DCC Forum News

The latest developments in dynamic currency conversion

Dinner cost 'top measure' for judging affordability of destinations

DCC Forum

The cost of a main meal at dinner is the most favoured measure for UK holidaymakers when judging a destination's value for money, new research shows. More than a third (35%) of tourists use this as benchmark against how expensive or cost effective a place is when travelling abroad.
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Ditching the cash for this year's ski season

DCC Forum

For many, the annual ski trip is a tradition that they've been doing for years, so you'd think that they knew everything there was to know about preparing for their trip abroad. That said, one area where perhaps they aren't as clued up as they should be is the area of payments.
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Unwrapping the different payment options whilst shopping abroad this Christmas

DCC Forum

It's that time of year again. Suddenly Christmas seems to be fast approaching, as Wham's Last Christmas begins to take over the radio and shopping streets around the world light up with increasingly impressive displays. It also means that the time for undertaking the Christmas shopping is rapidly running out.
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The uptake of Chip and Pin technology in the US and how it's affecting payment for those from abroad

DCC Forum

Contactless and card payments are at an all-time high across Europe as many countries, including the UK, Sweden and Netherlands increasingly move towards cashless economies. Whether it's using their smartphones or tapping as they go, consumers are ditching coins and notes.
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How FinTech is changing the game on payments abroad?

DCC Forum

For the holidaymaker of the past, making payments while abroad was a relatively straightforward process with few different options. The average holidaymakers would get their holiday cash before the went abroad from their local bureau de change. However, new technology has meant more options, many of which are safer and more secure than carrying large amounts of cash.
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Cards are now king in the UK, but are retailers abroad ready?

DCC Forum

This month, the British Retail Consortium revealed that for the first time in the UK, card payments now accounted for more than half of all transactions 1. Cash payments are now the minority for the first time, although with the declining use of cash, it really was just a matter of time.
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Do Brits need a summer holiday from politics?

DCC Forum

It has been just a matter of weeks since the British public went to the polls to vote in the latest general election. Few expected the result, which instead of extending the lead of the Conservative party, in fact saw them lose their majority, forcing them to form a minority government.
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How to avoid a budgeting nightmare on your next summer holiday.

DCC Forum

Summer holiday season is now well and truly underway, with sun seekers getting ready to head off to destinations around the world.
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What are Brit business travellers' biggest Brexit concerns?

DCC Forum

Last month, British Prime Minister Theresa May signed and delivered her letter triggering Article 50, officially starting the process of the UK's exit from the European Union. The UK now has just two years to negotiate the terms of their departure, with very little detail provided so far from either side on what form any deal could take - although Prime Minister May has made it clear that she expects the UK to leave the single market.
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How fluctuating exchange rates might affect your payment options abroad.

DCC Forum

Until recently British travellers heading abroad, whether for business or pleasure, did not have to think too hard about day to day changes in currency exchange rates while on their trips.
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The DCC Forum's contribution to the European Union Commission consultation process on the transparency of cross border transaction in the EU.

DCC Forum

Digital innovations are rapidly transforming how consumers use financial services, bringing with it a growing appetite for a more integrated retail financial service in the EU.
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Brexit for business travellers & purchases abroad in 2018

DCC Forum

There is little doubt that Brexit and the UK's protracted divorce negotiations with the European Union will continue to occupy minds and the news headlines this year. While the ultimate form that Brexit will take, be it hard or soft, is anyone's guess, the talks process itself is almost certain to give us a turbulent year of ups and downs in currency fluctuation.
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Six things we didn't know this time last year

DCC Forum

As the year begins to draw to a close, it's worth taking a look back at what the last 12 months have done to change the world of payments and beyond. It may be a cliche, but 2017 has really been a year like no other, with political change around the world and the ever acceleration of new technology changing the way that we interact with businesses, governments, and each other.
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What does the future have in store for business travellers?

DCC Forum

New technology is revolutionising entire industries, and transport is no exception. Business travellers are used to seeing the way that they get from A to B change, but there are reasons to believe that the next decade could see the biggest transformations yet.
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Understanding payment customs while abroad on business

DCC Forum

If you're about to head abroad on your first business trip, you've probably already started to think about what you need for your journey. The hotel might be booked and transport to and from the airport all scheduled in, and you might also have thought about how you'll be making your payments while on your trip.
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Making your guests comfortable with their payment choices

DCC Forum

Although often overlooked, hospitality is the UK's fourth largest industry, representing 10 per cent of the country's GDP 1. It's also been growing recently, as a fall in the value of the pound has made the UK a more attractive destination for foreign holidaymakers.
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Making the right payment choices when shopping abroad on holiday

DCC Forum

If you ask someone to close their eyes and describe their ideal summer holiday, odds are you will get a pretty wide range of responses.
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Using your card abroad on holiday without having to keep one eye on the news.

DCC Forum

For those who like to follow politics from around the world, there were few contests more watchable than the most recent French presidential election.
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How might the Trump administration affect holidaymakers heading to the US?

DCC Forum

Donald Trump is certainly not a conventional president. In the space of just a few months, he has already torn up many of the norms that the US political establishment considered unshakable. In no area has that been more obvious than in immigration, where Trump's controversial executive order looked to bar entry to citizens from seven nations in the Middle East and Africa.
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What is the DCC Forum?

DCC Forum

Founded in 2015, the DCC Forum was created by a group of five international financial services companies. They had in common a shared desire to change the way that DCC is currently offered and understood in the market. DCC stands for Dynamic Currency Conversion, and in simple terms, it's the process by which you can pay in your home currency with a debit or credit card while abroad.
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1 IN 6 BRITS ABROAD ON THEIR HOLIDAYS DURING GENERAL ELECTION CAMPAIGN

1 IN 6 BRITS ABROAD ON THEIR HOLIDAYS DURING GENERAL ELECTION CAMPAIGN


Knowing more about your customers from abroad.

Knowing more about your customers from abroad.


One in six Brits want a break from politics.

One in six Brits want a break from politics.


British Invasion Carries On, Mobile Payments Style.

British Invasion Carries On, Mobile Payments Style.


Is hidden cash in hotel rooms a sign of changing payment demands from customers?

Is hidden cash in hotel rooms a sign of changing payment demands from customers?


The Brexit effect on your next business trip.

The Brexit effect on your next business trip.


Brexit is here, but will business travellers be the next to vote leave?

Brexit is here, but will business travellers be the next to vote leave?


What the Britain's EU Referendum could mean for business travellers.

What the Britain's EU Referendum could mean for business travellers.


Soothing the Brexit fears of business travellers by Jennifer Conneely, DCC Forum

Soothing the Brexit fears of business travellers by Jennifer Conneely, DCC Forum


Business travellers 'struggle to stick to budgets'

Business travellers 'struggle to stick to budgets'


Unclaimed expenses leaving business travellers out of pocket.

Unclaimed expenses leaving business travellers out of pocket.


Business travellers forgoing expense claims: report

Business travellers forgoing expense claims: report


Business travellers end up spending even more than regular holiday makers, with workers losing an average 142 in unclaimed expenses on each trip.

Business travellers end up spending even more than regular holiday makers, with workers losing an average 142 in unclaimed expenses on each trip.


What you need to know when accepting card payments from customers from abroad.

What you need to know when accepting card payments from customers from abroad.


In Foreign Lands.

In Foreign Lands.


What you should know about accepting payments from customers from abroad.

What you should know about accepting payments from customers from abroad.


Mobile payments from abroad are on their way. Are you ready?

Mobile payments from abroad are on their way. Are you ready?


What payment options should you offer your guests from abroad?

What payment options should you offer your guests from abroad?


The advantages of offering DCC to your guests

The advantages of offering DCC to your guests.


Travel Bulletin

Helping tourists make sense of cards abroad by Gino Ravaioli, chairperson of the DCC Forum


Travel Bulletin

Research predicts Brits will spend more than 7 billion pounds on credit and debit cards abroad in the next year.


Breaking Travel News

Brits warned over failure to check credit and debit card fees.


Breaking Travel News

Keeping on top of card expenses abroad.


Breaking Travel News

Brits in the dark over currency conversion.


Travel Weekly

Study highlights lack of foreign exchange knowledge.


The Scottish Sun

Covered the DCC Forum's consumer research.