DFS Glossary

Your comprehensive guide to Digital Financial Services terms and concepts in Ethiopia's evolving financial ecosystem

All DFS Terms (71 terms)

Browse through our comprehensive collection of Digital Financial Services terms and definitions

Credit History

Concepts

A record of past borrowing and repayment behavior.

Credit Scoring

Concepts

Evaluating a user's repayment ability using financial behavior data.

Customer Service

Roles/Players

Support provided to users to solve issues or answer questions.

Data Protection

Concepts

Practices ensuring user information is safe, secure, and used responsibly.

Debit Card

Products and Services

A card that lets you use your own money from your bank account.

Deposit

Processes

Adding money to an account or wallet.

Digital Finance Ecosystem

Concepts

The network of institutions, technologies, and regulations providing DFS.

Digital Financial Services

Concepts

Financial services delivered through digital channels like phones or ATMs.

Digital Payments / Digital Transaction

Concepts

Financial transactions made electronically.

Dispute Resolution

Concepts

Handling and solving issues related to financial transactions.

eCommerce

Concepts

Buying and selling goods or services over the internet.

eMoney

Products and Services

Digital form of money stored in wallets or online accounts.

Understanding Digital Financial Services in Ethiopia

Ethiopia's digital financial services landscape is rapidly evolving, bringing financial inclusion to millions of previously unbanked individuals. This glossary serves as your comprehensive guide to understanding the key terms, concepts, and innovations shaping the country's financial future.

From traditional banking concepts to cutting-edge fintech innovations, our glossary covers the essential terminology needed to navigate Ethiopia's digital finance ecosystem. Whether you're a financial professional, policymaker, researcher, or simply interested in understanding digital finance, this resource provides clear, accurate definitions of DFS-related terms.

The terms are organized by category to help you quickly find relevant information, and our search functionality allows you to locate specific terms or concepts. Each definition includes practical examples of usage to help you understand how these terms apply in real-world scenarios within Ethiopia's digital financial services landscape.