What is the benefit to the cardholder from DCC?
There are several benefits to the cardholder: firstly he or she gets price certainty, knowing that the amount they see on the payment page is the amount they will pay meaning no nasty surprises and the ability to reconcile their accounts at the point-of-purchase; secondly they will get a competitive rate on foreign exchange that will often better the rate provided by their credit card issuing bank. Lastly cardholders will not be subject to currency fluctuations that can occur over the period between the point of purchase and the conversion of the transaction by the cardholders issuing bank.
