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

Payee

Concepts

Person receiving money.

Payer

Concepts

Person sending money.

Paying Bills

Use Cases

Settling regular obligations digitally.

Payment Gateway

Roles/Players

Tool enabling businesses to accept payments online.

Payment Instrument Issuer

Concepts

Institution issuing tools like eMoney or cards.

Payment System

Concepts

System enabling safe and quick money transfers.

Payment System Operator

Roles/Players

Organization managing the system that moves money.

Peer to Peer Lending

Use Cases

Direct lending between people via platform.

Platform

Products and Services

Digital space providing financial services.

Point of Sale Device (POS)

Infrastructure

Machine used by merchants to accept payments.

Prepaid Card

Products and Services

Payment card with preloaded money.

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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.