E&TC / ECE · RFID, smart card and biometric · Final year project

Cashless Money Transfer Wrist Band

A wearable wristband for cashless payments. It pairs with a phone over Bluetooth and authenticates the user with a fingerprint before transferring money, making small payments quick and secure.

Components & cost

What is the Cashless Money Transfer Wrist Band project?

A wearable wristband for cashless payments. It pairs with a phone over Bluetooth and authenticates the user with a fingerprint before transferring money, making small payments quick and secure.

Key facts

Type
Final year project · Beginner to intermediate
Suitable for
Diploma capstone and B.E / B.Tech final year
Build time
3 to 4 weeks
Estimated component cost
₹3,300 – ₹4,900
Guidance from
₹9,999 (Hardware / IoT Final Year)

How the Cashless Money Transfer Wrist Band works

  1. 12 V power adapter / step-down transformer supplies the circuit; a regulator gives the controller and sensors a steady 5 V.
  2. The Fingerprint sensor captures and matches fingerprints to authenticate the user.
  3. The Arduino Uno R3 reads the inputs, runs the decision logic written in C/C++ and drives the outputs.
  4. The Bluetooth module links the circuit to a smartphone app so the user can send commands or receive readings.

Block diagram

Components list and cost

Typical prices from Indian online stores and electronics markets (Lamington Road, Budhwar Peth, SP Road). Buy from one store where you can to save on shipping.

ComponentQtyWhat it doesApprox. cost
Arduino Uno R31Reads the inputs, runs the decision logic written in C/C++ and drives the outputs.₹550
Fingerprint sensor (R307)1Captures and matches fingerprints to authenticate the user.₹1,300
Bluetooth module (HC-05)1Links the circuit to a smartphone app so the user can send commands or receive readings.₹280
12 V power adapter / step-down transformer1Supplies stable low-voltage power from the mains.₹250
Passive components, PCB and wiring kit1Resistors (assorted), capacitors (assorted), PCB / breadboard and cables, connectors and jumper wires.₹310
Wiring, PCB, soldering and enclosure1Project overhead₹450
Demo model base / mounting board1Project overhead₹500
Testing spares and replacements1Project overhead₹300
Estimated totalVaries with brand, quality and city₹3,300 – ₹4,900

Prices are estimates for budgeting. We confirm the bill of materials when your design is frozen, and components are charged at actual cost with bills.

How much does this project cost?

OptionWhat you getCost
Components onlyYou buy the parts and build it yourself₹3,300 – ₹4,900
Hardware / IoT Final YearWorking model or guided build, Circuit diagram and bill of materials, Firmware / code with explanationfrom ₹9,999 + components
Capstone Project (CPE)Working project or model, Black book in MSBTE format, Step-by-step explanation₹9,999 + components
Diploma ITR100% working source code, Project report PDF, PPT₹1,999 + components

No GST and no hidden charges. Use the cost calculator for a quote with your deadline and add-ons, or see all plans.

Download the project brief (PDF)

Summary, working, components and cost and viva questions on one branded PDF to show your guide or team. To get it developed, contact us on WhatsApp.

WhatsApp us

What you submit with this project

  • Working model with circuit diagram and program code
  • Project report or black book in your university's chapter order (block diagram, circuit, calculations, results)
  • Presentation for the review and final viva
  • Synopsis for topic approval, if your college asks for one

E&TC / ECE viva questions on this project

What is the aim of the Cashless Money Transfer Wrist Band project?

A wearable wristband for cashless payments. It pairs with a phone over Bluetooth and authenticates the user with a fingerprint before transferring money, making small payments quick and secure.

Explain the working of your project in short.

12 V power adapter / step-down transformer supplies the circuit; a regulator gives the controller and sensors a steady 5 V. The Fingerprint sensor captures and matches fingerprints to authenticate the user. The Arduino Uno R3 reads the inputs, runs the decision logic written in C/C++ and drives the outputs. The Bluetooth module links the circuit to a smartphone app so the user can send commands or receive readings.

What microcontroller is on the Arduino Uno and what are its key specifications?

The Uno uses the ATmega328P: 8-bit, 16 MHz clock, 32 KB flash, 2 KB SRAM, 14 digital I/O pins (6 PWM) and 6 analog inputs with a 10-bit ADC.

How does the fingerprint sensor match a finger?

It captures an optical image, extracts minutiae points such as ridge endings and bifurcations, and compares them with templates stored in its flash memory. It returns a match ID or failure over UART.

How does the HC-05 Bluetooth module communicate with the microcontroller?

It uses UART serial at 9600 baud by default. Data typed in the phone app is received by the module and passed to the controller's RX pin as serial characters.

How is 230 V AC converted to 5 V DC for the circuit?

A transformer steps down the voltage, a bridge rectifier converts AC to pulsating DC, a capacitor smooths it and a 7805 regulator gives a steady 5 V.

Explain the block diagram of your project.

The input section senses the real-world quantity, the Arduino Uno R3 processes it according to the program, and the output section acts locally and sends the data or alert wirelessly. The power supply section feeds every block.

Which communication protocols are used between the modules?

UART (serial) for the GSM, GPS, Bluetooth or fingerprint modules. Each protocol was chosen because the module supports it and it uses the fewest pins.

What is the operating voltage of the circuit?

The controller and most sensors work at 5 V (ESP boards and some modules at 3.3 V). A 12 V adapter powers the board, and a regulator steps it down. Motors and relays get their own supply line so they do not reset the controller.

Academic use: Project Buddyy offers mentoring, guidance and reference material for learning. You stay responsible for following your institution's academic integrity rules and for understanding everything you submit.

Want to build Cashless Money Transfer Wrist Band?

Send your college, deadline and team size. We confirm the scope, cost and what you will submit.