create more value with Dynamic currency conversion (dcc)
WHAT IS DCC?
DCC is a solution for currency conversion when the actual transaction takes place. This means that foreign customers who pay with Visa or MasterCard, will get possibility to pay in own currency or local currency. When customers choose to pay in their own currency, your company receives a commission of 1% of the transaction value.
The exchange rate is set online by Reuters and updated several times during the day.
DKK, SEK, NOK, GBP, EUR, USD, JYP and CHF
COMMISSION TO YOUR COMPANY
Example: With a turnover in foreign currency of DKK 5 million. you will potentially be able to increase your turnover by DKK 50.000.
Our experience is that approx. 70% of all cardholders choose to accept the DCC offer. This actually means an increase in your turnover of DKK 35.000 per. years in the form of DCC commission. Once your terminal is set up for DCC, it all runs automatically.
NOW WITH BEST RATE GUARANTEE
We guarantee to be able to offer the best exchange rate available. If the customer finds that the exchange rate is less favorable than that offered by their own bank, a claim can be submitted to Nets to have the difference made good.
BUSINESS BENEFITS WITH DCC
- Boost revenue
Get 1% of the transaction value when your customers pay with their own currency.
- Easy and simple
Automatic settlement of your DCC commission
- No extra costs
There are no extra costs compared to your existing agreement.
CUSTOMER BENEFITS WITH DCC
No hidden costs, no currency risk - the customers
looks at the exact transaction amount in their local currency
the time of purchase.
- More accurate travel settlements
Business travelers will be able to perform more accurate faster
- Easier to compare prices
Easier for customers to compare prices with prices in the home country
Contact us today and get a non-binding offer for your needs.