Multibanking Transaction System by One Touch

Abstract

The Multi Banking System Interface is  geared toward becoming a part of the future banking  solution for customers who have numerous bank accounts  held at a variety of financial institutions. This interface  incorporates all of the established institutions and offers  business solutions applicable to individual as well as  corporate customers. This method functions as a  standardized communication between the customers and  all of the different institutions. Any customer who has  accounts in multiple institutions and uses this gateway to  access those accounts can immediately connect on to the  Multi Banking System Interface and complete any kind of  transaction they desire. The system will take care of each  and every responsibility that is necessary in order to  conduct transactions in a seamless manner behind the  scenes. Every person has a number of ledgers that are  kept apart from institutions; individuals have to carry a  number of different ATM cards in order to make transactions; and each ledger may have a different PIN. In  customary framework, ATM terminal client  acknowledgment frameworks just depend on bank cards,  security pin number, and such personality check  strategies which measures are not great and capacities are  excessively single and on occasion there are episodes  where we overlook our own security PIN number, lose  our cards, cards get taken, taken PIN numbers.