A Reliable ATM Protocol and Comparative Analysis on Various Parameters with Other ATM Protocols

Abstract

An automated teller machine (ATM) is a new banking system in which an account holder can access his/her account anytime and anywhere with bank given ATM cum Debit card. User can interact with the bank through this card. Some more facilities are there by using this machine. But system has lacks of security issues like masquerading etc. for the user. Therefore this problem encourages us to introduce an efficient system to fight with the all possible threats by using DynaPass on existing mobile network. An efficient protocol proposed here to minimize these threats. This protocol has modelled through Petrinet diagram using Tina Pro under various parameters. And finally it compared with the existing protocols on the ground of security, delay and cost.