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DCC stands for Dynamic Currency Conversion. With it, you give your international customers the option of feeling at home when they make a payment. Thanks to DCC, your customers can pay the purchase amount directly in their card currency.
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For DCC, SIX Multipay uses the Swiss banks’ daily mean rate of exchange – alternating between Credit Suisse and UBS. You as a merchant bear no foreign currency risks because we credit all payments to you in Swiss francs.
Thanks to DCC, you enjoy the following advantages:
- Current daily exchange rates
- Exchange rate guarantee for payment at the POS – a compelling argument in favor of DCC
- You can find the common currencies available for DCC in this PDF
- No extra effort – the same payment processes as before
- Payment of the purchase price to you in Swiss francs
- No currency risks
- A complete overview – DCC transactions are located on the same statement as your other transactions
- Everything from a single source
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DCC pays off for your international customers, too. Whether they pay with Visa, Mastercard, V PAY or Maestro, the cardholder is spared unpleasant exchange rate surprises and also benefits from:
- Currency rate guarantee for payment at the POS – creates trust in DCC
- The cardholder can pay in his/her card currency
- Transparency – your customer immediately sees the amount paid in his/her own card currency on your terminal
- Also attractive for business customers – information for expense reports is immediately available
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We guarantee your international customers the best exchange rate with DCC. If your customer makes a payment on the same day with the same card that is converted using a better exchange rate, SIX Multipay will refund the difference.
It’s that easy:
- Download the exchange rate guarantee refund form
- Send the following documents to the address below:
- Completed and signed exchange rate guarantee refund form
- Copy of the receipt for the payment with DCC (terminal receipt)
- Copy of the credit card bill, or a copy of the bank statement for debit cards, containing the payment without DCC using a better exchange rate
- Send to:
SIX Multipay Ltd Exchange rate guarantee Hardturmstrasse 201 P.O. Box CH-8021 Zürich
SIX Multipay will carefully review the claim. |
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