Universal Money's Dynamic Currency Conversion (DCC) solution will be designed to give merchant acquirers and ATM deployers more revenue and more choice for consumers – while allowing travelers the peace of mind to transact in their home currency.
Universal Money's DCC solution will supports all issuer currencies and is compatible with all participating schemes.
DCC allows the merchant, merchant's bank or ATM operator to charge a markup on the exchange rate used, sometimes by as much as 18%