Dynamic Currency Conversion (DCC) is a feature that allows your customer to see the cost of a transaction in both Canadian dollars and in a foreign currency when that customer pays with a foreign Visa® or MasterCard® credit or debit card. DCC adds value to each transaction by displaying real-time, on-the-spot currency conversions. It allows your international customers to pay in Canadian dollars or in their own currency. For example, a customer from the United States makes a purchase in your store. When that customer pays with their US dollar Visa or MasterCard, they will be able to see the total purchase amount in US dollars as well as Canadian dollars and then select the currency they prefer. This guide provides you with instructions on how to use DCC on your terminal so that you can obtain the maximum benefit from this feature.
Once you sign up for DCC, Moneris will activate the feature on your merchant account. You must reinitialize your terminal with the Moneris host in order to start using DCC. To reinitialize your terminal, refer to the Moneris Reference Guide included in your Welcome Kit.
DCC is available for these cards only:
• Visa and MasterCard credit cards issued in a foreign currency
• Visa and MasterCard pre-paid credit cards issued in a foreign currency
• Visa and MasterCard debit cards issued in a foreign currency
For the purpose of this document, all references to credit cards also include foreign Visa and MasterCard debit cards.
Moneris supports 90 foreign currencies. For a complete list, please visit moneris.com/currencylist or contact Moneris Customer Care at 1-866-319-7450.
To find out more about the DCC feature and how to use it, click on the links below:
• DCC Cardholder Prompts on the Terminal
• DCC Cardholder Prompts on the PINpad when using the iCT250 with an external PINpad
• DCC Voice and Pre-auth Advice
• DCC Advice with Voice Authorization Number (Force Post)