The technological revolution and rapid advancements in smart computing systems like AI and machine learning have catalyzed a digital revolution in the financial and banking system. This has clearly motivated most financial services institutions and their customers to conduct transactions and access services online, without the need for financial intermediaries, enhancing competitiveness and reducing transaction costs and time.

This resulted in the digitization of financial services, known as Digital Financial Services (DFS), referring to a wide range of financial services accessed and delivered through digital channels, including payments, credit, savings, transfers, and insurance. DFS also covers Mobile Financial Services (MFS) and Electronic Banking (E-Banking). MFS refers to using mobile phones to access and conduct financial transactions, while E-Banking involves offering banking products and services through electronic channels.

Weight: 600 grams