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.
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."