Under the agreement, the DCC service is set to allow The Logic Group’s customers to accept multiple currency payments at the point-of-sale and online. Therefore, consumers including travelers and tourists will be able to pay in their local currency, using their Visa or MasterCard issued overseas.
The DCC service makes payment processing easier and convenient to accept multiple currency payments, simplifying the process at the till, or online. DCC removes the complexity of having to price products and services in multiple currencies. Other benefits include:
In recent news, UK-based insurance company Admiral Group has extended its alliance with The Logic Group by signing a three year contract for the latter’s managed payment service which enables the acceptance of UK card-based payments across all Admiral Group brands and across multiple channels including call centres and websites.
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