Page 372 - The Digital Financial Services (DFS) Ecosystem
P. 372

Ecosystem
                                       A communication technology that is used to send text between a
                                                GSM system which enables various value-added services. A "Thin
                                              venting operation if removed. A SIM T ool Kit is a standard of the
                                    A service for sending short messages between mobile phones.
                                           A smart card inside a cellular phone, carrying an identification
                                             number unique to the owner , storing personal data, and pre-
                                                     tactless or contact (requires insertion into terminal). Global
                                                    A chip card contains a computer chip: it may be either con-
                                        mobile phone and an application program in the network.
                                A mobile telephone without significant computational
                                                 SIM" is an additional SIM card put in a mobile phone.
                                 capabilities.
               Alternative and Related T erms Definition The practices that enterprises do to protect end user data. "PCI- DSS" is a card industry standard for this. The practices that providers do to manage customer data: this  may be enabled by the payment platform the provider is using. Enabling technologies used in the DFS Ecosyst
                                                    EMV Chip Card, Contactless Chip Card




                 PCI-DSS                   SIM T oolKit, Thin SIM  NFC



















               T erm                   Unstructured Supplementary Service Data (USSD) Subscriber Identity Module (SIM) Card









            (continued)   Data Protection Customer Database Management  T echnologies  Smartphone  Feature Phone  Short Message Service  Chip Card  Near Field Communication  Secure Element   Host Card Emulation (HCE)













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