Preview

Electronic Money Transfer

Powerful Essays
Open Document
Open Document
940 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Electronic Money Transfer
TABLE OF CONTENTS
Page
Title Page i
Approval ii
Dedication iii
Acknowledgement iv
Table of Contents v-vii
Abstract viii-ix

Chapter One
Introduction
1.1 Background of Study
1.2 Objective of Study
1.3 Significance of Study
1.4 Scope of Study
1.5 Limitation of Study
1.6 Research Methodology
1.7 Choice of Programming Language

Chapter Two
Literature Review
2.1 Concept of Electronic Money
2.1.1 Types of Electronic Money
2.1.1.1 Identified Electronic Money
2.1.1.2 Anonymous Electronic Money
2.2 Overview of Electronic Money
2.3 Electronic Money Payments
2.3.1 Automated Teller Machine
2.3.2 Credit Cards
2.3.3 Debit Cards
2.3.4 Stored Value Instruments
2.3.5 Smart Card
2.3.6 Micropayments and E-Checks
2.4 Wire Transfer and ACH
2.5 Benefits of Electronic Money

Chapter Three
System Analysis and Design
3.1 Analysis of Existing System
3.2 Design Approach
3.3 System Design
3.4 System Operation

Chapter Four
Implementation and Documentation
4.1 System Requirement
4.2 Programming Language Selection
4.3 Program Design
4.4 Program and System Execution
4.5 Program Implementation and Operation
4.6 Program Testing and Debugging
4.7 Program Documentation
4.8 Software Maintenance

Chapter Five
Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation

Bibliography
{Author’s Name, Year} Title, Publisher
Appendix A
{System Flowchart and Programming Flowchart}
Appendix B
{Source Code/Program Listing}
Appendix C
{Program Output} ABSTRACT

Electronic Fund Transfer appears for many as the next logical step in advanced electronic and computing technology, having the potential to become the money of the future, electronic fund transfer (ETF) has caught the eyes of entrepreneurs, IT professionals, computer scientists and economists.

ETF is in two commercial products, the card-based and software-based. This research emphasis on ETF is from the

You May Also Find These Documents Helpful

  • Good Essays

    Nt1310 Unit 7

    • 1479 Words
    • 6 Pages

    * IOS – Electronic funds transfer (EFT). Electronic data interchange (EDI). XML. Radio frequency identification (RFID)…

    • 1479 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    16 Day Coursebook BOWS

    • 27912 Words
    • 91 Pages

    Recognizing Overbought/Oversold Areas in the Market The Causes of Market Gaps and How to Trade Them Chapter 10 - Market Breadth Advances vs. declines Reading Indices 4% breakouts vs. 4% breakdowns New highs vs. New lows Breadth Thrust Chapter 11 - ETF Trading and Sector Analysis Advantages of Trading ETFs Our Favorite ETFs to trade…

    • 27912 Words
    • 91 Pages
    Powerful Essays
  • Powerful Essays

    covering over 3,000 securities in more than 51 countries. We will be looking at their three main…

    • 1506 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Bis/220 It Acts Paper

    • 590 Words
    • 3 Pages

    The increasing popularity of online shopping, automated teller machines (ATMs), online banking, point-of-sale terminals, telephone bill payments, and many other monetary devices that use the internet created major security issues. The threat of identity theft, stolen banking information, and other personal information was cause for major concern. With these threats looming, the Electronic Fund Transfer Act (EFTA) was created to protect people who were entering a new age of technology. This act protects people while using access devices. According to The Federal Reserve (2008), an “Access device is a card, code, or other means of access to a consumer’s account or a combination used by the consumer to initiate EFTs. Access devised include debit cards, personal…

    • 590 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Payments Method

    • 263 Words
    • 2 Pages

    Fee-for-service is when a patient pays a fee for the services provided by a healthcare provider. According to Valerius et al. (2012), the more patients a physician sees in the fee-for-service, the more charges the health plan repays (section 1.4, p. 11). On the other hand, capitation payment cycles involve the first party, which is the patient, policyholder or employer (Valerius et al, 2012). Also the capitation payment cycle includes the second party, which is the provider and insurance specialist, as well as the third party, which is the health plan (Valerius et al, 2012). Capitation is a fixed payment method, which a certain amount of money is reimbursed to the provider for patients enrolled for a specific time frame regardless of the services delivered or how many office visits(Valerius et al, 2012).…

    • 263 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The electronic funds transfer act was put in place in 1978, it is also known as (EFTA). The electronic funds transfer act was enacted to protect both the consumers and the banking institutions when the consumers use electronic technology to manage their finances. Electronic technologies have replaced most paper transactions. This act provides requirements for consumers and banking institutions. The six basic services that are covered under this act are; ATM transactions, direct deposits, pay-by-phone, internet transactions, debit card transactions, and electronic check conversions (“Debt.org”, 2013). The electronic funds transfer act helps protect all those that are involved in technology related banking. Without this act in place, some consumers may have a harder time being ethical about the transactions he or she has done. On the other hand, banking institutes are held to a higher standard, decreasing unethical choices. This act helps lay down an ethical foundation for all parties involved.…

    • 640 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Information Technology

    • 765 Words
    • 4 Pages

    The Electronic Fund Transfer Act was passed by the U.S. Congress in 1978 and signed by President Jimmy Carter, to establish the rights and liabilities of consumers as well as the responsibilities of all participants in electronic funds transfer activities. Electronic funds transfer (EFT) provides an alternative method of paying for goods and services and making a wide range of financial transactions. A few of the most popular EFT services include:…

    • 765 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Electronic fund transfers (EFT); funds are transfer from the customer account to ours electronically. At the time of enrollment the customer completes a form with all their bank information and the date the money will be debited from their account.…

    • 680 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The three major types of electronic commerce are business-to-consumer (B2C), business-to-business (B2B), and consumer-to-consumer (C2C). Mobile commerce, or m-commerce, is the purchase of goods and services using handheld wireless devices. B2C or Business to Consumer, involves retailing products and services to individual shoppers. Barnesandnoble.com, which sells books, software, and music to individual consumers, is an example of B2C e-commerce. B2B, Business to Business, involves sales of goods and services among businesses. ChemConnect’s Web site for buying and selling natural gas liquids, refined and intermediate fuels, chemicals, and plastics is an example of B2B e-commerce. C2C, or Consumer to Consumer, involves consumers selling directly to consumers. For example, eBay, the giant Web auction site, enables people to sell their goods to other consumers by auctioning the merchandise off to the highest bidder.…

    • 397 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Why ETF are dangerous

    • 501 Words
    • 3 Pages

    The researchers reached this conclusion by analyzing a dataset containing all the portfolio transactions between 2005 and 2010 of nearly 8,000 clients of an online German brokerage firm. This extensive dataset allowed the researchers to focus separately on those investors who began investing in ETFs during this period. Believe it or not, the average performance of the investors in this subset was lower than that of the remainder of investors who did not.…

    • 501 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Etfs vs Index Funds

    • 748 Words
    • 3 Pages

    How are ETFs different from index funds? Comment on their popularity and the future of EFTs.…

    • 748 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Sad Documentation Outline

    • 306 Words
    • 2 Pages

    SAD Documentation Outline Chapter 1.0 Introduction 1.1 Background of the Study 1.2 Statement of the Problem 1.3.1 General Problem 1.3.2 Specific Problems 1.3 Objective of the Study 1.4.3 General Objective 1.4.4 Specific Objectives 1.4 Significance of the Study 1.5 Scope and Limitation of the Study Chapter 2.0 Methodology of the Study Chapter 3.0 Data Gathering 3.1 Data Gathering Procedures 3.2 Data Gathering Instruments Chapter 4.0 The Existing System 4.1 Company Background 4.2 Description of the System 4.3 Data Flow Diagram 4.4 Data Dictionary Chapter 5.0 The Proposed System 5.1 System Overview 5.2 USE Case Diagram 5.3 Data Dictionary 5.4 E-R Diagram 5.5 Tables and Files Layout 5.6 Screen Layout Specifications 5.7 Report and Form Specifications 5.8 Program Module Specifications/Activity Diagram Chapter 6.0 System Coding 6.1 Programming Language 6.2 Special-Purpose Language Tools Chapter 7.0 System Testing Plan 7.1 Testing Stages Chapter 8.0 System Implementation Plan 8.1 Resource Requirements 8.1.1 Hardware Requirements 8.1.2 Software Requirements 8.1.3 Human Resource Requirements 8.2 Implementation Requirements 8.2.1 Site Preparation 8.2.2 Data Conversion 8.2.3 Installation Approach 8.2.4 Personnel Training Chapter 9.0 System Maintenance Plan 9.1 Maintenance Type 9.2 User Support APPENDICES Appendix A : Letters and Evaluation Sheets Appendix B : Project Feasibility Appendix C : Gantt Chart Appendix D : Data Gathering Tool Used Transcript of Interview Questionnaire On-site observation (Pictures Taken)…

    • 306 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Electronic Banking system has become an important practice among Commercial banks in Nigeria. The introduction of the electronic banking has improve banking efficiency in rendering services to customer. In line with his study the is to aim at examine the impact of electronic banking system in Nigeria. Through the cluster sampling techniques, data was collected by means of questionnaires from 40 unity bank Officers and the result shows that Unity Bank electronic banking guidelines are in line with CBN electronics banking guidelines. The Bank has an effective electronic banking system which has improve the customers relationship and satisfaction. To this and it is recommended that bank information technology training program should be encourage among the staff of Unity Bank. Therefore it is concluded that necessary legal codes banking should established in order to enhance growth of the industry.…

    • 10564 Words
    • 43 Pages
    Powerful Essays
  • Good Essays

    direct cash transfer

    • 911 Words
    • 4 Pages

    Poverty elimination and inclusive growth are the top most priority for the welfare of every state. To meet these socio- developmental objectives, a number of Government sponsored programs and schemes have been introduced. However, there have been issues associated with the efficiency and effectiveness of the same. Rampant leakages and corruption have made many of the schemes and programs dysfunctional. Direct Cash Transfer to the poor has been aimed to mitigate these malaises.…

    • 911 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    With a heavy increase in the number of online trading account holders, from 20 million in 2012 to nearly 24 million in 2014, the IT sector has realized the potential that is available to exploit. Also, with internet continuously reaching sky-high numbers in terms of consumers, the nature of the financial services has dramatically changed. Online trading accounts removed the need for maintaining the necessary trading documents and certificates as an alternate trouble-free path via the internet.…

    • 1199 Words
    • 5 Pages
    Powerful Essays