Why Should We Care About Digital Financial Services (DFS)
Digital financial services (DFS) are defined by the Alliance for Financial Inclusion as “the broad range of financial services accessed and delivered through digital channels, including payments, credit, savings, remittances and insurance.” The integration of new digital channels for transactions, information flows and data capture, and identity verification are shifting models for delivering financial services. This publicaction features how to use these new digital channels to strengthen agricultural systems and improve smallholder livelihoods. The tools found within this publication by USAID and Feed the Future are meant to help implementers partners explore where they can leverage one type of DFS product, mobile money, to deliver relevant and useful financial services to smallholders and value chain partners they work with.
Read the publication here.