Acquirers
FEXCO is the global market leader in the provision of Dynamic Currency Conversion (DCC) services. We enable over 25 acquiring banks to process more than 750 million transactions per annum.
Offering DCC has many benefits for the Acquirer.
- New Revenue Stream. By offering a DCC service to its existing merchant customer base, an Acquiring Bank generates extra revenue on each transaction carried out via this increasingly popular method of payment.
- Enhanced Product Offering. As a growing number of cardholders turn to DCC for their foreign currency transactions, many merchants now demand that their Acquiring Banks provide a service that can be seamlessly integrated into their operations.
- Competitive Advantage. DCC enables an acquirer stand out from competitive plays with other acquirers particularly in RFPs . It enables the acquirer take advantage of extra pricing flexibility when viewing the value of an acquiring book to include DCC returns.
