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Ingenico, Monex partner for DCC solutions

Tuesday 12 March 2013 09:41 CET | News

French-based provider of payment services Ingenico has signed an agreement with Monex to provide Dynamic Currency Conversion (DCC) solutions to its customers across the UK and Ireland.

Monex DCC will enable Ingenico’s client base to pay in the home currency of their credit card. Monex DCC is an add-on customer service available to acquirers, merchants, e-commerce and ATMs worldwide.

Following the partnership, travellers and consumers will no longer have to worry about calculating currency conversions as each receipt shows the amount in the merchant’s local currency and in the cardholder’s home currency. This enables travellers to reconcile purchases when paying card balances.

Ingenico’s Axis platform manages payment transactions from the point of sale to the transaction acquirer. The platform supports all types of payment (in store, mobile, self-service terminal, telephone or online payments) and all payment means (credit card, debit card, loyalty card), in addition to all value added services such as gift cards, prepaid cards, loyalty programs, electronic purses or now Monex DCC.
 


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Keywords: Ingenico, Monex, online payments, UK, Ireland, Dynamic Currency Conversion
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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