Multibanking Transaction System by One Touch

Katari Chandrika Sai; Masanam Supriya; Pallapu Yamini; Nagandla Sai Lakshmi Santhoshi; Dr. T. R Chaitanya; Mr.V.Sriharsha

doi:10.55524/ijirem.2022.9.2.104

Abstract

The Multi Banking System Interface is geared toward becoming a part of the future banking solution for customers who have numerous bank accounts held at a variety of financial institutions. This interface incorporates all of the established institutions and offers business solutions applicable to individual as well as corporate customers. This method functions as a standardized communication between the customers and all of the different institutions. Any customer who has accounts in multiple institutions and uses this gateway to access those accounts can immediately connect on to the Multi Banking System Interface and complete any kind of transaction they desire. The system will take care of each and every responsibility that is necessary in order to conduct transactions in a seamless manner behind the scenes. Every person has a number of ledgers that are kept apart from institutions; individuals have to carry a number of different ATM cards in order to make transactions; and each ledger may have a different PIN. In customary framework, ATM terminal client acknowledgment frameworks just depend on bank cards, security pin number, and such personality check strategies which measures are not great and capacities are excessively single and on occasion there are episodes where we overlook our own security PIN number, lose our cards, cards get taken, taken PIN numbers.

Keywords

Multibanking, Multibanking Transaction, OneTouch, Electronic banking,

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Cites this article as

K. C. Sai, M. Supriya, P. Yamini, N. S. L. Santhoshi, D. T. R. Chaitanya, Mr.V.Sriharsha, "Multibanking Transaction System by One Touch", International Journal of Innovative Research in Engineering & Management (IJIREM), Vol-9, Issue-2, Page No-653-655, 2022. Available from: https://doi.org/10.55524/ijirem.2022.9.2.104