Mobile phone payment for e-commerce

SupervisorDr Robert Goodwin

Overview

Traditional payment methods Mobile paymentLiterature review Connection technologies The current payment system Security SurveyEmulation

Payment

Traditional payment methods:•Payment by cash •Payment by debit/credit card •Payment by cheque

What is mobile payment , e-commerce?--POSWhy do we go for mobile payment?Easy purchase anywhere-no wallet-alternative

Literature reviewHow can mobile phones be used for electronic payments?Research Questions:1.Will the mobile phone have stored cash in it or linked to a credit card or bank account?2.What are the factors of traditional payment system that slows down the expansion of mobile payment services?3.Security is an important consideration.4. Infrastructure of shops

Connection Technology• SMS-Text messagingWAP/GPRS-Secure connectionBluetooth-Wireless technology-exchanging data –short

distanceIR-point to pointRFID-microSD-NFC

Comparison of Connection Technology

Connection technology

Cost Security Data transfer rate

Data Storage

GSM No extra cost Less secure Slow SIM memory

SMS Extra cost No complete encryption-less secure

Slow SIM/phone memory

WAP/GPRS Minimal extra cost

265 bit encrypted SSL Fast No memory used

Bluetooth No extra cost More security threat Fast No memory used

IR No extra cost secure Fast SIM/phone memory

RFID No extra cost Less secure Fast SIM memory used.

Current payment System

• PRSMS-digital content• Telstra Pay for Parking’, ‘dial a coke ‘• PayBox –Germany• CasPad-Bluetooth • Smart card solutions- PayPass and Felica• South Korea’s SK Telecom

Security

Factors:

•Authentication•Authorization•Confidential•Integrity•Non-repudiation

Survey

Survey Questions:•Current mode of payment at POS•Secure??•Have u made payments before?•Like to use mobile?•Other purposes?

Survey Results

Emulation

THANK UQueries invited…….