CARD TRANSACTION USING AADHAR CARD

Authors: Nancy Mandle, Purva Trivedi

Certificate: View Certificate

Abstract

The creation of a mechanism for conducting transactions using credit cards that would be compatible with Aadhar verification. The use of credit cards and debit cards is rapidly becoming the most prevalent method of payment for large purchases, which is driving an increasing number of companies to seek out credit card processing services. The solution that has been offered offers a technique for the system that handles credit card transactions that will interact with the Aadhar verification.

Introduction

This paper provides the recent developments concerning the use of Aadhaar cards for financial transactions. Its primary function is to ensure safety. In this chapter, we take a look at the chapter's overview, the present system, the proposed system, the issue description, the necessity, and the scope of card transactions utilizing Aadhar cards. 1.1 Overview Verification using Aadhaar : According to the citizenship law, if you were born in India or to Indian parents on or after January 26, 1950 but before July 1, 1987, then your birth certificate should suffice as proof that you are an Indian citizen. If this is the case, then you do not need any other documentation to prove that you are an Indian citizen. The Aadhaar card, contrary to the widespread notion, is not a valid evidence of Indian citizenship either. We need A valid form of identification must be shown in order to get basic necessities such as power, water, SIM cards for mobile phones, and so on. This evidence of one's identification may be shown in the shape of a driver's license, a passport, an Aadhar card, a ration card, or a PAN card. Without these types of identity proof, we are unable to obtain such essential basic needs. In accordance with the revision to the citizenship laws of 2003, all citizens are required to have national ID cards. Existing System: These days, the self-service banking system has gained widespread popularity Thanks to its capacity to provide high-quality assistance for customers around the clock. It is highly usual for clients to make use of automated teller machines, often known as ATMs, which provide users the convenience of dealing in banknotes. However, there has been a steady increase in the number of cases of financial crime in recent years. Many perpetrators of these crimes illegally tamper with ATM terminals in order to obtain credit card information and passwords from customers. As soon as the user's bank card is misplaced and the associated password is taken, the criminal will withdraw all cash in the shortest amount of time, causing the consumer to suffer tremendous financial losses. The question of how to verify a customer's identification in today's world has grown more important in the banking sector. Although conventional ATMs often authenticate users by having them provide both their credit card and their password, this approach is not without its flaws. The customer's identity cannot be completely confirmed by using just their payment card and password. In recent years, an algorithm that the fingerprint recognition constantly updated and check Aadhar detail has provided us with new verification methods. This has been possible thanks to the development of these technologies. We are able to accomplish our aim of making the usage of automated teller machines (ATMs) safer by combining the traditional password authentication technique with biometric identification technology. This combination verifi

Conclusion

The objective of our proposed project, which is titled \"Credit Card Transaction with Aadhar verification,\" is to cut down on the number of instances of credit card fraud that may take place throughout the course of an online payment transaction. The purpose of this project is to automate the process of doing online transactions and to build a system that can do it in a dependable and effective manner. The capability of the system to authenticate or limit a user is part of its functionality. It need to have sufficient adaptability to allow users to utilize it without any difficulty or reluctance at all. Since the camera is such an important component to the operation of the system, it is essential that both the picture quality and the performance of the camera in real-world conditions be rigorously verified before the system can be put into production. This approach provides an adequate level of security, can be relied upon, and is readily accessible. There is no need for any specialist hardware in order to implement the system in a financial institution\'s software. It is possible to create it by combining a camera and a computer.