Year: 2024
Type: conference-paper
Abstract: CashMate is an e-wallet application designed with the needs of the youth and upcoming generations in mind. The application aims to revolutionize the way users manage their finances and make transactions in a digital world. One of its standout features is the Money Locking functionality, allowing users to reserve or lock a specific amount of money based on their budget. Maintaining this locked amount rewards users with coins, fostering a habit of responsible spending and savings, especially beneficial for students. The app supports Multi-Currency Calculator and analyzer, catering to users who frequently travel or work across borders. It offers flexibility in calculating rates, offers statistics for various countries and comparison based on location and provides users transparency of rates if they want to visit the bank and convert their currencies. The gamified theme of CashMate's UI(User Interface) makes the experience engaging and enjoyable. With meme-based notifications, anime alerts, and a reward/coupon system, users are motivated to participate actively in the platform. To enhance security, CashMate employs a two-factor authentication system comprising OTP (One Time Password) verification and facial recognition powered by Google ML Kit and seamlessly integrated with Firebase. The goal of the paper is to promote a cashless economy by offering a user-friendly interface and incorporating engaging features tailored specifically for the next generation.
Authors: Maneka Singh, Rohit Singh, Samiksha Gupta, Ankita Jaiswal
Institution: Jaypee Institute of Information Technology
Language: English
Topic: Mobile and Web Applications
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: gold
OpenAlex ID: W4403882718