TechnoCrtes Bipul Biplav Mukherjee Manish K Shukla Axit D Gandhi Vikas Kundu Presents Aadhaar Transactions 1 The Personification of TeamWork 2 Top 4 deas ID: 234818
Download Presentation The PPT/PDF document "Group 10: Team" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
Group 10: Team TechnoCr@tes
Bipul Biplav MukherjeeManish K. ShuklaAxit D. GandhiVikas Kundu
Presents:Aadhaar Transactions
1Slide2
The “Personification” of “Team-Work”
2Slide3
Top 4 !deas.
3Slide4
Problem Statement
Although ATM has become quite ubiquitous today, there is still a practical limit on the number of ATMs around you.Also, it’s quite common to encounter Card clashes, i.e. when your retailer doesn’t accepts your Smart card.We formulated all these problems, and finally define our problem statement as : “People now a days need a uniform means for performing daily cash transactions because of lack of uniformity and security in the current approaches.”
4Slide5
Aadhaar Transactions At Glance
We Propose a System, wherein a single aadhaar card can substitute any number of ATM cards and also will reduce the flow and requirement of carrying hard cash.It basically involves associating each and every bank account of every aadhaar card holder to his UID number, which further will allow the card holder to make transactions using any of this bank accounts
The Proposed system will allow you to carry out all of your commercial or personal transactions, using just your Aadhaar card and a portable device.
The Transactions can be both inwards & Outwards, i.e. can be either receipt or payments.
5Slide6
Working of Aadhaar Transactions
6Slide7
7
Proposed Model of the ATDThe Touch Screen Panel that will be used for user interaction.The Thumb Scanning Panel that will be used for retrieving corresponding UID numberSlide8
Steps to use ATDsSlide9
Payments :
Cashier provides you with the ATD. Swipe your thumb on the thumb panel to retrieve your aadhaar card details.select your bank account from which you want to make the payment.select the amount, confirm and the required amount will be credited to the retailer’s account.Receipts :
Offer your ATD to the paying party. Make Sure he enters the correct amount for payment.
As soon as he confirms the payment, your default bank account will be credited with the respective amount.
9
Steps to use Proposed deviceSlide10
Tools Of Creativity : Fish Bone Diagram
Human
Machine
Method
Material
Forgetting PIN
Losing ATM Card
Mishandling the ATM
ATM Machine failure
Chances of Thefts
Continuous Monitoring and Maintenance
Lack of Multi ATM support system
Card swipe problems
Problems in
Current Payment System
10
Card deteriorate
Hard cashes prone to wear and tearSlide11
Tools Of Creativity : Six Thinking Hats
11Slide12
12Slide13
Cost Specifications of Aadhaar Transactions
Approximate cost of the ATD : Rs. 3000 A Continuous internet Connection : Max. Rs. 200 Total -- Rs. 3200.13Slide14
Help needed. !
Separate Departments where people can register their bank accounts with their UID.Spread awareness regarding this product through Advertisements, seminars, campaigns etc.Collaboration with an electronic company for producing the ATD.Support from Government and Different BanksInternet Connection.14Slide15
Benefits
Necessity to carry hard cash is considerably reduced.We can use this system in both commercial ways and personal ways.We can pay toll tax, salary, bills, debts and virtually do anything that hard cash can. ATD is affordable for anyone to own it.We can use it in restaurants, malls, theaters and even at grocery shop or “sabji-mandi”
More safe.
No fear of wear and tear.
15Slide16
Future Prospects
We can set up transactions limit in our device.If transaction exceeds the defined limit , then notification will be sent.In case we lose our device somewhere, mechanism can be set to trace our device. We can retrieve our transaction history over a certain period of time.Based on the sophistication to which aadhaar card services are taken, this device will adapt itself accordingly.16Slide17
17