Money Pad the future wallet

1. Money Pad, The Future Wallet
By,
V.Umesh Kumar

2. Keywords
 Introduction
 Credit and Debit cards
 Smart cards
 Electronic purses
 Money pad
 Uses
 Design of the system
 Field of implementation
 Conclusion.

3. Introduction
 Biometrics.
Security.
Finger Print recognition.
 Forms.
 Accessing.
 Authorization.
 E-cash.
 E-cheque.

4. Credit and Debit Card
 Definition`
 Providing details.
 Transactions over Internet.
 Processing.

5. Smartcards
 Definition
 Uses.
 Memory.
 Accessing.

6. Electronic Purses
 Flexibility.
 Relation ship based cards.
 Financial instrument.
 Wallet-sized smart cards useful in
Buying food,
To making photocopies,
To paying subway fares.

7. Money Pad
 Floppy disk.
 Consists of peripherals like:
A touch sensor and
Magnetic disk as its peripherals.
 Details of the owner.
 Transactions.

8. Why use Money pad?
 Instant clearing of funds
 Avoids the insecure way of carrying money
 Provides strong security
 Can be meet by a common man
 Avoids the nuisance of renewing

9. Design of the system

10.  The accuracy of any biometric system is
measured in two ways
• False Acceptance Rate — Where an impostor is
accepted as a match
• False Rejection Rate — where a legitimate match is
denied access

11. Fields Of Application
 Applicable in e-banks and in any kind of e-transactions
 Can be used to carry out remote transactions
 Useful to carry Digital cash
 Utilization of personal data in filling order forms
 Applicable in m-commerce transactions
 Applicable in daily life

12. Conclusion
 For a digital currency system to attain widespread
recognition and use the following three requirements are
necessary:
1. Instant clearing of funds
2. Elimination of payment risk
3. Secure transactions using strong encryption
 Since the Money Pad aims to satisfy the above conditions
there is no doubt that in near future it will be widely
recommended for use .

13. Thank You