Currency Conversion (DCC)

Post on 05-Jan-2022

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Transcript of Currency Conversion (DCC)

Increase your ATM network profitability by up to 40% by utilising RBCG’s Dynamic Currency Conversion (DCC) RBCGwasthefirsttotakeDCCintoEurope,weareexpertsinthefieldandcandramaticallyenhanceyourbusiness.

BackgroundWeintroducedDynamicCurrencyConversion(DCC)intoanetworkof600ATMs,theprofitabilityincreasedby45%.

DCCallowstheATMownertoapplytheexchangeratetodomesticrateforforeigncardholders.

ThefunctionalitycanthenbeextendedtoincludeForeignCurrency(FX)dispense.

TooptimiseDCCfunctionalityyouneedtohaveintimateknowledgeoftheschemesandtheprocessingenvironment.

SolutionIntroduceDCCandFXthroughnewsuppliersorredefinitionofexisting.

Client Benefits• Increasedprofitability• Increasedservice

functiontoencouragemoreusers

• AllowsATMownertoapplyexchangerate

The facts

www.retail-bcg.com

Users:

ATM Network owners

ProjectUK, European ATM Network owners and banks.

Location for DCCUK, Europe

ServicesDynamic Currency Conversion through knowledge of Visa & Mastercard rules.Extend to Foreign Currency dispense.

45%provenincreaseinprofitabilitywithDCC