CashMate: GenZ Based E-Wallet Application With Face Detection And Money Locking Feature

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.

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Publication Details

Published
2024-08-08
DOI
https://doi.org/10.1145/3675888.3676143
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

CashMate: GenZ Based E-Wallet Application With Face Detection And Money Locking Feature

M. N. Singh, Ankita Jaiswal, Samiksha Gupta, Rohit Singh
FinTech, Crowdfunding, Digital Finance
article

CashMate: GenZ Based E-Wallet Application With Face Detection And Money Locking Feature

M. N. Singh, Ankita Jaiswal, Samiksha Gupta, Rohit Singh
article en

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.

Jaypee Institute of Information Technology (IN)
Openalex Percentile: Top 71%
FinTech, Crowdfunding, Digital Finance
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CashMate: GenZ Based E-Wallet Application With Face Detection And Money Locking Feature — M. N. Singh, Ankita Jaiswal, et al. · (2024) | TGRS Research Map | TGRS