DESIGNING AND IMPLEMENTING A TRANSACTING SYSTEM OR AN ATM MACHINE


DESIGNING AND IMPLEMENTING A TRANSACTING SYSTEM OR AN ATM MACHINE  

ABSTRACT:          

This project is aimed at designing and implementing a transacting system or an ATM machine for Eco Bank Plc, Obosi Onicha. Specially, this study covered the activities of financial institutions in mobilizing cash payments and given the larger part of it to customers who wish to do their cash transactions electronically in Eco bank Obosi Onitsha. 

In a bid to successfully carry out a transaction receipt generating system  for an ATM  machine with a view of finding out its shortcomings, this attempt enabled the researcher to design and implement a transaction receipt generating system for cash transactions that would, if well implemented help to uplift the financial operations of Eco bank Plc Obosi Onitsha. The New system will be developed using Microsoft visual basic 6.0. This programming language was chosen because of its ideal nature for writing windows based application. 

TABLE OF CONTENT 

Title page i

Approval Page ii

Table of content iii

Dedication

Acknowledgment 

Abstract 

CHAPTER ONE

1.0.Introduction

1.1.Background of the study

1.1Statement of the problem

1.2Objective of the study

1.3Scope of the study

1.4Significant of the study

1.5Limitations of the study

CHAPTER TWO

Literature review

2.1 A.T.M

2.2.History of A.T.M

2.3.Components of A.T.M

2.4 functions of A.T.M

CHAPTER THREE

3.0 analysis of the existing system

3.2.Research methodology

3.3.Methods of data collection

3.4.Sources of data

3.5 problems of the existing system:

3.6.Input, process and out analysis

3.7.Information flow chart

3.8.Justification for the new system

3.9.Programming languages used

3.10.Input specification

3.11.Output specification

3.12.Software requirement

CHAPTER FOUR

4.1. Program design

4.2. Program flowchart

4.3 Installation and testing

4.5 Documentation

CHAPTER FIVE

5.0 summary, conclusion and 

Recommendation

5.1 Summary

5.2. Conclusion

5.3 Recommendation

Reference

Appendix 1

Appendix 11

CHAPTER ONE

1.0 INTRODUCTION 

The computerization of the banking/financial sector of the economy has really helped eliminate the manual operation of the sector including the innovation of paperless.

Following this, is the introduction of development of the ATM (Automated teller Machine) which had the most laudabe effect in the sector. However, the ATM has really terminated most of the stressful work in the banking sector like queing to check account balance, delay in cash withdrawing and transfer etc.

The ATM gained acceptance due to its Mechanism like dispensing Mechanism (to provide cash on often items of value), deposit mechanism including cheques processing module and batch not acceptor (to allow the customer to make deposits), security sensor and locks (to ensure controlled access to the contents of the vault). 

In this work, we examined our overview of the ATM and its record printer. 

1.1 BACKGROUND OF THE STUDY

The emergency of the ATM brought about the transformation in the banking sector giving rise to inter-bankng services. However, the ATMs inability to generate a hard copy of the operations carried out it has been a concern over the years. In a bid develop a receipt generating system for the ATM to enhance its user-friendliness and flexibility, this study was carried out.

1.2 STATEMENT OF THE PROBLEM

Notwithstanding the effective and excellent performance of ATM, its inability to generate a receipt after usage has posed a challenge to users. This is a situation where the machine is unable to issue a receipt which contain the users account details such as the previous balance before withdrawal (in the case of withdrawal), and current balance to the user/customer. Another problem of the system is its failure to issue a record of the business transactions carried out on it. 

1.3 OBJECTIVE OF THE STUDY

The objective of this study which is the design and implementation of a transactions receipt generating system for an ATM is as follows:-

1. Redesign and restructure the ATM in a way that it will not only give softcopy of the transaction rather be capable of generating a hardcopy of the business transactions carried out on it. 

2. Enhance the user’s friendliness with the machine since the machine gives him/her a valid update of the accout detail each time he/her uses the machine

1.4 SCOPE OF THE STUDY

The scope of this study which bothers on design and implementation of a transaction receipt generating system for an ATM is limited only to :-

⦁ Payment receipt

⦁ Withdrawal receipt

However, other companies may maintain different sources of receipt or teller, but this study, concentrates only on payment and withdrawal receipt system for Eco bank plc, Obosi Onitsha Anambra state.

1.5 SIGNIFICANT OF THE STUDY

The development of receipt generating system for an ATM enhance the user’s/customer’s knowledge of his/her account details (a complete up to date statement of account) since the system produces a receipt for the transactions he/she made. This also eliminates conflicts over statement of account between the customer and the bank’s operators and also helped transformed our economy from its cash driven nature to a more electronic was of cash conveyance and withdrawal. 

1.6 LIMITATIONS OF THE STUDY

This section discloses the constraints encountered on the course of writing this piece of work. The below is the under listed limitations encountered. 

a. TIME FACTOR:- Considering the limited time for the semester and the time to gather material/information from the project study, it was not really easy on me but all the same, I tried to apply the principle of time management. 

b. MONEY:- a lot of money was involved in sourcing for material, running the program, typing and printing the work and binding aspect

c. PROBLEM ENCOUNTERED DURING THE WRITE UP:- The toughest was on the debugging of the program, although the research aspect also posed some problems

.

DESIGNING AND IMPLEMENTING A TRANSACTING SYSTEM OR AN ATM MACHINE



TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.NET
Researchwap.net is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.net guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.net is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.net" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.