Dilllard's to Use "Planet Payment" Service

Edited Press Release

LONDON -(Dow Jones)- Planet Payment, a multi-currency and data processor, announced Monday that its Pay in Your Currency service, known in the industry as Dynamic Currency Conversion, is now being offered at Dillard's, a fashion apparel and home furnishings retailers in the United States.

The Pay in Your Currency service provides international shoppers paying for their purchases with Visa or MasterCard payment cards with the choice to pay in their home currency at the point of sale, rather than allowing their issuing bank to perform the conversion after the sale has been completed. The service provides greater clarity and certainty to international purchases by allowing the customer to pay in the currency that he or she knows best - their own.   The service is being offered through Fifth Third Processing Solutions, (Cincinnati, Ohio) Dillard's current credit card acquirer.

(END) Dow Jones Newswires
01-19-09 0327ET
Copyright (c) 2009 Dow Jones & Company, Inc.