How does the DCC system work?
When your customer uses their Visa or MasterCard to settle their bill, the Fintrax DCC software on your payments terminal will offer your customer the choice of paying the bill in either their billing currency or in your local currency. The terminal automatically recognises the currency in which the card is issued and will offer your customer the option of paying their bill in their billing currency or in your local currency. If the customer selects to pay in their billing currency, the transaction amount in their local currency will appear on their statement. (*subject to issuing banks pricing policies). The total transaction amount will appear in your local currency on your end of day report and you will be settled in your local currency. The Fintrax terminal will accept all payment cards e.g. American Express, Diners etc.
