Dynamic Currency Conversion (DCC) definition
Dynamic Currency Conversion (DCC) means a service offered by certain overseas merchants to provide a choice to pay in Ringgit Malaysia (RM) (including online purchases) for overseas purchase.
Dynamic Currency Conversion (DCC) means a service that allows a merchant to offer international cardholders the option to pay in a local currency rather than the currency applicable to the Credit Card used at the point-of-sale.
Examples of Dynamic Currency Conversion (DCC) in a sentence
CVV2/CVC2 (Card Verification Value/Code) Dynamic Currency Conversion (DCC) – Service enabling the calculation of Payment Transaction amounts into the currency specified by the Cardholder.
Rates of exchange may vary based on transaction, processing or settlement date, cross-currency conversions, network rates and/or regulatory rates, cardholder selected options including, but not limited to, Dynamic Currency Conversion (DCC) selected with the Merchant, which may increase the overall final cost or posted amount of the transaction.
If approved by ▇▇▇▇▇, Merchant may offer Dynamic Currency Conversion (DCC).