Online hotel reservation system Essay Example for Free

Online hotel reservation system Essay1.0 INTRODUCTIONThe main purpose that argots contain been serving since their inception iskeeping our money safe for us. date keeping our money safe, they also letus earn a certain amount of interest on the money deposited with them. Traditional banks have been doing this, and lucre banks continue thesame function. The hardly difference is in the way the transactions are made.We all know about internet banking and almost of us aim of goods and services it quite often as well,but few of us actually understand about the history of internet banking andhow it all came out. Knowing the history of internet banking git be incredibly social occasionful, especially since it go forth allow us to have more than respect for the littlethings that we take for granted.Computers themselves have really come an enormous way since their initialestablishment, as the earliest electronic computing devices were so large that theywould take up the entir e area of a room, while today some are so small thatthey can hardly be seen at all.In todays world, computers play an incredibly large role in the way the worldexists in general, and the majority of tasks could actually not be get byd if not for the use of computers.Although at that place are certainly some areas and jobs that cannot yet be completed solely by computers and which thus stillrequire actual manpower, for the most part, computers have helped to makelife significantly easier, productive, and more convenient for us all.Internet banking has been around for quite a few years now, but has reallyonly become prominent everyplace the past year or so in particular. Internetbanking offers an array of different advantages to the exploiter, including account balances and history including year-to-date information, the abilityto transfer money from one account to another and to payees for billpayments, check history, reorders, and stop payments, check credit cardbalances and sta tements, complete online loan applications, secureinteractive messaging with staff, and much more.Internet banking basically allows you to be able to do everything that youcan in your regular banking institution, only with the benefit that you can doit all right from the thingamabob of your sustain home. Not only is this greatbecause you can be comfortable and have peace of mind knowing that youcan keep track yourself of all your bankingissues, but as well it allows formore ease because you never have to worry about rushing out and making itto the bank.1.1 STATEMENT OF THE PROBLEMWith the problems and limitations associated with manual bankingprocedures as witnessed in most parastatals today, complied with theproblems associated with the existing application programs until now much morein the presence of serious technological advances aimed at improvinginformation system. This is activities aimed at shedding light upon the needfor improvement in accounting activities and the sty le of achieving itsefficiency, hard-hittingness, reliability and success promising future throughcomputer intervention.Internet banking identifies a particular order of technological solutions for thedevelopment and the distribution of financial services, which rely upon theopen architecture of the Internet. With the implementation of an Internetbanking system, the banks maintain a direct relationship with the end usersvia the web and are able to provide a personal characterization to theinterface, by offering additional customised services.PURPOSE OF THE educationThe aim of this project is to develop a secured online banking system withthe following objectivesCreate a banking system that is easily accessible by customers fromthe comfort of their homes, offices etc. surmount the flow of human traffic and long queues at banksReduce the time wasted in going to banks to stay on queues.Promote efficient and effective banking for the banks by focusing onthose services that still requ ire physical presence at the banking hall.1.3 IMPORTANCE OF THE STUDYThis entrust cover the benefits derived in using internet banking and itsfundamental.1.3.1 ONLINE BANKING HOW IS IT DIFFERENT?Many consumers today are turning to the ease and convenience of Internetbanking to take care of their financial needs. With the new levels of accessmade possible by the Internet, people can now check the status of theirfinances with the click of a button. The history of Internet banking has evolved from simply allowingcustomersto check balances online, to now being able to trade stocks and bonds fromthe comfort of their own home1.3.2 WHY USE ONLINE BANKING?Online banking services have grown from simply allowing customers to checkbalances, to trading assets. Today, banks like ING Direct are functioningentirely online, with no brick and mortar building. With the costs rescue byrequiring fewer employees and the lack of facility expenses, these virtualbanks can often offer higher interest rat es than their traditional counterparts.Internet banking gives you the power to control your finances completely. You are no longer tied down to managing your money during the hours thebank is open. If you want to transfer a balance after business hours, you canIf you have access to the Internet and have a number of recurring monthlybills, then you should use Internet banking to make your life easier.1.3.3 FEATURES OF ONLINE BANKINGToday, online banking services are quite varied. One of the best features of online banking is putting the user in control. The user controls all bill paying,transfers, and investments from home. There are other features, though of online banking. One of these is increasedaccessibility to your account information. Users of online banking servicescan access their account information from anywhere in the world This isparticularly helpful for businesses. Internet business banking is becomingincreasingly popular, as businesses are becoming more global in their reach.Now business people can access their accounts, even when on overseasbusiness trips. Business Internet banking is extremely popular for thisreason.A particularly popular aspect of online banking services is the ability to makebill payments electronically. With a minimum degree of set-up, customerscan enter the amounts of their physical composition bills (or opt to receive electronic bills)and process all their payments at one time, from one screen1.4 SCOPE OF THE STUDYThe scope of this project is limited to the activities of the operations unit of the banking system which include opening of Account, Deposit of funds,Withdrawal of funds and transfer.1.5 METHODOLOGYThis project employs the object orient approach of software engineeringusing appropriate (UML TOOLS) an object oriented approach. Some of thesteps to be taken areFeasibility study understanding and identifying of existing system andassociated study.Analysis proper analysis and suggested solution to tackle suchprob lems will be considered.Design designing the new system will be achieved through an objectoriented software tools (UML).Coding this is implemented as a 3tier architecture moulding using javalanguage. The 3 layers of the application are as follows.1, Java server pages / html pages front end2, Java server pages / servlets middle end3, SQL server as the back-end1.6 path OF OPERATIONWEBTRUST will contain self explanatory hyperlinks that customers can clickto make any request or perform a task. If a customer clicks on account opening links, he is taken to page where hefills a form and clicks the submit button if he is through. A successful filling of the form gives a response that confirms the customer account is open andactivated. Thus such a customer can receive money into such an accountthrough funds transfer. Account inside information are sent by the bank to thecustomers netmail box.Registered customers or Account holders of the bank can now login using theaccount details pos ted to their email box to login before they can performfinancial transactions. The system is secured such you cannot operateanother mans account even if you knew his account details because a newtransaction number is always sent to a customer for each login. Thistransaction number is what will be used to authenticate any transaction pertimeCHAPTER TWO LITERATURE REVIEWThe emergence of electronic commerce over the past decade has radicallytransformed the economic landscape. For developing countries, the digitalrevolution offers unprecedented opportunities for economic growth anddevelopment, a case study of Pakistan.2.1 DEFINING E-BANKING / ONLINE BANKINGIn the 21st century thither will be a lot of banking, but there will be no banks.Says Bill Gates. The term online banking or internet bankingcovers both computer andtelephone banking. Using computer banking, a customer either uses hiscomputer to dials directly into its banks computer or gains access to thebanks computer over the inter net. Using telephone banking, the customercan controls its bank accounts by giving the bank instructions over thetelephone. Both computer and telephone banking involve the use of passwords which give access to the customers accounts.Using these methods, banking transactions can be actioned 24 hours a day.Online banking allows the person, for instance, to view recent transactions,print out statements and transfer funds between accounts and makepayments.Many banks also have the facility for someone to set up, amend or cancelstanding orders. Internet banking also allows payments to be made to thecustomer, i.e. acceptance of credit card donations. Most people that usenternet banking will also continue to use some of the elements of moretraditional methods of banking, such as a cheque book..2.2 E-BANKING IN DEVELOPING COUNTRIESJust like Internet infrastructure, E-Banking in developing countries is at earlystages however there are some exceptions where countries likeBrazil have 75% of ent erprises, excluding micro-enterprises using theInternet for banking in 2005.Morocco (34.9%). (United Nations Conference on Trade andDevelopment, 2006), There is an increasing growth of online banking, indicating a promisingfuture for online banking in these countries.In China, while banks issue credit cards and while many use debitcards to draw directly from their respective bank accounts, very fewpeople use their credit cards for online payment. Cash-on-delivery isstill the most popular mode of e-commerce payment. Nonetheless,online payment is gaining popularity because of the emergence of China pay and Cyber Beijing, which offer a city-wide online paymentsystem. (Zorayda Ruth B. Andam, 2003).