Planet Payment and Standard Chartered Bank have entered into an agreement to offer dynamic currency conversion (DCC) in China, enabling merchants there to provide international Visa and MasterCard cardholders the option to learn the amount of their transactions in their home currency, in real-time at the point-of-sale.

The DCC service will offer international travellers to China a real time choice to settle their transactions in their own currencies. The service is optional to cardholders and conversion occurs only with the cardholder’s expressed consent. Cardholders who do choose to convert in real time will not have to wait until they return home to discover what their transactions cost in their native currencies.