FlyerTalk Forums - View Single Post - Using Credit Cards in China - The Great CC Rip Off (dynamic currency conversion)
Old Aug 10, 2011 | 9:42 pm
  #471  
percysmith
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Originally Posted by anacapamalibu
Card Processing Salesperson:
You want to make more sales?

Merchant:
I don't want credit cards, fees to high, I lose money.

Card Processing Salesperson:

I can show you a way to cheat the foreign credit card customer so
you pay no fees.

Merchant:

OK, get me a terminal tomorrow and I want a big Visa Mastercard sign for
my window.

Card Processing Salesperson:

Done deal, sign here!^
Something like that. Furthermore, unlike HK/US - there aren't any locally-issued Visa/Mastercards in China. Every card will be subject to the DCC scam.

Of course, I can't say categorically that all merchants install DCC to scam customers or even of their own free will - Secrep Recipe and Lily's don't seem to set out to do either http://www.flyertalk.com/forum/china...l#post16343265 .

However places like Magic Media http://www.flyertalk.com/forum/china...on-27.html#397 , the provincial-city hotel and the Shenzhen golf course have/appear to have installed DCC cos it's not just cost free, it's profitable to them.
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