Abstract

Intelligent automation now permeates almost every aspect of living in the modern world. Intelligent automation for the issue of demand draughts, which has historically been a labor-intensive operation, is one example of such an application. Demand draughts (DDs) are only occasionally available during bank business hours, making it difficult to get one manually. We suggest an automated solution that fixes the drawbacks of the present manual setup to get around these restrictions. This cutting-edge device, which is put in bank branches, is similar to an ATM. The Near Field connectivity (NFC) technology, RFID scanners, and GSM connectivity are all included in our creative solution and are all managed by an Arduino Uno microcontroller. An RFID tag or NFC card Credit or Acts as a debit card in this arrangement. The RFID reader identifies the information on the card when a user swipes it at the terminal and sends it to the microcontroller. To create an electronic demand draught, the microcontroller processes this data, and encryption techniques are used to assure safe transactions. The specified amount is then sent immediately to the appropriate accounts, and both parties involved receive credit/debit information via SMS, further encouraging an easy and quick process.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.