FEXCO, an Ireland-based financial and business solutions provider, has joined forces with Procesos de Medios de Pagos (Procesos), a MasterCard acquirer and processor service provider, to launch dynamic currency conversion (DCC) services in Peru.
Under the arrangements, FEXCO’s DCC solution will be fully integrated into the Procesos payment network.
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This integration will give international visitors choice and convenience of paying for goods and services in their home currency.
FEXCO managing director Denis Cleary said: "Today’s announcement demonstrates a significant milestone for FEXCO as we further extend our service into South America, and for the first time, into Peru.
Commenting on the partnership, Procesos CEO Felipe Venturo said: "This partnership delivers our merchant base a trusted payment solution which in-turn allows their customers to better determine value on their purchase in a currency they’re familiar with."
