Dynamic Currency Conversion experiences
Dynamic currency conversion (DCC) is a service which converts foreign currencies to domestic currency when a shopper or traveler conducts purchases or uses an ATM while residing in another currency area.
Although this service shows the user the transaction costs in his/her home currency and hence mitigates uncertainty as to which amount will be debited to the bank account, this service comes at a cost.
On this website (see Experiences), several pictures and screenshots are presented. The aim is therefore to make the costs of DCC more transparent. Ultimately, this should aid consumer decision making when confronted with a choice to pay in local or foreign currency.