Introduction
The PayU Dynamic Currency Conversion (DCC) or Multi Currency Payments (MCP) integration allows merchants to price goods or services in different foreign currencies while still receiving a settlement in their chosen currency. For consumers, it helps to comprehend the price of the good or service in the currency they understand well or prefer to pay.
For businesses that want to ensure a smooth e-commerce checkout flow and process, PayU has an assortment of options available. For Indian merchants who want to expand their business internationally:
- Dynamic Currency Conversion (DCC): allows your customers to transact in their local currency via local debit/credit card, and merchants to receive funds in INR
- Multi-Currency Conversion (MCC): allows your customers to see listing of product/services on merchant website in their local currency.
Benefits
PayU’s International platforms allow you to provide a seamless and card payment experience to their customers without any additional code changes in existing integration. Some of the integration benefits are:
- Highly secure payment experience
- Supporting skid-3DS and 3DS transactions based on merchant requirements
- Ability to convert real-time transaction amount into the customer’s card issuing currency, which includes 130 currencies and about 230 countries.
- Flexibility to get fund settlement in INR irrespective of card issuing currency
The following video describes the benefits of Dynamic Currency Conversion for your business:
Updated 4 months ago