FlyerTalk Forums - View Single Post - Using Credit Cards in China - The Great CC Rip Off (dynamic currency conversion)
Old Apr 20, 2011 | 10:30 am
  #232  
anacapamalibu
Ambassador: China
 
Join Date: Oct 2005
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Originally Posted by moondog
Yeah, for me the idea of the merchants not getting a piece of the pie doesn't pass the smell test. When someone designs a profit making scheme like DCC, they usually take the people on the front lines into account.
The merchant is obviously going to push it. It makes them more money.
They sign an agreement to offer a choice, if they lie to the customer the
bank is off the hook.


DCC carries no activation fees, monthly fees or monthly minimums – getting started is easy.
• Best of all, Elavon will rebate a share of the conversion fee to you, offsetting card acceptance costs by generating additional revenue for your business.

Earn commissions on all
foreign currency transactions.


https://www.chase.com/cm/crb/sbfs/fi...SalesSheet.pdf

Last edited by anacapamalibu; Apr 20, 2011 at 10:53 am
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