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The end users of "payment date prediction" are banks and customers of banks who use credit cards. This application extracts earlier paid credit card bills and predicts the date of paying credit card bills for upcoming months. This helps the bankers to generate money consequently.
Sometimes customers ignore or neglect to pay their credit card bills. This can be overcome by the feature reminders. The customers get reminders every month on a specific date, as the bank analyzes the date of payments of previous months of customers. If customers pay their credit card bills on time the bank can allow for an increase in credit card limit. If customers do not pay bills on time the bank decreases the credit card limit. As the date of payments is being analyzed by banks, this helps the bank to bifurcate customers easily and take action accordingly.
"Payment Date Prediction", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.8, Issue 5, page no.224 - 228, May-2023, Available :http://www.ijrti.org/papers/IJRTI2305034.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator