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

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    Interchange is a small fee paid by a merchant's bank (acquirer) to a cardholder's bank (issuer) to compensate the issuer for the value and benefits that merchants...

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  • MICR (Magnetic Ink Character Recognition)

    The information printed on a check in magnetic ink. The MICR information helps MICR scanners retrieve important information from the check including the routing number, account number...

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