SPAQ: Secure PIN authentication using QR code

In today's world, is a wide-ranging term for theft and fraud committed using or involving a payment card, such as a credit card or debit card, as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. Card fraud begins either with the theft of the physical card or with the compromise of data associated with the account [6]. Many secure solutions are coming up for secure PIN authentication. We have come up with a secure authentication mechanism for ATM terminals, SPAQ, using QR code and Onetime PIN (OTP). The user can register via the bank's SPAQ website; login to the SPAQ app and get an OTP by scanning the QR code.