Currency Conversion (DCC) - RBCG · Currency Conversion (DCC) RBCG was the first to take DCC into...
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Increase your ATM network profitability by up to 40% by utilising RBCG’s Dynamic Currency Conversion (DCC) RBCG was the first to take DCC into Europe, we are experts in the field and can dramatically enhance your business. Background We introduced Dynamic Currency Conversion (DCC) into a network of 600 ATMs, the profitability increased by 45%. DCC allows the ATM owner to apply the exchange rate to domestic rate for foreign cardholders. The functionality can then be extended to include Foreign Currency (FX) dispense. To optimise DCC functionality you need to have intimate knowledge of the schemes and the processing environment. Solution Introduce DCC and FX through new suppliers or redefinition of existing. Client Benefits • Increased profitability • Increased service function to encourage more users • Allows ATM owner to apply exchange rate The facts www.retail-bcg.com Users: ATM Network owners Project UK, European ATM Network owners and banks. Location for DCC UK, Europe Services Dynamic Currency Conversion through knowledge of Visa & Mastercard rules. Extend to Foreign Currency dispense. 45% proven increase in profitability with DCC
Transcript of Currency Conversion (DCC) - RBCG · Currency Conversion (DCC) RBCG was the first to take DCC into...
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
