Mobile Banking Site

ABSTRACT:

"Mobile Banking refers to provision and availment of banking- and financial services
with the help of mobile telecommunication devices.The scope of offered services may
include facilities to conduct bank and stock market transactions, to administer accounts
and to access customised information."
According to this model Mobile Banking can be said to consist of three inter-related
concepts:

Mobile Accounting

Mobile Brokerage

Mobile Financial Information Services

Most services in the categories designated Accounting and Brokerage are transactionbased. The non-transaction-based services of an informational nature are however
essential for conducting transactions - for instance, balance enquiries might be needed
before committing a money remittance. The accounting and brokerage services are
therefore offered invariably in combination with information services. Information
services, on the other hand, may be offered as an independent module.

Introduction
Many believe that mobile users have just started to fully utilize the data capabilities in
their mobile phones. In Asian countries like India, China, Bangladesh, Indonesia and
Philippines, where mobile infrastructure is comparatively better than the fixed-line
infrastructure, and in European countries, where mobile phone penetration is very high
(at least 80% of consumers use a mobile phone), mobile banking is likely to appeal even
more.

Mobile devices, especially Smart phone are the most promising way to reach the masses
and to create stickiness among current customers, due to their ability to provide
services anytime, anywhere, high rate of penetration and potential to grow. According to
Gartner, shipment of smartphones is growing fast, and should top 20 million units (of
over 800 million sold) in 2006 alone.
In the last 4 years, banks across the globe have invested billions of dollars to build
sophisticated internet banking capabilities. As the trend is shifting to mobile banking,
there is a challenge for CIOs and CTOs of these banks to decide on how to leverage their
investment in internet banking and offer mobile banking, in the shortest possible time.

Mobile Banking is a web based application which is developed to serve the people for
their money transferring purpose and in order to relive the customers workload in their
busy lives. It helps in transferring money in time and in a hassle free manner which also
ensures reliability that the money is securely transferred to the receiving authority.
Now a days money transferring includes a lot of manual work and a hefty job. It is a
difficult task for the people in their busy lives. The customers are forced to wait in queue
in the bank for this transfer process and to fill in the details and it is unavoidable. Though
these can be done at multiple counters at different locations working people and business
people find it more difficult of this unavoidable inconvenience.

So as to overcome these difficulties Mobile Banking is developed. It ensures transfer of

money from the senders account to the receivers account provided that the users have
supplied proper account number and secret code and the receivers account number. The
end user can transfer and check the information about every transaction about their
transfers and withdrawals from the internet itself. The added advantage of this application
is, it ensures checkpoint reliability at every step even if there is power shut downs or

system crashes. Since at any moment the transaction details are maintained the transfer
process is ensured.

The customer has also an option of checking all the previous transactions, whether the
transaction process is success, the date and exact time of the transaction, and the number
of transactions performed in a particular date and etc.

Existing System:
Over the last few years, the mobile and wireless market has been one of the fastest
growing markets in the world and it is still growing at a rapid pace. According to the
GSM Association and Ovum, the number of mobile subscribers exceeded 2 billion in
September 2005, and now exceeds 2.5 billion (of which more than 2 billion are GSM). In
the last 4 years, banks across the globe have invested billions of dollars to build
sophisticated internet banking capabilities. As the trend is shifting to mobile banking,
there is a challenge for CIOs and CTOs of these banks to decide on how to leverage their
investment in internet banking and offer mobile banking, in the shortest possible time.

Proposed System:
With mobile banking, the customer may be sitting in any part of the world (true anytime,
anywhere banking) and hence banks need to ensure that the systems are up and running
in a true 24 x 7 fashion. As customers will find mobile banking more and more useful,
their expectations from the solution will increase. Banks unable to meet the performance
and reliability expectations may lose customer confidence.There as systems such as
Mobile Transaction Platform which enable quick and secure mobile enabling of various
banking service. Recently in India there has been a phenominal growth in the use of
Mobile Banking applications with leading banks adopting Mobile Transaction platform
and the Central Bank (RBI )publishing guidelines for mobile banking operations.

 Very fast and accurate

No need of any extra manual effort
No fever of data loss
Doesnt require any hardware device.
At last very easy to transfer money in few minutes.
Just need a little knowledge to operate the system.

Scope of the Project:

Scope decides the efficiency of the project
The project Mobile Banking extends its scope to various layers of
users.
It can be used by all who access the internet and need to transfer
money with in a very short time with the added advantage of reliability
and in a rapid manner.
This system is developed with an objective to automate the online
money transfer process in a hassle free manner and with a complete
reliability. Its main aim is to help every customer to transfer their
money with confidence and to ensure reliability that the amount has
been transferred successfully.
The system is very secure and prevents the account number and
secret code theft of the customers who are transferring their money
online.

Software Requirements Specification:

Hardware Interfaces
Processor Type

: Pentium -IV

Speed

: 2.4 GHZ

Ram

: 256 MB RAM

Hard disk

: 20 GB HD

Software Interfaces
Operating System

: Win2000/Windows XP

Programming Package

: Asp.Net, C#.

Front End

: Microsoft visual studio 2.0 (Asp.Net),

Microsoft async 4.0

Back End

: SQL Server

Server

: Local Host.

Conclusion
The Software/system was successfully developed to meet the needs of the client.
It was found to provide all the features that required for the organization. The accuracy
and complexity of the software are also ensured.
The System provides benefits such as user-friendly environment, effective
problem resolution and powerful search mechanisms. There is no limitations for the
Concurrent users.
Apart from the above benefits, the system also holds the benefits provided by the
technologies used in the development. They are:

Flexibilities
The System is more flexible in the sense that the changing requirements of the
user can be easily added to the application thereby making the application recent in future
too.
Since, the Designing of the Screens is by using the .NET Technology, anyone
knows the .NET Designing steps, can continue the process from which anyone else has
quit from.
Since the system is a Web-based one, the client can access the very same server
from anywhere in the Globe.

Enhancements
All software products aim at lesser degree of maintenance. This is quite natural,
but enhancements also pour in, in due course of time, which is unavoidable Better
technologies developers aiming for sophistication and increasing need of customers are
all part and parcel of the software.

Reference:
BIBLIOGRAPHY

Asp.Net Data Web Controls - by Scott Mitchell

Asp.Net - by Stephen Walther

Asp.Net for Web Designers -by Peter Ladka

C#: The Complete Reference. By Schildt, Herbert.

SQL: The Complete Reference, Second Edition. by James R Groff & Paul N.
Weinberg

Transact-SQL Language Reference Guide. Published By:

www.DyessConsulting.Com