Abstract :

There exist lot many methods of authentication for money transactions. The traditional method of e- payment especially debit card and credit card method of transaction has its own risk. Still necessity forces the people to use e- payment system for convenience. The novel method proposed in this work using LabVIEW platform using myRIO provides reliable firmware solution to this problem. Since fingerprint is the identified authentication used in this work for cashless transaction, theft involved is easy to identify. Every individual has unique fingerprint and hence fraudulent person is able to trace out easily. Transaction is possible only when the fingerprint matched with that of the user already stored in the database. This method is useful for banking sector, hospitals, and shopping malls.