A Secure Account-Based Mobile Payment Protocol

  • Authors:
  • Supakorn Kungpisdan;Bala Srinivasan;Phu Dung Le

  • Affiliations:
  • -;-;-

  • Venue:
  • ITCC '04 Proceedings of the International Conference on Information Technology: Coding and Computing (ITCC'04) Volume 2 - Volume 2
  • Year:
  • 2004

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Abstract

In this paper, we propose a secure account-basedpayment protocol which is suitable for wireless networks.The proposed protocol employs symmetric-key operationswhich require lower computation at all engaging partiesthan existing payment protocols. The proposed protocolalso satisfies transaction security properties provided bypublic-key based payment protocols such as SET andiKP. The formal analysis illustrates that our protocolachieves the goals of payment protocols. Moreover, thecredit-card information is not required to be sent duringtransactions which results in a security enhancement ofthe system.