School Work

E-banking

Description
kkk
Categories
Published
of 28
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Transcript
  http://www.final-yearprojects.co.cc/ http://troubleshoot4free.com/fyp/One place for Projects, Presentation, seminar, summer training report and lot more. NO!:-his wor is copyright to its #uthors. his is only for !ducational Purpose.$!%&N&&ON O% !-'#N(&N)!lectronic ban ing, also nown as electronic funds transfer *!%+, is simply the use of electronic means to transfer funds directly from one account to another, rather than by cheue or cash. ou can use electronic funds transfer to:a0e your paychec deposited directly into your ban or credit union chec ing account.1ithdraw money from your chec ing account from an #2 machine with a  personal identification number *P&N+, at your con0enience, day or night.&nstruct your ban or credit union to automatically pay certain monthly bills from your account, such as your auto loan or your mortgage payment.a0e the ban or credit union transfer funds each month from your chec ing account to your mutual fund account.a0e your go0ernment social security benefits chec or your ta3 refund depositeddirectly into your chec ing account.'uy groceries, gasoline and other purchases at the point-of-sale, using a chec card rather than cash, credit or a personal chec .se a smart card with a prepaid amount of money embedded in it for use instead of cash at a pay phone, e3pressway road toll, or on college campuses at the library5s  photocopy machine or boo stores.se your computer and personal finance software to coordinate your total  personal financial management process, integrating data and acti0ities related to your income, spending, sa0ing, in0esting, record eeping, bill-paying and ta3es, along with  basic financial analysis and decision ma ing.   http://www.final-yearprojects.co.cc/ http://troubleshoot4free.com/fyp/One place for Projects, Presentation, seminar, summer training report and lot more. NO!:-his wor is copyright to its #uthors. his is only for !ducational Purpose.6#7&O8 %O728 O% !-'#N(&N):&N!7N! '#N(&N):&nternet 'an ing lets you handle many ban ing transactions 0ia your personal computer. %or instance, you may use your computer to 0iew your account balance, reuest transfers  between accounts, and pay bills electronically.&nternet ban ing system and method in which a personal computer is connected by a networ ser0ice pro0ider directly to a host computer system of a ban such that customer ser0ice reuests can be processed automatically without need for inter0ention by customer ser0ice representati0es. he system is capable of distinguishing between those customer ser0ice reuests which are capable of automated fulfillment and those reuests which reuire handling by a customer ser0ice representati0e. he system is integrated with the host computer system of the ban so that the remote ban ing customer can access other automated ser0ices of the ban . he method of the in0ention includes the steps of inputting a customer ban ing reuest from among a menu of ban ing reuests at a remote personnel computer9 transmitting the ban ing reuests to a host computer o0er anetwor 9 recei0ing the reuest at the host computer9 identifying the type of customer  ban ing reuest recei0ed9 automatic logging of the ser0ice reuest, comparing the recei0ed reuest to a stored table of reuest types, each of the reuest types ha0ing an attribute to indicate whether the reuest type is capable of being fulfilled by a customer ser0ice representati0e or by an automated system9 and, depending upon the attribute, directing the reuest either to a ueue for handling by a customer ser0ice representati0e or to a ueue for processing by an automated system.#O2#!$ !!7 2#;&N!8 *#2+: #n unattended electronic machine in a public place, connected to a data system and related euipment and acti0ated by a ban customer to obtain cash withdrawals and other  ban ing ser0ices. #lso called automatic teller machine, cash machine9 #lso called money machine.#n automated teller machine or automatic teller machine *#2+ is an electronic computeri<ed telecommunications de0ice that allows a financial institution5s customers todirectly use a secure method of communication to access their ban accounts, order or ma e cash withdrawals *or cash ad0ances using a credit card+ and chec their account  balances without the need for a human ban teller *or cashier in the (+. 2any #2s also allow people to deposit cash or cheues, transfer money between their ban accounts, top up their mobile phones5 pre-paid accounts or e0en buy postage stamps.On most modern #2s, the customer identifies him or herself by inserting a plastic card with a magnetic stripe or a plastic smartcard with a chip, that contains his or her account number. he customer then 0erifies their identity by entering a passcode, often referred toas a P&N *Personal &dentification Number+ of four or more digits. pon successful entry of the P&N, the customer may perform a transaction.&f the number is entered incorrectly se0eral times in a row *usually three attempts per card insertion+, some #2s will attempt retain the card as a security precaution to  http://www.final-yearprojects.co.cc/ http://troubleshoot4free.com/fyp/One place for Projects, Presentation, seminar, summer training report and lot more. NO!:-his wor is copyright to its #uthors. his is only for !ducational Purpose. pre0ent an unauthorised user from disco0ering the P&N by guesswor . ;aptured cards are often destroyed if the #2 owner is not the card issuing ban , as non-customer5s identities cannot be reliably confirmed.he &ndian mar et today has appro3imately more than =>,??? #2@s.!! '#N(&N):nderta ing a host of ban ing related ser0ices including financial transactions from the con0enience of customers chosen place anywhere across the )O'! and any time of date and night has now been made possible by introducing on-line eleban ing ser0ices. 'y dialing the gi0en eleban ing number through a landline or a mobile from anywhere, the customer can access his account and by following the user-friendly menu, entire  ban ing can be done through &nteracti0e 6oice 7esponse *&67+ system. 1ith sufficient numbers of hunting lines made a0ailable, customer call will hardly fail. he system is bi-lingual and has following facilities offered #utomatic balance 0oice out for the default account.'alance inuiry and transaction inuiry in all &nuiry of all term deposit account8tatement of account by %a3, e-mail or ordinary mail.;heue boo reuest8top payment which is on-line and instantaneous ransfer of funds with ;'8 which is automatic and instantaneous tility 'ill Payments7enewal of term deposit which is automatic and instantaneous6oice out of last fi0e transactions. 82#7 ;#7$:# smart card usually contains an embedded A-bit microprocessor *a ind of computer chip+. he microprocessor is under a contact pad on one side of the card. hin of the microprocessor as replacing the usual magnetic stripe present on a credit card or debit card. he microprocessor on the smart card is there for security. he host computer and card reader actually Btal B to the microprocessor. he microprocessor enforces access to the data on the card. he chips in these cards are capable of many inds of transactions. %or e3ample, a person could ma e purchases from their credit account, debit account or from a stored account 0alue that5s reload able. he enhanced memory and processing capacity of the smart card is many times that of traditional magnetic-stripe cards and can accommodate se0eral different applications on a single card. &t can also hold identification information, which means no more shuffling through cards in the wallet to find the right one -- the 8mart ;ard will be the only one needed. 8mart cards can also be used with a smart card reader attachment to a personal computer to authenticate a user. 8mart cards are much more popular in !urope than in the .8. &n !urope the health insurance and ban ing industries use smart cards e3tensi0ely. !0ery )erman citi<en has a smart card for health insurance. !0en though smart cards ha0e been  http://www.final-yearprojects.co.cc/ http://troubleshoot4free.com/fyp/One place for Projects, Presentation, seminar, summer training report and lot more. NO!:-his wor is copyright to its #uthors. his is only for !ducational Purpose.around in their modern form for at least a decade, they are just starting to ta e off in the .8. $!'& ;#7$: $ebit cards are also nown as chec cards. $ebit cards loo li e credit cards or #2 *automated teller machine+ cards, but operate li e cash or a personal chec . $ebit cards are different from credit cards. 1hile a credit card is a way to Bpay later,B a debit card is away to Bpay now.B 1hen you use a debit card, your money is uic ly deducted from your chec ing or sa0ings account.$ebit cards are accepted at many locations, including grocery stores, retail stores, gasoline stations, and restaurants. ou can use your card anywhere merchants display your card5s brand name or logo. hey offer an alternati0e to carrying a chec boo or cash.!-;!C!:#n e-;heue is the electronic 0ersion or representation of paper cheue.he &nformation and egal %ramewor on the !-;heue is the same as that of the  paper cheue@s.&t can now be used in place of paper cheues to do any and all remote transactions.#n !-cheue wor the same way a cheue does, the cheue writer BwritesB the e-;heue using one of many types of electronic de0ices and Bgi0esB the e-;heue to the  payee electronically. he payee BdepositsB the !lectronic ;heue recei0es credit, and the  payee5s ban BclearsB the e-;heue to the paying ban . he paying ban 0alidates the e-;heue and then BchargesB the chec writer5s account for the chec O!7 %O728 O% !!;7ON&; '#N(&N)$irect $eposit!lectronic 'ill Payment!lectronic ;hec ;on0ersion;ash 6alue 8tored, !tc. '!N!%&8/;ON;!7N8 O% !-'#N(&N)'!N!%&8 O% !-'#N(&N)
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks
SAVE OUR EARTH

We need your sign to support Project to invent "SMART AND CONTROLLABLE REFLECTIVE BALLOONS" to cover the Sun and Save Our Earth.

More details...

Sign Now!

We are very appreciated for your Prompt Action!

x