Dynamic currency conversion

Dynamic currency conversion (DCC) allows the customer to be billed in the original transaction currency or the customer’s native currency.

Use cases:

  • Shift currency conversion fees off your customer's cardholder billing statement.
  • Shift some profit from the conversion to you, away from your customer's bank.
  • Increase conversion rates in scenarios where eligible for DCC.

Dynamic currency conversion is both an advanced and a premium feature of Rebilly and comes at additional costs. Please contact your account manager for details.

Configuring DCC

Markup is configured per gateway account in basis points, which are 1/100th of a percent. 250 basis points is the same as 2.50 percent. The available currencies to convert to are determined by the list of currencies associated with the gateway account. You can also configure if any of those currencies should be excluded from presenting a DCC offer.

DCC offers

A DCC Offer is made when:

  • a gateway account selected for the payment has DCC enabled;
  • and the cardholder’s BIN is associated with a different currency than the payment currency;
  • and the cardholder’s BIN is associated with a currency that is in the list of available currencies for the Gateway Account but - not in the DCC excluded currencies list;
  • and it is not a recurring transaction where the cardholder is not present at the device to interact with the offer.

A DCC offer is presented like:

dcc select currency

The markup is calculated from the gateway account configuration and today’s prevailing spot price of the currency.

Payment flow

A DCC Offer utilizes the offsite payments flow. This flow requires the customer to visit an “approval url” where the DCC Offer is presented.

dcc approval URL

DCC offer completion outcome

Before a customer completes the selection, the outcome is unknown. When a customer completes the selection, the customer may take the suggested currency or retain the original currency, and the outcome is suggested or original.

DCC in transactions data table

DCC information is available if you enable the columns from within any transaction data table.

dcc grid

dcc transactions grid

You can enable the grid fields by toggling the columns you wish to see. The markup is always translated to US Dollars.