Online payment procedure involving mobile phone network infrastructure and devices

With widespread Internet usage, e-commerce became common way of conducting business. Money transactions and payments online are an ever increasing trend. Unfortunately, problems in terms of security arise as well. Most of the potential consumers choose to abstain from online money transfer due to th...

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Bibliographic Details
Main Authors: Mantoro, Teddy, Milisic, Admir, Ayu, Media Anugerah
Format: Proceeding Paper
Language:English
Published: 2011
Subjects:
Online Access:http://irep.iium.edu.my/2955/1/OnlinePayment_05945625.pdf
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author Mantoro, Teddy
Milisic, Admir
Ayu, Media Anugerah
author_facet Mantoro, Teddy
Milisic, Admir
Ayu, Media Anugerah
author_sort Mantoro, Teddy
collection IIUM
description With widespread Internet usage, e-commerce became common way of conducting business. Money transactions and payments online are an ever increasing trend. Unfortunately, problems in terms of security arise as well. Most of the potential consumers choose to abstain from online money transfer due to the privacy concerns. In order to strengthen the trust and gain their acceptance, security improvements are required. At the same time, however, solution needs to be convenient, entailing ease of use and higher mobility. For this purpose, involvement of mobile phone network is suggested to support online payment procedure. Mobile phone’s SIM card is convenient for safely storing security parameters essential for secured money transaction. SIM card-equipped phone becomes secure entity compulsory for getting access to client side PC application for money transfer. Ease of use, portability and mobility are guaranteed while parameters such as cryptography keys or credit card numbers are securely updated trough the mobile phone network.
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spelling oai:generic.eprints.org:29552011-09-22T00:37:59Z http://irep.iium.edu.my/2955/ Online payment procedure involving mobile phone network infrastructure and devices Mantoro, Teddy Milisic, Admir Ayu, Media Anugerah T Technology (General) T58.5 Information technology With widespread Internet usage, e-commerce became common way of conducting business. Money transactions and payments online are an ever increasing trend. Unfortunately, problems in terms of security arise as well. Most of the potential consumers choose to abstain from online money transfer due to the privacy concerns. In order to strengthen the trust and gain their acceptance, security improvements are required. At the same time, however, solution needs to be convenient, entailing ease of use and higher mobility. For this purpose, involvement of mobile phone network is suggested to support online payment procedure. Mobile phone’s SIM card is convenient for safely storing security parameters essential for secured money transaction. SIM card-equipped phone becomes secure entity compulsory for getting access to client side PC application for money transfer. Ease of use, portability and mobility are guaranteed while parameters such as cryptography keys or credit card numbers are securely updated trough the mobile phone network. 2011 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/2955/1/OnlinePayment_05945625.pdf Mantoro, Teddy and Milisic, Admir and Ayu, Media Anugerah (2011) Online payment procedure involving mobile phone network infrastructure and devices. In: 2011 International Conference on Multimedia Computing and Systems (ICMCS), 7 - 9 Apr 2011, Ouarzazate. http://dx.doi.org/10.1109/ICMCS.2011.5945625 doi:10.1109/ICMCS.2011.5945625
spellingShingle T Technology (General)
T58.5 Information technology
Mantoro, Teddy
Milisic, Admir
Ayu, Media Anugerah
Online payment procedure involving mobile phone network infrastructure and devices
title Online payment procedure involving mobile phone network infrastructure and devices
title_full Online payment procedure involving mobile phone network infrastructure and devices
title_fullStr Online payment procedure involving mobile phone network infrastructure and devices
title_full_unstemmed Online payment procedure involving mobile phone network infrastructure and devices
title_short Online payment procedure involving mobile phone network infrastructure and devices
title_sort online payment procedure involving mobile phone network infrastructure and devices
topic T Technology (General)
T58.5 Information technology
url http://irep.iium.edu.my/2955/1/OnlinePayment_05945625.pdf
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