Payment Glossary

DFI (Development Finance Institution)

A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.

Related Terms

  • Automated Teller Machine (ATM)

    An automated teller machine (ATM) is a device that allows for the withdrawal of cash without the need of a human teller or cashier.

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  • ACH Credit

    An ACH credit occurs when the receiver’s account is credited.

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