Dynamic Credit Card, Currency Conversion

Posted by Britney Chan on May 12, 2010 1:16:00 PM

On April 28, 2010, Visa announced amendments to their Operating Regulations regarding Dynamic Currency Conversion (DCC). Amongdynamic currency conversion these amendments is a mandate that prohibits the ability to set merchants up with DCC effective May 1, 2010. In order to remain compliant, NTC Texas has immediately suspended all new DCC sales. This includes offering DCC to existing merchants or additional locations. Only merchants actively offering DCC as of April 30, 2010, will be allowed to continue offering DCC.

Tags: Credit Card Processing