We’ve all been there. You get back from a fantastic holiday and wince when you check your bank statement. Not only did you pay huge fees every time you used your card, but the exchange rate you got was a lot lower than the one you’d seen online.
CredibanCo’s DCC Dynamic Currency Conversion payment system guarantees that unexpected fees will not contribute to your post-holiday blues. As Jean Paul Cittadini, an Italian economist who travels to Colombia frequently for both work and pleasure, discovered.
“Last time I was in Bogotá, I was delighted when the receptionist offered me the possibility to pay my bill in euros. He pointed out that it meant I would know exactly what I was paying and that there wouldn’t be any additional unexpected charges. A month later and – as promised – exactly that amount of money showed on my bank statement in euros,” he said.
Jean Paul is one of over 300,000 tourists who entered the country in the first half of this year as Colombia becomes an increasingly attractive destination. Whether they come to see wildlife in the second most biodiverse country in the world; discover the rich cultural tapestry of music, art and crafts; learn a language or do business; more and more international visitors are discovering Colombia’s potential.
And CredibanCo’s DCC Dynamic Currency Conversion (Pago Multimoneda) system offers those visitors a simple and transparent way to pay by card with an excellent exchange rate to boot. With an instant conversion into your home currency, their 3.5% fee is included in the price you see. Most importantly, they guarantee that you won’t pay more – if you do, they will give you 150% back.
Jean Paul told us he is impressed by the security he gets with this currency conversion service. “I have had bad experiences in the past and so it is great to find a system I can trust,” he said. “Plus, the economist in me really appreciates that DCC gives me better rates than the bank does.”
This service works the instant a transaction is made. You can see the value in both Colombian pesos and your own currency on the payment terminal and decide there and then which currency you want to use.
With over 30,000 establishments already offering this payment system here in Colombia – including Migración Colombia – over half a million transactions have been made this year. So next time you use your international card, ask if you can pay by DCC and get better rates, guaranteed.
With over 30,000 establishments already offering this payment system here in Colombia – including Migración Colombia – over half a million transactions have been made this year. So next time you use your international card, ask if you can pay by DCC and get better rates, guaranteed.
This article was sponsored by CredibanCo’s DCC Dynamic Currency Conversion.