International Transactions

Consider these dynamic currency conversion and merchant remittance funding when processing international transactions.

Dynamic Currency Conversion

Dynamic Currency Conversion
(
DCC
) is a service that enables users to conver the price of a transaction from a merchant's local currency to the customer's billing currency in real time. It is regulated by Mastercard and Visa.
The
DCC Gateway
service allows users to choose thier own service provider for
DCC
while complying with Mastercard and Visa payment processing rules for
DCC
transactions. The currency conversion is performed directly between the user and a third-party provider prior to authorizing a network compliant
DCC
transaction on their processor connection.
Using the
DCC Gateway
option, you can comply with card mandates and other regulations while using a third-party currency conversion service.

Merchant Remittance Funding

You can request that the transaction proceeds be converted to another currency. Currency conversion uses a foreign exchange rate to calculate the conversion to the requested currency. The foreign exchange rate might be explicitly stated as a rate or implicitly stated as a transaction amount. The funded amount and can vary from day to day. The foreign exchange rate might also include an increase for the foreign exchange risk, sales commissions, and handling costs.