Automatic Demand Draft Generation using the Automated Teller Machine

Automation of any processes in an efficient way that affect the mankind is an increasing demand of recent times. This includes the automation process that aims at instant generation of demand draft using the automated teller machine assigning a unique number for each demand draft generated coupled with availability of information for the same on the mobile. It also includes minimizing the transactions with respect to the financial institution for demand draft generation. Hence, the aim of this paper is to provide an efficient and convenient mechanism for the generation of demand draft using Automated Teller Machine. It also takes care of security issues to prevent its forceful generation by any means. There is a need to automate this process by making an instant debit on the user account from which demand draft generation is requested and credit to the account after producing the same to any respective financial institution or through the ATM itself. Also, the technical and the financial complexity of automated process are reduced by installing module within the automated teller machine which is globally accessible. This has been automated using RESTful web services which reduces the burden on the financial

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[2]  Tariq Mahmood,et al.  Adaptive Automated Teller Machines — Part II , 2011, 2011 International Conference on Information and Communication Technologies.