Glossary
Every word gFinOS uses, explained in plain language — so you never have to guess what a balance, receipt, grant or payout actually means.
Accounts
- 12-digit account numberThe 12-digit number every gFinOS account receives, used to receive money from anyone in any supported country.
- Account statementA signed PDF summary of your account activity for a period, accepted for official use.
- Family accountProfiles for children and dependants that a parent or guardian controls.
- Freezing a cardStopping a card from being used, and turning it back on when you want.
- AssistantThe built-in helper that answers money questions and can carry out tasks.
Money
- Local currencyThe everyday currency of your country, which is what every balance, price and payment on gFinOS is shown in.
- WalletA single balance inside your account, held in one currency.
- My MoneyThe main screen that brings together your cash, savings, rewards, gift cards and credits in one total.
- CashbackA share of an eligible purchase paid straight back into your account in your local currency.
- Top upAdding money to your gFinOS account from a bank account or card.
- WithdrawalMoving money from your gFinOS account out to a bank account.
- Savings circleA group that saves together and pays out to each member in turn.
- Group poolA shared collection for one purpose, such as a gift, trip or emergency.
- Subscription managerOne place that lists every recurring payment you have, with one-tap cancelling.
- Exchange rateThe rate used to convert one currency into another, shown before you confirm.
- Credit standingA view of how lenders are likely to see you, built from your own records.
Payments
- Instant settlementMoney reaching the receiver's account immediately instead of after a delay of days.
- Payment linkA shareable web link that lets anyone pay you a set or open amount.
- Payment QR codeA scannable code that opens a payment to your account or to a specific bill.
- Tap to payPaying by holding your phone or card against a terminal.
- RefundMoney returned to the payer, tracked from request to completion.
- Bill paymentPaying utilities, rent, school fees, insurance and taxes from your account.
- Cross-border paymentSending money to another country, with the conversion handled for you.
Business
- Zero-fee paymentsAccepting payments with no card processing fee during the introductory period.
- Scan & GoScanning items yourself as you shop, then paying from your phone without joining a queue.
- Exit checkThe quick door check that confirms a self-scanned basket was paid.
- Merchant accountThe set of tools for accepting payments, included with every gFinOS account.
- TerminalThe device or phone a business uses to take a payment in person.
- InvoiceA request for payment with a due date, sent to a customer to pay in one tap.
- PayrollPaying your whole team at once, each person in their own currency.
- AdvanceMoney made available ahead of expected income, repaid from future takings.
- AmbassadorSomeone who signs up people and businesses locally and earns for it.
- MarketplaceThe public place to buy and sell goods and services, paid for safely.
- StorefrontA business's own public page for selling and taking payment.
Trust
- ReceiptThe permanent record of a payment, with a public page anyone can check.
- Verification codeThe code printed on any gFinOS document that proves the document is genuine.
- Proof of fundsA signed document confirming the money you hold, without showing your history.
- Proof of addressA signed document confirming the address held on your account.
- EscrowMoney held safely until both sides agree the deal is done.
- DisputeA formal challenge to a payment, with evidence and a recorded decision.
- Proof of incomeA confirmation of what you earn that reveals no other detail.
Treasury
- Cooperative TreasuryThe shared fund built from a 0.5% contribution that pays grants back into communities.
- GrantMoney paid out of the Cooperative Treasury that does not have to be repaid.
- Donation QR codeA scannable code that lets anyone donate to a cause in their own currency.
- Education financingHelp paying school, college or university fees, paid straight to the institution.