Dynamic currency conversion (DCC)

Roles that need it

• Merchant Acquiring Sales Executive
• Payments Partnerships Manager (Acquiring & Gateways)
• Regulatory Change Analyst

Skills it belongs to

• Merchant acquiring and payment processing
• FX risk and hedging instruments

Related concepts

• Cross-border Payments RegulationRegulation (EU) 2021/1230 requires that charges for cross-border payments in euro within the EU equal those for corresponding national payments. It also requires providers to disclose currency conversion charges, expressed as a mark-up over the latest euro reference rate of the European Central Bank, before a payment or card transaction is made.
• Merchant acquiringMerchant acquiring is the service of contracting with merchants to accept card and other electronic payments, processing those transactions and paying the funds to the merchant. The acquirer bears the merchant's credit risk, such as chargebacks after a merchant fails, so it underwrites merchants and may hold reserves. PSD2 lists acquiring as a payment service.

Sources

• Regulation (EU) 2021/1230 on cross-border payments in the Union, EUR-Lex (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.