25-06-2012, 04:46 PM
E-TRANSACTION INTERFACE
[attachment=25477]
INTRODUCTION
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 use 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:
This system provides a Common User Interface for the customers to log on to any bank.
This application is a Web based Application. Being a web based application it doesn’t require any client side installation.
A Eradicates the time consumed to learn how to use all the user interfaces of every bank in which a customer is having account. The transactions are secure.
SYSTEM REQUIRMENTS:
FUNCTIONAL REQUIRMENTS:
INPUTS: The major inputs for the E-transaction Interface are the user name and password of the customer, administrator and the banker, the account number and the bank name associated with it, transaction password and Transaction amount.
OUTPUT: The outputs are the Amount that is transferred between the accounts. The verification reports of the bank. Bank Statements, Account status.
NON FUNCTIONAL REQUIRMENTS:
24X7 availability
Better design to get better performance at peak time.
Should be able to manage clients at all times
Uninterrupted service
Should be able to integrate with any web application.
[attachment=25477]
INTRODUCTION
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 use 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:
This system provides a Common User Interface for the customers to log on to any bank.
This application is a Web based Application. Being a web based application it doesn’t require any client side installation.
A Eradicates the time consumed to learn how to use all the user interfaces of every bank in which a customer is having account. The transactions are secure.
SYSTEM REQUIRMENTS:
FUNCTIONAL REQUIRMENTS:
INPUTS: The major inputs for the E-transaction Interface are the user name and password of the customer, administrator and the banker, the account number and the bank name associated with it, transaction password and Transaction amount.
OUTPUT: The outputs are the Amount that is transferred between the accounts. The verification reports of the bank. Bank Statements, Account status.
NON FUNCTIONAL REQUIRMENTS:
24X7 availability
Better design to get better performance at peak time.
Should be able to manage clients at all times
Uninterrupted service
Should be able to integrate with any web application.