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Stock impact report

Merchant Link Announces Integration with First Data for Dynamic Currency Conversion

FIRST DATA CORP (FDC) 
Last first data corp earnings: 7/25 06:50 am Check Earnings Report
US:NYSE Investor Relations: investor.firstdata.com
Company Research Source: PR Web
SILVER SPRING, Md. (PRWEB) June 04, 2019 Merchant Link, a leading payment gateway offering cloud-based cardholder data security solutions, announced today its integration with First Data for Dynamic Currency Conversion (DCC). Available at U.S. hotels within Merchant Link's portfolio that meet the minimum requirements, DCC gives foreign travelers the choice to pay for their hotel stay in U.S. dollars or in their native currency (the cardholder's card billing currency). At check-in, the traveler makes their currency choice after they are shown approximately what they will be charged in each currency. The currency conversion is then completed on the backend by a third-party, instead of the card issuer. DCC applies to foreign Visa and MasterCard payment cards. There are no additional transaction fees for choosing to implement DCC. Each traveler's receipt will continue to match the Property Management System (PMS), and each payment will display in the cardholder's native/selected currency Show less Read more
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