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17 Νοε 2013 (πριν από 3 χρόνια και 8 μήνες)

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Project Name:

Ultra Payment System (UPS)



Project Members:


Introduction:


Ultra Payment System (UPS) enables you to make secure payments from the comfort of your home or
office. So its time to say goodbye to late payment fines, long queues, lost
bills, and commissions paid to
local errand boys.

UPS may be initiated by a cardholder when a payment card such as a credit card or debit card is used.
This may take place at an automated teller machine (ATM) or point of sale (POS), or when the card is not

present, which covers cards used for mail order, telephone order and internet purchases.

Transaction types

A number of transaction types may be performed, including the following:



Withdrawal
: the cardholder withdraws funds from their account, e.g. from an

ATM. The
term
Cash Advance

may also be used, typically when the funds are advanced by a
merchant rather than at an ATM



Enquiry
: a transaction without financial impact, for instance balance enquiry, available
funds enquiry, linked accounts enquiry, or requ
est for a statement of recent transactions
on the account



E top
-
up
: where a cardholder can use a device (typically POS or ATM) to add funds (top
-
up) their pre
-
pay mobile phone



Mini
-
statement
: where a cardholder uses a device (typically an ATM) to obtain de
tails of
recent transactions on their account



Administrative
: this covers a variety of non
-
financial transactions including PIN change

Authorization

UPS

transactions require communication between a
numbers

of parties. When a card is used at a
merchant or ATM, the transaction is first routed to an
acquirer
, then through a number of
networks to the
issuer

where the cardholder's account is held.

Dual Message
Authorization
/Clearing

Depending on the business rules of the
issuer
, a "hold" may be placed on the funds
authorized
.
This hold reserves that amount of money for a defined period. If a transaction is not
cleared

within the defined period then the "hold" will be removed and the f
unds made available again.

Authentication

UPS

transactions may be accompanied by methods to
authenticate

the card and the card holder.
The merchant may manually verify the card holder's signature, or the card holder's
Personal
identification number (PIN)

m
ay be sent online in an encrypted form for validation by the card
issuer. Other information may be included in the transaction, some of which is not visible to the
card holder (for instance
magnetic stripe

data), and some of which may be requested from the

card holder (for instance the card holder's address or the
CVV2

value printed on the card).


Objectives:



Link multiple bills to your account



View and Pay bills anytime, anywhere



Fast, convenience and hassle
-
free



Access to all major utility billers



Get upd
ates for pending bills

on Mobiles.



Alerts of various transactions

Hardware
Requirements:




Pentium Machine



128 MB RAM (Minimum)



20 GB HDD



Ethernet Card


Software Requirements :



Windows XP



J2EE



Apache Tomcat Server



Macromedia
Dreamweaver



Java enabled Web
Browser