Dynamic currency conversion offers cardholders the choice to pay in their own currency, whilst creating an additional revenue stream for you. Typically, merchants will price a product in their base currency and the customer will have the choice at point of payment - prior to authorisation - depending on the payment selection made by the customer.

• If the customer selects home currency, Realex Payments will authorise the transaction in that currency and settle the transaction in the merchant’s base currency.
• If the cardholder selects the original transaction currency then an authorisation request is sent to Realex Payments and the transaction is settled to the merchant’s acquiring bank

Although there will be an additional step involved for the cardholder during the payment stage of the shopping, the upside is clear - more control and consent prior to authorisation.