Originally Posted by
Majuki
I was under the impression that the acquirer takes care of the currency exchange and not the merchant. I assume the merchant would get paid in local currency from the POS bank, and the bank would perform the currency exchange, splitting the profits from DCC with the merchant based on the profit sharing agreement, if any. In fact, this is probably exactly how merchants get tricked into allowing DCC at their establishments, and we've seen this in a number of the brochures made for merchants. This goes back to my
winners and losers of DCC post.
I agree with this. But why not so much DCC in France, a country deemed not so much in order? If it's pure profit for merchants, why the merchants in the country with the most horrible tourism-related stories in Western Europe get on the wagon?
Please don't get me wrong. It's just for the sake of discussion.