Business Overdrafts
Be financially flexible with a business overdraft.
Give your business a global reach by offering international cardholders more options to pay in currencies they recognise.
If your point of sale device offers DCC when a cardholder presents their card our systems automatically recognises the cardholder’s currency and that they are eligible. The device screen then provides them with the option to pay in their own currency.
Cardnet is able to provide DCC via our integrated payment gateway which provides online and in-person payment services including DCC. We are also able to work with some third parties you may use to provide your ecommerce services.
You will receive revenue based on each converted DCC transaction. A converted DCC transaction means that a cardholder has chosen to pay in the currency amount and not the Sterling amount.
Businesses that operate in hospitality and retail often see a great benefit from introducing DCC , tourists and overseas business travellers welcome the option of currency payments. Merchants from the education sector often take fees from overseas students and can find DCC particularly beneficial. However, DCC can be for any business which will transact with overseas cardholders.
No, Cardnet will settle DCC transactions to you in GBP.
DCC is available to all legal entities.
DCC is available on some solutions. Please contact us to discuss the best one for your business.
DCC is available to Visa and Mastercard cardholders only. We offer many currencies, please contact us for an up to date list.
No, the transaction amount is guaranteed.