Smart Cash Service and Operational Cost Reduction for ATMs in Smart Cities using IoT
Karanam Uday Kiran1, Sarath T V2
1Karanam Uday Kiran, Department of Electrical and Electronics Engineering, Amrita School of Engineering, Coimbatore, Amrita Vishwa Vidyapeetham, India.
2Sarath T V, Department of Electrical and Electronics Engineering, Amrita School of Engineering, Coimbatore, Amrita Vishwa Vidyapeetham, India.
Manuscript received on 02 June 2019 | Revised Manuscript received on 10 June 2019 | Manuscript published on 30 June 2019 | PP: 2594-2598 | Volume-8 Issue-8, June 2019 | Retrieval Number: H7438068819/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Automatic Teller Machine (ATM) is one widely preferred choice for cash withdrawal for consumers. Getting an ATM with required amount and denomination has always proved to be a hurdle for consumers in search of cash. One way to counter this is to install more number of ATMs in locality to ensure the customer’s requirement are met. However, this proves to be an overhead for bank utility in terms of maintenance and operation cost. When the number of ATMs increased its difficult for consumer to know in which ATM the cash is available so to overcome this problem by this work we put forward an architecture that uses the concept of IoT in order to help the user find the nearest ATM with desired amount and denomination and reduce the operation cost of the ATM for bank utilities by actuating the electrical appliances with the help of microcontroller and sensors. By the concepts of IoT and wireless sensor network the work is done for easy cash search service where the user can know about the availability of cash in the respective ATM with the preferred denomination. Even though there many ATMs in the cities power consumption is the problem to overlook for the bank utilities so by this smart automation the operational cost of the ATM is decreased which is helpful for the bank utilities.
Keyword: Internet of Things, Mqtt, Publish-subscribe, Smart ATMs, ATM Automation, Smart cash service, Operation cost reduction.
Scope of the Article: IoT Applications for Smart Cities.