FlyerTalk Forums - View Single Post - Dynamic Currency Conversion (DCC) [2014-2016]
Old Oct 11, 2015 | 2:42 am
  #2112  
AllieKat
 
Join Date: Nov 2012
Posts: 3,537
Originally Posted by tng11
What is painful is seeing how many people fall for the DCC scam. People see their home currency and think they're getting a deal. I've seen quite a few people selecting DCC for ATM withdrawals at UK airports, where the rates built in a 12% markup, no better than exchanging money at the bureaux de change counter at the airport!
That's the thing, the MAJORITY of customers want DCC, even when they know the exchange rate markup, I think most people are indifferent - they'll try to opt-out if possible (usually) if they know the difference, but they don't really care much.

That's how DCC survives. There's no real alternative. Amex, but they have very few FTF-free cards. Discover can stop DCC, but as I learned it can also result in FORCED DCC.
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