Originally Posted by
Loren Pechtel
Why don't the banks change the rules so inappropriate DCC results in the entire charge being denied rather than only the extra amount? As it stands it's basically a zero-risk game for the bad guys--the worst that happens is they lose the extra.
I imagine the banks and issuers both get a piece of the DCC charge in addition to the merchant. Even if they don't get a piece, DCC results in higher swipe amount which equals more money for banks/issuers.
On the topic of China and DCC, how is Amex acceptance in the major cities like Beijing/Shanghai?