FlyerTalk Forums - View Single Post - Dynamic Currency Conversion (DCC) [2014-2016]
Old Jul 14, 2015 | 5:54 am
  #2002  
percysmith
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Originally Posted by YuropFlyer
But by forcing / making it super-difficult to opt-out (while it should be opt-in!) they'll have those few % that know exactly what is happening going all-out and report their illegal practice..
That's assuming you have regulators who care.

I think someone clamped down in Taiwan around 2011/2012, so they started off non-compliant in 2011 but turned to compliant in 2012 and thereafter.

In the PRC you have the regulators probably favouring Visa getting screwed.

I don't have direct knowledge about DCC and India but it's not hard for me to believe the banks to be in cahoots with RBI and other regulators.
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