7.5
Dynamic Currency Conversion
7.5.1 Introduction
If your terminal is enabled for Dynamic Currency Conversion (DCC), you are able to process
transactions in the cardholder's home currency. This is only offered on credit transactions on
MasterCard and Visa for the following currencies:
United States Dollar (USD), Canadian Dollar (CAD), Euros (EUR), Pounds Sterling (GBP),
Japanese Yen (JPY), Singapore Dollars (SGD), Hong Kong Dollars (HKD), and New Zealand
Dollars (NZD).
Note: The cardholder must be given the choice to pay in Australian Dollars (AUD)
or in their home currency. If the cardholder chooses to continue in their home
currency, the following statement will appear on the receipt and the cardholder must
acknowledge and sign:
"I have been offered a choice of currencies and agree to pay in (home currency)".
I agree to the above statement
DCC is available on the following transaction types:
Purchase
●
Purchase with Tip (Tip Addition is not available)
●
Void
●
Refund
●
Pre-Authorisation & Completion
●
Mail/Telephone Order
●
If DCC is selected the transaction receipt (merchant copy and customer copy) will display the
$AUD amount, exchange rate and the foreign amount.
For DCC transactions processed, you will be settled in the $AUD equivalent while the
cardholder will be charged in their home currency. Their card will be charged the amount that
appears on the receipt.
EFTPOS PROFESSIONAL MOBILE GPRS USER GUIDE
ADDITIONAL TERMINAL FEATURES/OPTIONS
71
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