Security analysis of a new multi-party payment protocol with intermediary service.

  • Authors:
  • Mildrey Carbonell;Jose Maria Sierra;Joaquin Torres;Antonio Izquierdo

  • Affiliations:
  • University of Carlos III of Madrid, Spain;University of Carlos III of Madrid, Spain;University of Carlos III of Madrid, Spain;University of Carlos III of Madrid, Spain

  • Venue:
  • DEXA '07 Proceedings of the 18th International Conference on Database and Expert Systems Applications
  • Year:
  • 2007

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Abstract

Most of the electronic payment proposals found in the scientific literature are focused on a traditional two-domain business model: customer and merchant. However, an enhanced payment model with an intermediary entity could be considered, with the goal of providing additional advantages for the parties in the e-commerce scenario. In this article, we will show the utility of intermediary inside the payment process describing a service of centralization of the payment system (different to a gateway, TTP or connection broker) in a multi-party payment scenario. We illustrate how this service improves Internet selling applications security, which currently need an effort for facing the weaknesses of the different payments models.