DIGITALIZING THE BILLING SYSTEM USING NEAR FIELD COMMUNICATION

Abstract

We performed assessment and observed that our billing system that we use today is pretty old and
conventional. So we are going to change the billing system and mine data for users to get their loans approved. The main
objective is to decrease the billing time and make a centralized system to store bills and that could be used by the banks
to approve loans. We would be using android phones for both customers and users and will be building our API(REST)
in ruby on rails. The android phones will be NFC(Near Field Communication) enabled which is a radio technology used
for communication over small distances. The main advantage of our system that is a central system to store bills, no need
to take care of those old paper bills for future references. As we using latest technologies to replace the paper billing
system that will surely decrease the billing time and make the billing fast and e client. As we are having central database
for all the users so we will be mining their monthly expenses that can be used by the banks to approve their loans