Rebate $3,062