Page 364 - The Digital Financial Services (DFS) Ecosystem

Ecosystem
The exchange of capital, goods, and services across international
Making a payment from a consumer to a government, for taxes,
Making a payment from one business to another for supplies,
Borrowing money to finance a short-term or long-term need.
etc: may be in-person or remote, domestic or cross border .
Keeping funds for future needs and financial return.
Paying to protect the value of a life or an asset.
Includes cross-border trade.
borders or territories.
fees, etc.
B2B – Business to Business, B2G – Business to Government
Alternative and Related T erms Definition Making a payment for a good or service in person ("face to face"); includes kiosks and vending machines. Making a payment for a good or service remotely; transacting by phone, computer , etc. Making a payment for a recurring service, either in person ("face to face"), or remo
C2B, Proximity Payments C2B, eCommerce Payment, Mobile Payment C2B C2B, Utility Payments, School Payments C2G, B2G International Trade Financial Services Provider Savings Bank, Credit Union, Payments Bank

T erm

(continued) Merchant payment – POS Merchant payment – Remote Paying Bills Bill Payment T ax Payment Supplier Payment Saving and Investing Borrowing Insuring Lives or assets Trading Roles Provider Bank

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