Assertion: currency conversion | /r/HasProperty | dcc
Facets:
Source sentences:
text: A Merchant or ATM Acquirer that offers Dynamic Currency Conversion (DCC) must comply with all of the following: . . .
text: It is calculated by your credit or debit card payment processor (in the case of a purchase)—or your ATM network (in the case of a withdrawal)—or it can be calculated at the point of sale by using a system called dynamic currency conversion (DCC).
text: Dynamic currency conversion (DCC) is usually more costly than currency conversion through the credit card processor, but it lets you see the cost of your transaction in U.S. dollars when you make it as opposed to when you get your credit card bill.
text: Dynamic currency conversion (DCC) or cardholder preferred currency (CPC) is a process whereby the amount of a Visa or MasterCard transaction is converted by a merchant or ATM to the currency of the payment card's country of issue at the point of sale.
text: Visa Chargeback reason code 76 explicitly covers situations where the "Cardholder was not advised that Dynamic Currency Conversion (DCC) would occur" or "Cardholder was refused the choice of paying in the merchant’s local currency".