Page 370 - The Digital Financial Services (DFS) Ecosystem

Ecosystem
The process of enabling a merchant for the receipt of electronic
Services provided by agents when one end party does not have
to the agent's account, who then pays cash to the non-account
an eMoney account: the (remote) payer may pay the eMoney
The act of the provider of entering a debit or credit entry into
Receiving physical cash in exchange for a debit to an eMoney
Management of cash balances at an agent.
account – typically done at an agent.
the end user's account record.
holding payee.
payments.
Alternative and Related T erms Definition The process of opening a provider account. Separate processes are used for consumers, merchants, agents, etc. A process used during a "pull" payment (such as a card pay- ment), when the payee requests (through their provider) confirmation from the payer's bank that the transa
Enrolment, Agent Registration OTC, Mobile to Cash Clearing Agent Liquidity Management Onboarding Fraud Management

T erm

(continued) Registration Authorization Cash-In Cash-Out Over The Counter Services Posting Cash Management Merchant Acquisition Know Your Customer Risk Management

329