Surface transport is a prime market vertical for DCC particularly car rental, cruise liners, rail and motor vehicle as all of these verticals receive high amounts of foreign card transactions. Fexco’s DCC service enables surface transport merchants to earn additional revenue from existing international card transactions. Fexco’s seamlessly integrated technology and treasury solutions have meant that surface travellers worldwide are now benefiting from paying in their home currency.
Regardless of whether it is a micro or full payment, the merchant’s revenues are increased by a significant percentage on each transaction without any additional cost to the consumer.
Benefits to Surface Transport Merchants and Travellers
Benefits to Surface Transport Merchants
DCC generates an additional revenue stream from existing international transactions.
Zero FX Risk
There is no foreign exchange risk – this is fully managed and absorbed by Fexco.
Guaranteed Commission Share
Fexco’s Fully Managed Treasury Solution guarantees the merchant a share of commission.
Real Time Reporting
Access to Fexco’s online reporting tool for interactive and dashboard reports that allow comprehensive tracking and monitoring of the entire DCC opportunity.
Benefits to Surface Travellers
Experience instant conversion to a familiar currency.
Cardholders are given the choice to pay in their home currency with full disclosure of exchange rate and margin.
Cardholders enjoy a competitive foreign exchange rate.
No Additional Cost
DCC is not an additional cost or fee; it simply replaces the normal currency conversion process applied by the card schemes and issuers.
Fexco Dynamic Currency Conversion Details
Registered address: Fexco Centre, Iveragh Road, Killorglin, Co. Kerry, Ireland