Article: Why is Dynamic Currency Conversion Even Legal?

[pyramidforce]

Can you still just avoid DCC altogether with an Amex card? I know acceptance is lower but at least where it is accepted, it might make it impossible to get DCC scammed by dodgy merchants.

In my recent trip to Japan, I was asked every time if I wanted AUD or JPY. Nobody tried to trick me and no dodgy machines with "accept the declining of the acceptance of the not-non dynamically non-converted currency"

 

[bernardblack]

Yes, as I understand it Amex prohibits DCC on its payment network. The problem (apart from acceptance) is that all AU-issued Amex cards have a foreign-transaction fee. The US market, if your have access to it, is different; my US Gold card has 0% FTF.

 

[Gold Member]

"accept the declining of the acceptance of the not-non dynamically non-converted currency"

Don't do what Donny Don't does.

 

[Beano]

OK, so we are agreed, DCC doesn't need to be made illegal, it's just the practice at the POS.