International Journal of Computer Science and Mobile Computing (IJCSMC)
Initially mobile phones were used only for calls and messaging services. Now-a-days almost all the basic utility devices around the people have been replaced by mobile phones, ranging from simple alarm clock to controlling ubiquitous devices remotely. Mobile phones now-a-days are much smarter compared to the devices used for payment processing in the early ages of banking. The plastic cards that the users carry in their wallets like financial cards, membership cards, driving license etc. all hold digital data. This gave inception to the idea of placing the plastic cards onto a mobile phone.