Application currency code for dynamic currency conversion transactions with contactless consumer transaction payment device

摘要

#$%^&*AU2018200623B220191010.pdf#####APPLICATION CURRENCY CODE FOR DYNAMIC CURRENCY CONVERSION TRANSACTIONS WITH CONTACTLESS CONSUMER TRANSACTION PAYMENT DEVICE ABSTRACT A method comprising receiving (206) data including an account identifier for an account associated with a contactless payment device (CCPTPD) to conduct a transaction in a first currency; parsing the received data to determine (208) whether the received data includes an application currency code for the account associated with the CCPTPD; determining (214) that the transaction is eligible for dynamic currency conversion based on the application currency code when the received data includes the application currency code; obtaining (216) a conversion factor for converting the first currency into a second currency; converting the amount from the first currency to the second currency using the conversion factor to form a total transaction amount in the second currency; and processing the transaction using an authorization request message to request authorization for the transaction, the authorization request message including the total transaction amount in the second currency and a cryptogram generated based on the application currency code.