Prototype: Secure Peer-To-Peer payment with smartcards and NFC enabled mobile phones

The application provides an electronic wallet stored in a smartcard's secure element. This electronic purse holds the owners balance. It also can be used like a contactless credit card for cashless payment transactions. Because of transmissions on unsecured communication ways, suitable safety precautions for the data transfer must be met. Although proximity connections are difficult to compromise due to the short communication distance, different security measurements must be considered. This refers to both, the integrity and authenticity of the transferred data. Suitable authorizing mechanisms are needed, so that the information sent cannot be queried by unauthorized parties.

Category:

Science & Technology

Tags:

• secure
• Peer-To-Peer
• payment
• NFC
• mobile
• phone