Everyone has.
Research shows that 98% of online shoppers prefer to pay in their own currency when given the option. Even more telling, cross-border ecommerce is growing nearly twice as fast as domestic ecommerce.
Whether booking a hotel overseas, dining while travelling, or shopping online from another country, customers want pricing they can understand. They don’t want to do currency math at checkout.
That uncertainty creates friction.
Friction slows conversions.
And sometimes, it creates disputes after the purchase.
This is where Dynamic Currency Conversion (DCC) can make a meaningful difference.
Available through Elavon, DCC allows qualified Visa® and Mastercard® cardholders to view prices and pay in their home currency across more than 66 global currencies, while your business continues to settle in its local currency.
For your customers, that means:
- Transparent pricing at checkout
- Locked-in exchange rates at the time of purchase
- Greater confidence throughout the buying experience
For your business, it can mean:
- A better customer experience
- Fewer disputes and chargebacks
- An additional revenue opportunity through qualified DCC transactions
International growth isn’t just about reaching more customers.
It’s about removing barriers that prevent them from buying in the first place.
If international customers are part of your growth strategy, your payments strategy should support it.
Let’s review your current payment environment and explore how solutions like Dynamic Currency Conversion can enhance the customer experience while supporting your international growth strategy.