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The difference between wild card edc and dcc

EDC and DCC are two different concepts and functions. EDC is used for electronic deductions, while DCC is used for foreign currency conversion.

1. EDC refers to an electronic deduction method, mainly used between merchants and banks. When making a purchase, the merchant transmits the bank card information, consumption amount and other data on the bank card swiping machine to the bank. , the bank transmits this information to the card issuing bank through the network for deduction, and the entire process is completely automated by the system.

2. DCC refers to a foreign currency conversion method, which is mainly suitable for users who hold foreign currency credit cards to travel or shop abroad.