This paper is published in Volume-3, Issue-1, 2017
Area
Computer Science and Mobile Application
Author
Shreyank M. Byadagi
Org/Univ
Acharya Institute of Technology, Bengaluru, Karnataka, India
Pub. Date
06 January, 2017
Paper ID
V3I1-1158
Publisher
Keywords
Micro-ATM, Financial Transaction, Collection Sheet, Aadhaar Bridge.

Citationsacebook

IEEE
Shreyank M. Byadagi. Building a Micro-ATM for Financial Inclusion and Rural Banking, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Shreyank M. Byadagi (2017). Building a Micro-ATM for Financial Inclusion and Rural Banking. International Journal of Advance Research, Ideas and Innovations in Technology, 3(1) www.IJARIIT.com.

MLA
Shreyank M. Byadagi. "Building a Micro-ATM for Financial Inclusion and Rural Banking." International Journal of Advance Research, Ideas and Innovations in Technology 3.1 (2017). www.IJARIIT.com.

Abstract

In current scenario especially in rural areas banks and MFI’s are gathering client’s information manually in the record book and it’s not cost effective to install ATM’s everywhere, so we develop a micro-ATM which can be used to perform all financial transactions. The main advantage of this is we can overcome the delay factor and moreover in earlier practices there were no authentication procedures with the help of biometric we can gain the higher level of authorization. With this approach we can reduce the usage of paper and automation of work can be gained. The application built on this micro-ATM is commercially available but we are developing and contributing to open source platform.