Dynamic Currency Conversion
Dynamic Currency Conversion (DCC) offered by Monex Financial Services is a unique service that allows credit card transactions to be processed in the cardholder's home currency when purchasing in foreign country. This means benefits and savings for merchant banks, merchants and cardholders.
Merchant banks generate additional revenue by retaining a percentage of the foreign exchange margin added to all DCC transactions. The more foreign cards you accept , the more you improve your bottom line. With Monex’s DCC there are no activation fees, no monthly fees and no monthly minimums. Getting started is seamless.
Merchants also share in additional revenue generated from every transaction. The purchase is settled in local currency but the foreign exchange levy at the point and time of sale is locked in. This added value is very attractive to any business with a high percentage of foreign Credit card transactions.
Landmark Group is the North American representative for the Monex Financial Services DCC offering. Please contact us for details.
Landmark Group
- 8400 Normandale Lake Blvd.
Suite 920
Minneapolis, MN 55437 -
(952) 996-0883
Fax (952) 996-0890 -
info@landmarkgroups.com
