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Dynamic Currency Conversion

IPC supports DCC transactions to provide merchants a service that allows card holders to pay for goods and services internationally with their local currency.

DCC functionality was initially offered in offline pin countries with ipp350 and vx820. DCC functionality is now supported for offline pin countries with P400 PEDs as well on VIP 6.6.1.3 firmware version.

We have also introduced support for DCC functionality for online pin countries with vx820 PED on VIPA 6.3.2.9 version.

DCC offer screens have been enhanced and receipts have been modified in compliance with Visa and Master Card requirements. These changes have been done for Vx820 and p400 PEDs.

DCC Offer Screen:

DCC offer is clearly displayed at the choice screen. The cardholder is presented with the following information before making the DCC choice:

  • The amount in the cardholder billing currency (e.g. 1.10 EUR)
  • The amount in the merchant local currency (e.g. 1.00 GBP)
  • The FX Rate (e.g. 1 GBP = 0.4026 KWD)
  • The Mark-up (e.g. Includes 3% Margin)

Note:

  • Mark- up/Margin is displayed only in case of Visa Transactions.
  • The cardholder can select the local merchant currency or the cardholder currency by pressing the blue touch button on the PED screen.

1. Sample Screens for Visa

a.Sample Visa Screen in English

Sample Visa screen-english

b.Sample Visa Screen in German

Sample Visa screen-german

c.Sample Visa Screen in Dutch

Sample Visa screen-Dutch

2. Sample Screens for Mastercard

a. Sample Mastercard Screen in English

Sample mastercard screen-english

b. Sample Mastercard Screen in German

Sample mastercard screen-German

c. Sample Mastercard Screen in Dutch

Sample mastercard screen-Dutch

Receipt Changes:

  1. DCC Transaction Receipts have been amended in order to comply with Visa & MasterCard scheme mandate.
  2. Visa requires that the Mark-up (Margin) should be printed just after the FX rate in the DCC transaction receipts. Example:< EXCHANGE RATE: 1 GBP = 0.4026 KWD INCLUDES 3.0% MARGIN
  3. Mark-Up will not be displayed in case of DCC transactions done with MasterCard.
  4. Disclaimer will be printed only in case of DCC Sale Transactions done with Visa. Example: I HAVE BEEN OFFERED A CHOICE OF PAYMENT CURRENCIES. THIS CURRENCY CONVERSION SERVICE IS PROVIDED BY THIS MERCHANT.
  5. Exchange rate will be displayed till 4 decimal points. Example: EXCHANGE RATE: 1 GBP = 0.4026 KWD

Sample Receipts for Visa

  1. Sample Visa Sale Receipt in English
Copied!
DCCVATTEST
              123 , LONDON , ,
26/07/2019                  15:36:44
RECEIPT NO.:5
MID:820000401           TID:33160401
EXCHANGE RATE:  1 GBP = 141.0000 JPY
Includes 3% margin
AID:A0000000031010
CREDITO DE VISA                  ICC
XXXX XXXX XXXX 0119               01
SALE                        GBP10.00
TRANSACTION CURRENCY:        JPY1410
------------------------------------
           PLEASE SIGN HERE
           AUTH CODE:326805
I HAVE BEEN OFFERED A CHOICE OF
PAYMENT CURRENCIES. THIS CURRENCY
CONVERSION SERVICE IS PROVIDED BY
THIS MERCHANT.

PLEASE DEBIT MY ACCOUNT
PLEASE KEEP THIS RECEIPT FOR YOUR
RECORDS
              MERCHANT RECEIPT
  1. Sample Visa Sale Receipt in German
Copied!
PFGERMAN
                 , , , , ,
26/07/2019                  11:01:36
QUITTUNGS-NR.:14
MID:81013472            TID:33329557
TAUSCHRATE:     1 EUR = 124.5000 JPY
BEINHALTET 2.95% MARGE
AID:A0000000031010
CREDITO DE VISA            CHIPKARTE
XXXX XXXX XXXX 0010               01
VERKAUF                     EUR10.00
TRANSAKTIONSWÄHRUNG:         JPY1245
              PIN VERIFIZIERT
             AUTOR.-CODE:331424
MIR WURDE DIE AUSWAHL DER
BEZAHLWÄHRUNG ANGEBOTEN. DIE
WÄHRUNGSUMRECHNUNG WIRD VON DIESEM
HÄNDLER ANGEBOTEN.

BELASTEN SIE MEIN KONTO
BEWAHREN SIE DIESE QUITTUNG FÜR
IHRE UNTERLAGEN AUF
              HÄNDLERQUITTUNG
  1. Sample Visa Sale Receipt in Dutch
Copied!
PFNETHERLAN
                 , , , , ,
26/07/2019                  11:09:50
ONTVANGSTBEWIJSNR.:17
MID:81013472            TID:33329558
WISSELKOERS:    1 EUR = 124.5000 JPY
OMVAT 2.95% MARGE
AID:A0000000031010
CREDITO DE VISA                  ICC
XXXX XXXX XXXX 0010               01
VERKOOP                     EUR10.00
MUNTEENHEID VAN DE TRANSACTIE: JPY1245
             PIN GEVERIFIEERD
             AUTOR.CODE:331425
    IK WERD EEN KEUZE VAN
BETALINGSVALUTA’S AANGEBODEN.  DEZE
VALUTAWISSEL WORDT DOOR DE RETAILER
VERSTREKT.

VAN MIJN REKENING AFSCHRIJVEN
BEWAAR DIT ONTVANGSTBEWIJS VOOR UW
ADMINISTRATIE
         ONTVANGSTBEWIJS HANDELAAR

Sample Receipts for Mastercard

  1. Sample Mastercard Sale Receipt in English
Copied!
DCCVATTEST
              123 , LONDON , ,
26/07/2019                  15:36:44
RECEIPT NO.:5
MID:820000401           TID:33160401
EXCHANGE RATE:  1 GBP = 140.5000 JPY
AID:A0000000041010
MASTERCARD                       ICC
XXXX XXXX XXXX 0516               49
SALE                        GBP20.00
TRANSACTION CURRENCY:        JPY2810
               PIN VERIFIED
              AUTH CODE:007250
PLEASE DEBIT MY ACCOUNT
PLEASE KEEP THIS RECEIPT FOR YOUR
RECORDS
              MERCHANT RECEIPT
  1. Sample Mastercard Sale Receipt in German
Copied!
PFGERMAN
                 , , , , ,
26/07/2019                  11:02:39
QUITTUNGS-NR.:15
MID:81013472            TID:33329557
TAUSCHRATE:     1 EUR = 124.5000 JPY
AID:A0000000041010
MASTERCARD                 CHIPKARTE
XXXX XXXX XXXX 0508VERKAUF                     EUR10.00
TRANSAKTIONSWÄHRUNG:         JPY1245
             PIN VERIFIZIERT
             AUTOR.-CODE:007246

BELASTEN SIE MEIN KONTO
BEWAHREN SIE DIESE QUITTUNG FÜR
IHRE UNTERLAGEN AUF
              HÄNDLERQUITTUNG
  1. Sample Mastercard Sale Receipt in Dutch
Copied!
PFNETHERLAN
                 , , , , ,
26/07/2019                  11:08:42
ONTVANGSTBEWIJSNR.:16
MID:81013472            TID:33329558
WISSELKOERS:    1 EUR = 124.5000 JPY
AID:A0000000041010
MASTERCARD                       ICC
XXXX XXXX XXXX 0508VERKOOP                     EUR10.00
MUNTEENHEID VAN DE TRANSACTIE: JPY1245
             PIN GEVERIFIEERD
             AUTOR.CODE:007247
VAN MIJN REKENING AFSCHRIJVEN
BEWAAR DIT ONTVANGSTBEWIJS VOOR UW
ADMINISTRATIE
         ONTVANGSTBEWIJS HANDELAAR