Planet Payment, a provider of international and multi-currency payment processing services, has partnered with payments processor Worldpay US to launch dynamic currency conversion (DCC) at ATMs solution across the US.
DCC at ATMs will enable international travellers to the US to withdraw local currency from 70,000 Worldpay ATMs, while seeing the amount debited from their account in their own currency.
The two entities said that international cardholders using Worldpay US ATMs will be able to instantly view, select and understand the conversion to their home currency of the US dollar amount dispensed at participating ATMs.
Worldpay US vice president and general manager of ATM and MSP ISO Mike Cowart said: “We are pleased to bring DCC convenience to our ATM customers. DCC at ATMs can help combat declining interchange and offers a valuable service to our international customers who want to better understand exactly how much they are withdrawing in their own currency when traveling in the U.S.”
Planet Payment senior vice president for North America sales and acquirer relations Melissa Jones said: “Planet Payment is thrilled to partner with Worldpay US to launch DCC across their network of ATMs. We believe DCC at ATMs is a great customer-facing solution to providing personalized payment options to travelers withdrawing money in the U.S., and look forward to working with Worldpay to expand the reach of this solution.”