Dynamic currency conversion and cross-border cards

Elements

The pieces this function usually contains in a large organisation:

• Currency choice at terminal
• Rate disclosure
• Settlement currency tracking

Catalog items that already cover part of it

• Multi-currency payment PAY-0031

What is not described

dynamic currency conversion at the terminal.

Classification

Status

Present partially

Fit

Specialist: integrate or leave out (a specialist system usually owns this)

Suggested module

New module (suggested): Acquiring and payment facilitation

Suggested attributes

Pro; priority Optional; always offline. Starting points only.

Cluster

Payments, stored value and financial services at the counter

Public excerpts

domain analysis

Archetypes and companies

Lodging, management and franchising; Airlines and travel; Apparel, department and specialty retail; Casinos, gaming and integrated resorts.

Example companies in these archetypes: Marriott, Hilton, Hyatt, Wyndham, Delta, United, American Airlines, Southwest, travel agencies, TJX, Gap, Nike. These come from general knowledge unless a source code is shown on the archetype page; it is not a statement that each company runs every element, and it implies no relationship.

Closest industry pages

• Hotels, hostels and lodging
• Airlines and aviation
• Travel agencies and tour operators
• Passenger transport, taxi and ride services
• Apparel and footwear retail
• Specialty retail (books, toys, sporting goods, jewelry, pets, crafts)
• Travel retail and duty-free
• Casinos, gaming and resorts

Previous: Surcharges, convenience fees and fee display. Next: Check, ACH, wire and bank-transfer receipts.

Status is a hand review against catalog names and descriptions and can be wrong. See the method.