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ATM Transaction using One Time Password (OTP)

Author(s):

P. Vinothini , RAJAH SERFOJI GOVERNMENT COLLEGE ( AUTONOMOUS) THANJAVUR; Dr. K. Mohan Kumar, RAJAH SERFOJI GOVERNMENT COLLEGE ( AUTONOMOUS) THANJAVUR

Keywords:

ATM, One Time Password, OTP

Abstract

This study proposes a secured ATM (Anytime Money) System using a card scanning system along with OTP password received through SMS to improve security. Usual ATM systems do not contain the OTP feature for money withdrawal. If an attacker manages to get hold of ATM card and the pin Number, he may easily use it to withdraw money frequently. So this proposed system supports the ATM card scanning system along with an OTP system. The user may scan his card and login to the system. After entry into the system, the user can view the details. But the user can't do the transaction to withdraw the money. In this situation user should enter the OTP which is received from mobile phone. So, OTP should be generated and send to the user's authenticated mobile phone in order to withdraw money. Thus this new system provides a totally secure way to perform ATM transaction with two level security structure.

Other Details

Paper ID: IJSRDV6I60090
Published in: Volume : 6, Issue : 6
Publication Date: 01/09/2018
Page(s): 105-110

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