Common use of Dynamic Currency Conversion (DCC) Clause in Contracts

Dynamic Currency Conversion (DCC). (i) The Dynamic Currency Conversion enables certain of Merchant’s customers, whose Cards are denominated in certain currencies (“Program Currency”) other than Canadian Dollars (“Foreign Cardholders”), to present a Card at Merchant’s point-of-sale and to pay for a purchase in the currency of the Foreign Cardholder, based upon a rate of exchange determined by Peoples Trust, while Merchant receives settlement of the foreign transaction in Canadian Dollars (collectively, a “Foreign Transaction”).

Dynamic Currency Conversion (DCC). (i) The Dynamic Currency Conversion enables certain of the amount that the Cardholder is to pay from the Merchant’s customers, whose Cards are denominated in certain currencies (“Program Currency”) other than Canadian Dollars (“Foreign Cardholders”), to present a Card at Merchantlocal currency into the Payment Card’s point-of-sale and to pay for a purchase in the currency of the Foreign Cardholder, based upon a rate of exchange determined by Peoples Trust, while Merchant receives settlement of the foreign transaction in Canadian Dollars (collectively, a “Foreign Transaction”)local currency.

Dynamic Currency Conversion (DCC). (i) The Dynamic Currency Conversion enables certain of Merchant’s customers, whose Cards are denominated in certain currencies (“Program Currency”) other than Canadian Dollars (“Foreign Cardholders”), to present a Card at Merchant’s point-of-sale and to pay for a purchase in the currency of the Foreign Cardholder, based upon a rate of exchange determined by Peoples TrustNUVEI, while Merchant Xxxxxxxx receives settlement of the foreign transaction in Canadian Dollars (collectively, a “Foreign Transaction”).

Dynamic Currency Conversion (DCC). (i) The Dynamic Currency Conversion enables certain of Merchant’s Merchant‟s customers, whose Cards are denominated in certain currencies (“Program Currency”) other than Canadian Dollars (“Foreign Cardholders”), to present a Card at Merchant’s Merchant‟s point-of-sale and to pay for a purchase in the currency of the Foreign Cardholder, based upon a rate of exchange determined by Peoples TrustPivotal, while Merchant Xxxxxxxx receives settlement of the foreign transaction in Canadian Dollars (collectively, a “Foreign Transaction”).

Dynamic Currency Conversion (DCC). (i) The Dynamic Currency Conversion enables certain of Merchant’s customers, whose Cards are denominated in certain currencies (“Program Currency”) other than Canadian Dollars (“Foreign Cardholders”), to present a Card at Merchant’s point-of-sale and to pay for a purchase in the currency of the Foreign Cardholder, based upon a rate of exchange determined by Peoples TrustNUVEI, while Merchant receives settlement of the foreign transaction in Canadian Dollars (collectively, a “Foreign Transaction”).

Dynamic Currency Conversion (DCC). (i) The Dynamic Currency Conversion enables certain of Merchant’s Merchant‟s customers, whose Cards are denominated in certain currencies (“Program Currency”) other than Canadian Dollars (“Foreign Cardholders”), to present a Card at Merchant’s Merchant‟s point-of-sale and to pay for a purchase in the currency of the Foreign Cardholder, based upon a rate of exchange determined by Peoples TrustPivotal, while Merchant receives settlement of the foreign transaction in Canadian Dollars (collectively, a “Foreign Transaction”).