Electronic Money for Cashless Transactions

Abstract

The venture for the most part manages a moment cash exchange starting with one individual then onto the next independent of the separation between them. Each individual will be having a shrewd card with them having their information base like Name, Account Number, Balance et cetera in the incorporated server. On the off chance that one individual needs to give some add up to someone else then basically he have to swipe his card with another people's card so cash can be exchanged in a split second to recipient's record. Presently the individual who has gotten the cash, no compelling reason to go to an ATM to pull back a sum, rather he just needs to swipe his card with the another people's card to whom he needs to pay the sum. So this procedure will be proceeded among every one of the people including every one of the banks and business fields. Subsequently there is just flow of Imaginary cash in the general public and there is no inclusion of hard money.