Microservices | System Design | Online Banking System

Microservices structure is an approach to software development wherein a large utility is decomposed into small, independently deployable services. Each microservice is accountable for a selected business functionality and communicates with different microservices through nicely-described APIs. In a payment device, microservices may additionally consist of:

  • Payment Processing Microservice: Handles the core of processing payments, interacting with external payment gateways, and coping with transaction workflows.
  • User Authentication Microservice: Manages user authentication and authorization, making sure steady get access to the Online Banking System. It may combine with identity carriers or maintain consumer credentials securely.
  • Account Management Microservice: Manages consumer bills, profiles, and settings. This microservice handles obligations such as user registration, profile updates, and account verification.
  • Notification Microservice: Sends notifications to users about transaction confirmations, account activity, or protection alerts. It guarantees that timely communication is taking place with user.

System Design | Online Banking System

In the digital era, the layout of a Online Banking System is a critical element of any commercial enterprise, it not only affects user experience but also the growth of a service-providing company. This article explores the comprehensive guide to designing a Online Banking System for its efficient use. From practical and non-useful requirements to low-level and High-level design, we’ll delve into each aspect with a focus on readability and effectiveness.

Table of Content

  • Functional Requirements
  • Non-Functional Requirements
  • Usecase Diagram
  • Capacity Estimation
  • Low-Level Design
  • High-Level Design
  • Database Design
  • Microservices
  • APIs Used in System Design of Online Banking System
  • API Code Implementation
  • Scalability

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Functional Requirements | System Design | Online Banking System

User Registration...

Non-Functional Requirements | System Design | Online Banking System

Response Time...

Usecase Diagram | System Design | Online Banking System

A use case diagram visually represents the system’s functionality through actors (users, administrators) and their interactions with the system. It showcases various use cases consisting of account creation, payment initiation, and also access to the transaction history....

Capacity Estimation | System Design | Online Banking System

You can estimate the system capacity by analyzing certain data like traffic, number of transaction are executing , number of new user joining platform etc. By analyzing whole data we can further calculate the required storage capacity for whole year. Here is the simplified calculation given:...

Low-Level Design | System Design | Online Banking System

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High-Level Design | System Design | Online Banking System

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Database Design | System Design | Online Banking System

For Online Banking System, the database design will rely upon the particular requirements and features you need to enforce. Below is detailed description for database design of Online Banking System....

Microservices | System Design | Online Banking System

Microservices structure is an approach to software development wherein a large utility is decomposed into small, independently deployable services. Each microservice is accountable for a selected business functionality and communicates with different microservices through nicely-described APIs. In a payment device, microservices may additionally consist of:...

APIs Used in System Design of Online Banking System

APIs are interfaces that allow one-of-a-kind software program components to communicate with every different components. In a Online Banking System it also permits various APIs facilitate seamless integration between microservices, external services, and the user interface. Some additives of API are as comply with:...

API Code Implementation | System Design | Online Banking System

User Registration API (POST):...

Scalability | System Design | Online Banking System

Scalability is important for handling multiple users and transaction volumes. Scalability include:...

Conclusion

In conclusion, a well-designed Online Banking System can fulfill financial aspects of the organization. By using modular architecture, maintaining efficient database design, and providing clear communication through APIs can lead to foundation for successful digital payment ecosystem. It must be concluded here that you can System Design Online Banking System by considering all the discussed points in the article....

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