Nedbank and FEXCO, the independent global provider of Dynamic Currency Conversion and Multi-Currency Pricing technologies, have announced a partnership that will see FEXCO’s DCC solution provided to Nedbank merchants and their international customers throughout South Africa.
The partnership will see FEXCO’s DCC solution fully integrated into Nedbank’s core card acquiring system, offering multiple benefits to both the merchant and their customers, for a more tailored and transparent shopping experience.
FEXCO’s DCC technology allows international cardholders to pay for products in their home currency with full visibility on the total cost of the transaction at the point of sale, in a currency they are familiar with.