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Friday, 2 February 2018

E Transaction Interface

E Transaction Interface

The e-Transaction Interface is the designed targeted at the future banking solution for the users who is having multiple bank accounts at the multiple banks. This interface integrates all existing banks and provides business solutions for both retail and corporate.
            This system acts as a standard interface between the clients and all the banks that register with the system and clients who maintains accounts in various banks don’t have to visit individual bank’s website to make money transactions instead he can directly log on to E-Transaction Interface and make any kind of request and get his work fulfilled and in the backend the system will take care of all the obligation required in order to carry on transaction smoothly
            The main Vision of this project is to eliminate all the diversities amongst banks, which generally client faces at the time of any transaction. By doing so Client will used to only one Systematic Standard way of banking and thereby they will be at ease using this interface.
              The kind of functionality it’s capable of providing also reveals the kind of banking facilities that a customer could get online. Of course, the bank that implements this solution decides the features available to customers.
Existing System:
Let’s consider a condition when a bank customer is having bank accounts in more than one bank. The online banking system available at present is bank specific. Each bank is having its own interface to interact with the bank. A customer can login to the bank and make the transactions using the online banking provided by the bank. The way he interacts with different banks varies. The user must learn how to interact with each system.
A user requires accessing the system on the fly. The user interfaces designed by the different banks will confuse the user. He requires to learn how to use each and every user interface of the bank in which he is having accounts. This process may be time consuming and too irritating for the user also. When he transfers the accounts, He may probably prone to click the different action when shifting from one bank user interface to other.
Proposed System and its features:
The e-Transaction Interface provides the following system features.
1.   This system provides a Common User Interface for the customers to log on to any bank.
2.   Here the user interface is Graphical User Interface.
3.   This application is a Web based Application.
4.   Being a web based application it doesn’t require any client side installation.
5.   Any number of users can interact with the system simultaneously.
6.   Eradicates the time consumed to learn how to use all the user interfaces of every bank in which a customer is having account.
7.   The transactions are secure.
1) Banker Module
This module deals with the Accounts Pending, Pending Transfers, and Reports regarding transactions.   
2) Customer Module
This module a customer can register him self to the system, customer can login into the system. A customer can add a new account, view the account information, Transfer amount, A customer can also see the Transaction Reports.
3) Admin Module
The admin module will be used by the administrator of the site, The admin can accept or reject the request from the banker, and The admin can accept or reject the request from the user. The request are in the form of bank registration, customer registration.
Required Hardware
§  Pentium IV Processor.
§  256 MB RAM.
§  40GB Hard Disk space.
§  Ethernet card with an Internet and Internet zone.
Required Software
§  Platform Independent (Based on Operating System).
§  Internet explorer 5.0 or above  or Netscape navigator.
§  Oracle 9i or Later versions.
§  JDK 1.4 or Later versions.
§  Apache Tomcat Web Server 4.0 or above.
§  TCP/IP Protocol suite.

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