Dynamic currency conversion

How it is used

Abbreviated DCC; identify who offers the conversion and which rate and charges are displayed.

Example sentences

1. The terminal offered dynamic currency conversion before the traveller confirmed payment.

   The currency choice appears at the point of payment.

2. The receipt listed the rate used for dynamic currency conversion.

   The displayed exchange rate explains the converted charge.

Common collocations

• dynamic currency conversion offer
• DCC exchange rate

Related terms

• exchange rateThe price of one currency in terms of another, for example how many Turkish lira you need to buy one euro.
• cardholderThe person to whom a payment card is issued and who is allowed to use it; for company cards, the named employee who uses the card.

More terms: Payments & Cards

• credit card
• debit card
• wire transfer
• IBAN
• transaction
• credit limit
• contactless payment
• minimum payment
• direct debit
• chargeback
• merchant
• POS terminal