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Secure and efficient protocol for mobile payments

Published: 19 August 2008 Publication History

Abstract

Electronic Payments have gained tremendous popularity in the modern world. Credit/debit cards and online payments are in widespread use. Bringing electronic payments to the mobile world offers huge utility for mobile users. Lack of standardized protocols, interoperability and security are major roadblocks in developing a mobile payment infrastructure. A scheme called SEMOPS (Secure Mobile Payment Service) has already been proposed by A. Vilmos and S. Karnouskos. This proposed SEMOPS architecture addresses these problems. However, it will work inefficiently for micropayments due to a lot of computation and communication for every payment. Good micropayment support is extremely important for mobile payment systems to succeed. This work focusses on enabling efficient micropayment support in SEMOPS scheme. An analysis of the security and efficiency of the proposed method is given in this paper. Our new proposed method has been found to be very efficient for micropayments in SEMOPS.

References

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A. Vilmos and S. Karnouskos. Semops: Design of a new payment service. In Proceedings of the 14th International Workshop on Database and Expert Systems Applications, pages 1--5. IEEE, 2003.
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S. Micali and R. L. Rivest. Micropayments Revisited. Laboratory for Computer Science, Massachussets Institute of Technology, Cambridge, MA 02139.
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T. Dahlberg, N. Mallat, J. Ondrus, and A. Zmijewska. Mobile Payment Market and Research âĂŞ Past, Present and Future.
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S. Karnouskos, R. J. Kauffman, E. Lawrence, and K. Pousttchi. Guest editorial: Research advances for the mobile payments arena. Electronic Commerce Research and Applications, pages 1--4, August 2007.
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Tsalgatidou, Veijalainen, and Pitoura. Challenges in mobile electronic commerce. In Proceedings of IeC 2000. 3rd Int. Conf. on Innovation through E-Commerce. Manchester UK, pages 1--12. Finnish National Technology Agency, November 2000.
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J. Ondrus and Y. Pigneur. An assessment of nfc for future mobile payment systems. In Sixth International Conference on the Management of Mobile Business (ICMB 2007), 0-7695-2803-1/07, page 3. IEEE, 2007.
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H. H.-p. LI Xi. A secure mobile payment system. Computer Technology and Application, ISSN1934-7332, USA, 1(1):1--6, June 2007.
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A. Fourati, H. K. B. Ayed, and A. Benzekri. A set based approach to secure the payment in mobile commerce. In Proceedings of the 27th Annual IEEE Conference on Local Computer Networks (LCN 02, 0742-1303/02, pages 1--2. IEEE, 2002.
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Cited By

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  • (2021)Systematic survey of mobile payments, protocols, and security infrastructureJournal of Ambient Intelligence and Humanized Computing10.1007/s12652-021-03316-414:1(609-654)Online publication date: 18-Jun-2021
  • (2013)Retailer Adoption of Mobile PaymentJournal of Electronic Commerce in Organizations10.4018/jeco.201310010511:4(70-89)Online publication date: 1-Oct-2013
  • (2013)Mobile Banking using Android based Biometrics Systemi-manager's Journal on Information Technology10.26634/jit.2.2.22852:2(17-22)Online publication date: 15-May-2013
  • Show More Cited By

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    Published In

    cover image ACM Other conferences
    ICEC '08: Proceedings of the 10th international conference on Electronic commerce
    August 2008
    355 pages
    ISBN:9781605580753
    DOI:10.1145/1409540
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    New York, NY, United States

    Publication History

    Published: 19 August 2008

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    Author Tags

    1. SEMOPS
    2. macropayment
    3. micropayment
    4. mobile commerce
    5. mobile payment

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    • Research-article

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    ICEC08
    ICEC08: 10th International Conference on E-Commerce
    August 19 - 22, 2008
    Innsbruck, Austria

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    Overall Acceptance Rate 150 of 244 submissions, 61%

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    Cited By

    View all
    • (2021)Systematic survey of mobile payments, protocols, and security infrastructureJournal of Ambient Intelligence and Humanized Computing10.1007/s12652-021-03316-414:1(609-654)Online publication date: 18-Jun-2021
    • (2013)Retailer Adoption of Mobile PaymentJournal of Electronic Commerce in Organizations10.4018/jeco.201310010511:4(70-89)Online publication date: 1-Oct-2013
    • (2013)Mobile Banking using Android based Biometrics Systemi-manager's Journal on Information Technology10.26634/jit.2.2.22852:2(17-22)Online publication date: 15-May-2013
    • (2012)On the Use of Mobile Phones and Biometrics for Accessing Restricted Web ServicesIEEE Transactions on Systems, Man, and Cybernetics, Part C: Applications and Reviews10.1109/TSMCC.2011.210773942:2(213-222)Online publication date: 1-Mar-2012
    • (2012)Cloud-Ready Biometric System for Mobile Security AccessNetworked Digital Technologies10.1007/978-3-642-30567-2_16(192-200)Online publication date: 2012
    • (2012)A lightweight micropayment scheme based on Lagrange interpolation formulaSecurity and Communication Networks10.1002/sec.6436:8(955-960)Online publication date: 30-Oct-2012
    • (2010)A Survey of System Platforms for Mobile PaymentProceedings of the 2010 International Conference on Management of e-Commerce and e-Government10.1109/ICMeCG.2010.83(376-381)Online publication date: 23-Oct-2010
    • (2009)MPCSProceedings of the 2nd International Conference on Interaction Sciences: Information Technology, Culture and Human10.1145/1655925.1656029(571-579)Online publication date: 24-Nov-2009
    • (2009)Virtual Credit Cards on Mobile for M-Commerce PaymentProceedings of the 2009 IEEE International Conference on e-Business Engineering10.1109/ICEBE.2009.40(241-246)Online publication date: 21-Oct-2009

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