Kerry firm Fexco partners with UK-based Cashflows to ease currency conversions at ATMs

Founded in 1981, Fexco employs over 2,300 people and now has operations in 29 countries across Europe

Cashflows claim its ATM business processes more than 50 million transactions annually, worth more than €1.13bn. 

Kerry-based financial services firm Fexco has entered into a contract with payment processing platform Cashflows to enable easier currency conversions to occur at around 20,000 ATMs across Europe.

UK firm Cashflows is set to offer new and existing ATM clients Fexco Treasury’s Dynamic Currency Conversion (DCC), allowing international cardholders to withdraw cash and pay the cost of the transaction in their own currency with full disclosure of the exchange rate and margin.