FlyerTalk Forums - View Single Post - DCC: Dynamic Currency Conversion (2017-2025)
Old Nov 11, 2018 | 4:33 pm
  #516  
tmiw
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Originally Posted by Some person
From EU Regulation 2018/302 (applies from 3 December):Let's say that a customer uses a card issued in an EU country and denominated in currency ABC, but that the merchant's local currency is XYZ.

Assume that the merchant wishes to offer DCC, allowing the customer to pay in currency ABC instead of XYZ. Is the merchant then bound, by the anti-discrimination clause, to also offer local customers with XYZ-denominated cards a choice between currencies ABC and XYZ, with the same order of preference in on-screen menus? If so, then this regulation might be what finally stops DCC within the EU (at least for EU cardholders) as local customers would be surprised if terminals were to offer payment in dozens of foreign currencies in addition to local currency.
From what I'm reading this may only apply to cards issued in the EU. If that's the case, I doubt this regulation will be what kills DCC.
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