DIGITAL BANKING AND FINANCIAL LITERACY: THE ROLE OF ENGLISH IN EVERYDAY FINANCIAL LIFE

Urozova Nigora Toshmurodovna,     Xaqberdiyev Norbek Aslam og`li,     Qo`ziboyev Hojiakbar Shavkat og`li

Authors

Urozova Nigora Toshmurodovna, Xaqberdiyev Norbek Aslam og`li, Qo`ziboyev Hojiakbar Shavkat og`li Samarkand Institute of Economics and service

Keywords:

Digital Banking, Financial Literacy, English Language, Financial Inclusion, Digital Literacy, Mobile Banking, Financial Terminology, Language Barriers, Multilingual Interfaces, Financial Education

Abstract

This paper explores the intersection of digital banking, financial literacy, and the use of English in accessing modern financial systems. As digital banking systems transition to English-language platforms, vocabulary, and documentation, English proficiency becomes a key element of access to and understanding of financial services. The study demonstrates how English facilitates user interaction with mobile banking apps, online transactions, and international financial tools. It also explains the implications for non-native English speakers, particularly in developing nations, and advocates for inclusive financial education. Based on an analysis of real-life scenarios and users' experiences, the paper argues that English is not only a language of international finance but also a gatekeeper of financial empowerment in the digital age.

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