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What is DCC and why can it be expensive
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It should not come as a surprise that with the development of technology and the progressing digitalization of our lives, new opportunities are emerging. One of them is “Dynamic Currency Conversion”, commonly known as DCC. In the past, exchange offices were the basic way of exchanging money for another currency. Unfortunately, this solution has its drawbacks. First of all, you need to find such an exchange office and bother to make a transaction. The exchange rate in such office, does not necessarily correspond to the real value of both currencies. It must finally earn a living. Airport exchange offices, for example, usually offer extremely unfavorable rates for customers. It should not come as a surprise that with the development of technology and the progressing digitalization of our lives, new opportunities are emerging. One of them is “Dynamic Currency Conversion”, commonly known as DCC. Kind of important DCC services enable foreign customers with Mastercard, VISA ...
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