Originally Posted by
Majuki
I would be able to live with DCC if all transactions were to abide by the following rules:
- Having the cashier inform the customer of the option to pay in local or the card's issued currency
- Showing the customer the offered exchange rate should the customer accept DCC
- Demonstrating to the customer the steps necessary to opt in to DCC (currently DCC is greatly biased toward an opt-out process and is usually the default option; with the "ideal" DCC I would have the default be to opt out)
- Confirming the currency choice to the customer
- Not trying to coerce or influence the customer into accepting DCC
- Handing the customer a final receipt that confirms the total amount and denomination charged (no quote slips or tick boxes allowed on the final receipt)
.
Actually if Apple can do it, wouldn't it be too hard for Visa and MC to certify the firmware used in each DCC processor's implementation and only accept DCC transactions from terminals with certified firmware?
An unauthorised firmware that always DCC should be banned from a system under such a system, just like MDM software stopping jailbreaks?
I think it is technically feasible. However, Visa and MC couldn't be arsed to do it I suspect - bad for their business. They just want the antitrust immunity whilst boosting their top line as much as possible - they don't give a rat's arse about the cardholders.