Planet Payment Teams Up With Worldpay

Planet Payment, a provider of international and multi-currency transaction services, and Worldpay US, a payments processing technology company, will launch a Dynamic Currency Conversion (DCC) at ATMs across 70,000 Worldpay ATMs in the United States. Shares drifted slightly higher intraday.

For ATM owners and operators, DCC at ATMs can mean “big business,” the company said in a statement. The companies expect enabling ATMs with DCC by Q1. International travelers to the U.S. are expected to grow 2.4% in 2017 to a new volume record of 78.6 million visitors, according to the U.S. Department of Commerce. By 2021, annual visitor volume is expected to grow to 94.1 million.

By Bucky Rini