People from all over the world flock to the U.S. for vacations, business trips and educational and medical services. Many U.S. merchants in tourist locations serve international customers such as sightseeing tour operators, golf and ski resorts, retail shopping, dining, and entertainment venues. As you can imagine, most consumers are more comfortable making purchases in their home currencies. Yet typically, credit card payments are made in U.S. dollars and converted later to the buyer’s home currency with the card holder paying a conversion fee to the card issuer. The visitor doesn’t learn how much they paid in their own currency until they get their statement. Now, there’s a smart alternative: Dynamic Currency Conversion (DCC) from Servistree, the merchant service provider with the #1 rated payment network for availability and reliability powered by Elavon®

Dynamic Currency Conversion converts dollar amount to the visitor’s home currency at the point of purchase, so they see their total in their own currency. With Servistree’s Currency Conversion service, international Visa® and MasterCard® credit card purchases are converted instantly at the point of sale (POS) to the cardholder’s home currency at a very competitive exchange rate. This eliminates unpleasant surprises for travellers when their credit card bill arrives. Elavon will rebate a share of the conversion fee to you, generating additional revenue for your business. The more international business you do, the more you improve your bottom line. Best of all, with Currency Conversion there are no activation fees, monthly fees or monthly minimums.

• Improved customer service, your international customers know exactly how much they are spending in their home currency.
• New source of revenue, you receive a portion of the foreign exchange conversion fee.
• You get fewer chargebacks.
• Your customers enjoy a very competitive currency conversion rate.

See how Dynamic Currency Conversion pays you back

Example: Specialty Retail Merchant

• Bankcard Volume $375k
• Convertible Currency Conversion (DCC) Volume $101k
• Payment Processing Bill $11,150
• Dynamic Currency Conversion Merchant Rebate $755

To learn more about our currency conversion contact us today at 1-866-944-3244 or sales@servistree.com or visit www.servistree.com. Keep up with the latest news and information and other small business news by subscribing to our blog by clicking here.