Originally Posted by
drewguy
I did check out in person! Yet they still did the "back office" on me.
I misinterpreted what you had said in the previous post since you had mentioned express checkout.
Originally Posted by
drewguy
The only arguable benefit "people want to know what the charge will be in their home currency"...
This is the purported benefit of DCC or to mitigate potential exchange rate risks. However, I've noticed that my Visa cards for the most part have been using the transaction date exchange rate when previously they had been using the posting date exchange rate.
Historically, DCC wasn't as big of a scam as it is today. DCC offers of 3% or so were common, and cards used to charge a currency exchange fee. Ironically, it benefitted one historically to accept DCC at up to 3% since you'd get rewards on the whole transaction amount. As cards switched to foreign transaction fees and more and more cards began to offer 0% FTFs, accepting DCC no longer made sense.