An add-on to present banking: M-banking

Abstract

If we talk in terms of banking sector, distribution and retrieval of financial information and facilities, as and when required, remains one of the major concerning areas. On the other hand, a large-scale development of mobile technology and upgradation of these devices with WAP and GPRS have made mobile phone a major hub for information exchange. This paper aimed to provide solution by linking the banking sector with the mobile phones. Customers can avail banking facilities via their mobile phones, through the use of m-banking. Mobile banking scores over Internet banking as it enables “anywhere and anytime banking.” This application is aimed at developing mobile banking system that allows bank customers to use their mobile phones to do banking, paying bills, etc. It consists of Web application module in JSP, i.e., J2EE and functions of another module J2ME. Some facilities such as history of payments, transfer money from one bank account to another bank account, and balance checking are provided by this system. System also enables the generation of some reports, such as daily, weekly, or monthly report of payment history and customer activity report for customers, customer activity statistics, employee activity statistics, customer login statistics, and transaction for admin.