Feasibility Evaluation of a Secured Architecture for 2-Party Mobile Payments (SA2pMP)

Mobile technology has already had a major impact on the financial industry. With the growing acceptance of mobile transactions, security issues require more attention. The proposed secured architecture for 2-party mobile payments (SA2pMP) was designed to satisfy the four properties of confidentiality, authentication, integrity and non-repudiation that are demanded by any secure system. As an extension following [1] and [2], a PC-based simulation is conducted to evaluate the feasibility of the proposed architecture. This paper introduces the computer based simulation and the feasibility evaluation process. In terms of criteria based on the time delay and the code size, SA2pMP is demonstrated feasible for implementation in Java ME enabled CLDC-1.1 mobile devices.