On Designing an Efficient and Secure Card-based Payment System Based on ANSI X9.59-2006

Author

Po, Cheong Chi ; Fong, Simon ; Lei, Pouwan

Author_Institution

Macao Univ., Macao

fYear

2007

fDate

16-18 April 2007

Firstpage

427

Lastpage

430

Abstract

E-Commerce will not be complete without an Electronic Payment System (EPS). Many electronic payment systems, today are complex and difficult to implement and maintain. In this paper, we proposed an Efficient and Secure Card-based Payment System (ESCPS), an Account Based Digital Signature (ABDS) for consumer-oriented payment system. It is based on ANSI-X9.59-2006 with enhanced features. The ESCPS is designed with UML. In this project we conducted a performance testing on the proposed system by a comparison of SET and X9.59 in simulation. The results demonstrated that the proposed system performs generally better.

Keywords

ANSI standards; electronic commerce; smart cards; ANSI X9.59-2006; account based digital signature; card-based payment system; consumer-oriented payment system; e-commerce; efficient and secure card-based payment system; electronic payment system; performance testing; Application software; Authorization; Communication system security; Computer architecture; Credit cards; Digital signatures; Electronic mail; Information security; Unified modeling language; Web services;

fLanguage

English

Publisher

ieee

Conference_Titel

Anti-counterfeiting, Security, Identification, 2007 IEEE International Workshop on

Conference_Location

Xiamen, Fujian

Print_ISBN

1-4244-1035-5

Electronic_ISBN

1-4244-1035-5

Type

conf

DOI

10.1109/IWASID.2007.373671

Filename

4244863