Smart Alternative to Conversion Fees

People from all over the world visit the United States for vacations, business trips, and educational and medical services. 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.  Now, there’s a smart alternative: Dynamic Currency Conversion (DCC) from Whitney Merchant Services.

How DCC Works

DCC provides international VISA® and MasterCard® cardholders an option to pay for goods or services in their home currencies. 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 upon their return home.

BENEFITS YOU CAN BANK ON:

• New Source of Revenue - When you process DCC transactions through Whitney Merchant Services, you get back a portion of the foreign exchange conversion fee as a rebate on your monthly statement.
  

• Improved Customer Service - International customers know exactly how much they are spending in their home currency.
  

• Seamless Process -  You as the merchant have one statement and one point-of-contact for all payment processing services.
  
  
• Complete Solution - The only end-to-end closed-loop currency conversion network offered in the U.S. -- from direct treasury exchange rates and transaction processing, to back-end reconciliation, settlement, funding and support.
  
  
• Unmatched Experience – Elavon has been a leading provider of DCC in Europe for the past several years and has implemented the same technology in the U.S.
  
  
• Fewer Chargebacks – The customer’s credit card is billed in exactly the amount that appears on their receipt — no surprises.
  
  
• Many Currencies Accepted - Australian Dollar, Canadian Dollar, Euro, Japanese Yen & British Pound.
  

For more information, simply call (866) 949-6790, click here, or visit your nearest Whitney branch.