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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREMWP49311

Cash Exchange – Peer-To-Peer Currency Exchange System

Stream/Area:

-

Subject:

-

Paper ID:

IJSREMWP49311

Volume:

9 |

5 |

May 2025

Pages:

Publication Frequency:

Monthly (12 issues per year)

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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

DKA

Dr.Mrs. Kiran Ande

RK

Rupesh Kumbhar

MV

Megshyam Vaidya

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Abstract

In the digital era, the demand for secure and accessible peer-to-peer (P2P) financial systems is rapidly increasing. Traditional currency exchange methods often incur high transaction fees and delay processing, especially for cross-border transactions. Cash Exchange is a platform developed to offer users a fast, secure, and low-cost method to exchange cash using a P2P model. The platform features real-time exchange rates, fraud prevention, and user verification, and supports multiple payment options. This paper presents the architecture, implementation, and advantages of Cash Exchange and outlines its future potential in the FinTech space. The global increase in cross-border transactions has highlighted the need for efficient, low-cost, and secure currency exchange platforms. Traditional systems suffer from high fees, processing delays, and limited accessibility. This paper proposes Cash Exchange, a digital peer-to-peer (P2P) platform that facilitates real-time, secure, and low-cost currency exchanges. The platform leverages modern web technologies, robust security protocols, and real-time APIs to create a trustworthy environment for individuals and businesses. The system also ensures compliance with financial regulations through integrated KYC and AML procedures. The paper outlines the architecture, implementation methodology, and future scope of the platform, emphasizing its potential impact on global currency exchange.

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Cite This Article

Dr.Mrs. Kiran Ande, Rupesh Kumbhar, Megshyam Vaidya, "Cash Exchange – Peer-To-Peer Currency Exchange System," International Journal of Scientific Research in Engineering and Management, vol. 9, no. 5, May 2025.

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Publication Date

11/4/2025

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Double-Blind Peer Review

Review Rounds: 2

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5

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The authors declare no conflict of interest related to this research work.

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