The Comprehensive Survey on Self-Check-Out and RFID Technology in Fin-Tech.

Abstract

This survey looks at the changing trends in financial technology (Fin-tech), where traditional banking systems are moving to digital platforms, making services easily available worldwide through the internet. One notable aspect of this change is the use of Self-Checkout Systems (SCOS), also known as self-service technologies, allowing people to do tasks independently without help. SCOS are now widely used in many fields globally, making processes more efficient and saving time.The paper examines how SCOS are used in different industries, exploring the various applications and technologies involved. It looks at how these systems help simplify tasks, save time, and improve overall efficiency. Another critical aspect covered in the survey is data security, ensuring that information processed through self-checkout systems is kept safe.Looking forward, the paper predicts that self-checkout systems might become a part of educational institutions. This could make payment processes in schools and colleges simpler, showing how self-checkout technologies might extend beyond businesses. The focus on making payments easier and more streamlined highlights how Fin-tech trends are impacting various aspects of our daily lives, even reaching into the education sector for added convenience and efficiency.