Originally Posted by der_saeufer

I'm sure that every bank in Spain that has been listing a 0.5% markup and charging a markup closer to 5% will totally cut it out now that there's an EU directive (/s). Just like all the institutions (including the European Parliament!) that still ignore the 2011 directive banning IBAN discrimination and all the airlines that fight claims for delay compensation that they're clearly obligated to pay.



Probably just standardization across markets. A lot of currencies use the $ symbol, but there's no question what currency you used when the slip says "USD". DCC seems a lot less common in the U.S.--I know it exists but I've paid with EUR cards a fair bit and never seen it firsthand, whereas paying with USD cards in some parts of Europe it was ubiquitous.