International Transactions

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

Dynamic Currency Conversion
 Payment Services

When processing international transactions,
Dynamic Currency Conversion
 (
DCC
) is a service that enables you to convert a transaction amount from a merchant's local currency to the cardholder's billing currency in real time. This service is regulated by Mastercard and Visa.
The
DCC
 service enables you to choose your own currency-conversion service provider for
DCC
. This setup helps you comply with Mastercard and Visa payment processing rules and other regulations for these transaction types.
The currency conversion is performed directly between you and your
DCC
 service provider before authorizing a network-compliant
DCC
 transaction on your processor connection.
These card types support
Dynamic Currency Conversion
 transactions:
  • Mastercard
  • Visa

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.