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Contactless Automated Teller Machine

	International Journal of Scientific Research and Engineering Development (IJSRED)	Full Text:
	Published Issue : Volume-4 Issue-2
	Year of Publication : 2021
	Unique Identification Number : IJSRED-V4I2P86
	Authors : Ms.M.Ramya Princess, S.Ajit, D.Aravindhan, E.Gokul
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Abstract :

Due to Coronavirus pandemic, contact with objects increases the risk of causing infection. So by using contactless methods to withdraw cash from ATM will reduce the risk of causing infection and also improve the speed of Transaction.Traditionally, the ATM has been using a magnetic stripe card for identification of the accountholder and the PIN for authorisation. For using contactless ATM, the customer has to use the payment apps to scan a QR code on the screen and enter the amount and Security PIN in his mobile, and collect the cash without touching the machine. Compared with already existing methods the proposed method requires only 25 seconds for completing the transaction. It also eliminates the risk of card skimmed and individual card for every bank is not mandatory, we need only single app to withdraw cash from any ATM.It also provides the same EMV level of security as contact for online authorization.