Abstract
The humans have always tried to improve quality of living and technology plays a major role in this cause. Modern technology has been evolving with the emergence of smart technologies. Cash Based transaction involves lot of human effort of withdrawing and then storing the cash. It is also an insecure way of payment involving fears of theft etc… With large amounts of data transfer and e-payment needs, NFC is one of the prime technologies contributing towards fast and secure transmission of electronic signals, data and money. This paper focuses on NFC technology utilisation for a simplified and secure unified transaction system using IOT. Internet of things is a technology of present and future which has its applications in various fields like healthcare, transportation, manufacturing etc… There has already been a lot of research and developments on utilisation of NFC technology for transactions, but we propose a secure wireless transaction system by providing features such as database connectivity and user authentication in the system
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