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FEXCO is a global market leader in the delivery of Dynamic Currency Conversion (DCC) credit card services to merchants and acquiring banks.
The DCC service delivers real value to merchants and acquirers through front-end conversion of foreign card purchases. Consumers benefit from a fully transparent and competitive exchange rate for credit card purchases made abroad or with a foreign based e-merchant.
How can merchants ensure that they are fully compliant with new regulations without incurring the huge costs associated with Chip and Pin?
Many merchants in the restaurant, hotel, car hire and retail sectors now realise that with FEXCO DCC, not only are they able to offer a convenient customer service to their international customer but also generate a new revenue stream.
FEXCO DCC, which if implemented in an environment that handles a significant volume of foreign cards, can help make the business case. The funds received from the gain on the foreign exchange can then be allocated to the fund to help pay for the implementation of Chip and PIN.
For more information on FEXCO Dynamic Currency Conversion, visit www.fexcodcc.com
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