MOBILE ATM USING ANDROID APPLICATION
Author(s) -
Rashmi Tupe,
Sophia Salve,
Aarti Pagare,
Pooja Dushing,
Vaishali Vikhe
Publication year - 2021
Publication title -
international journal of engineering applied sciences and technology
Language(s) - English
Resource type - Journals
ISSN - 2455-2143
DOI - 10.33564/ijeast.2021.v06i03.021
Subject(s) - computer science , database transaction , online transaction processing , transaction processing system , android (operating system) , computer security , operating system , transaction processing , database , computer network
Nowadays, dependency on banking in thevirtual world has been increased to the peak position. Tomake it consistent advanced technologies should be used.As OTP is currently used worldwide for security purposes,it can be overruled by QR code. Main advantage of QRcode over OTP data storage. OTP can only confirm thatthe user is authorized user and not some third party isinvolved in this transaction while QR code not onlyconfirms the authorized user but QR code itself can storeinformation such as transaction id, transaction date, timeand also amount of transaction. So, there is no need ofexplicitly keeping track of transaction every transaction.Aim of this paper to enhance the functionality of ATMmachine using android application. Proposed system iscombining the ATM and mobile banking and minimizesthe time of withdrawing cash from ATM. This willincrease the speed of transaction almost three times fast;could have excellent impact on customer’s satisfaction.With the help of QR code information get encrypted so italso increases security. As the population increasing ATMqueues will be longer day by day. By implementingproposed system current system will not hampered, bydoing some minor changes in existing system it will bepossible to get cash within seconds. According to analystreport, cost of transaction using mobile application ialmost ten times less than ATM and about fifty times less,if physical bank branch used.
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom