Fexco – the leading independent global provider of Multi-Currency Pricing (MCP) and Dynamic Currency Conversion (DCC) services has today announced a partnership with Procesos de Medios de Pagos S.A. (Procesos), the premier MasterCard acquirer and processor service provider in Peru.
This partnership will see Fexco’s DCC solution offered to Procesos merchants meaning that international visitors to the country will, for the first time, have the choice and convenience of paying for goods and services in their home currency when using their MasterCard in Peru.
The collaboration has seen Fexco’s DCC solution fully integrated into the Procesos payment network offering multiple benefits for consumers including a more customised and transparent shopping experience as well as the ability to better determine value on a purchase in a currency they are familiar with.
Denis Cleary, Managing Director of Fexco DCC, comments: “Today’s announcement demonstrates a significant milestone for Fexco as we further extend our service into South America, and for the first time, into Peru. This collaboration leverages Fexco’s unrivalled expertise in MCP and DCC to offer a world class solution to Procesos. We are delighted to announce this partnership and greatly look forward to working together.”
Felipe Venturo, CEO of Procesos de Medios de Pagos S.A. commented, “The collaboration between Fexco and Procesos is an extremely important one for Peru, a country that is enjoying increasing international visitor numbers both for business and vacation. Our goal is to continue to innovate so we can better serve our merchants and their customers. This partnership delivers our merchant base a trusted payment solution which in-turn allows their customers to better determine value on their purchase in a currency they’re familiar with.”