International Journal of Advanced Research in Computer Science and Software Engineering (IJARCSSE)
In traditional transactions, the coins and currency notes were the common modes of money exchanges. Later on this system shifted to manual banking mode. A traditional user is always paranoid of safety of real (physical) money. In case the people use the bank facilities then they has to go to a bank for opening an account, to get the cash, to get a cheque book issued and getting a draft prepared. But the advancement in electronics and computers has completely changed the scenario of traditional dealing.