Security of Electronic Money
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The Presentation of an Ideal Safe SMS based model in mobile Electronic commerce using Encryption hybrid algorithms AES and ECC
Mobile commerce is whatever electronic transfer or transaction via a mobile modem through a mobile net in which the true value or advance payment is done for goods, services or information. A mobile payment system should be beneficial for all related persons. For a payment system to be a Successful system, End-user, seller, exporter and operators should see a additional value in it. End-user ...
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After defining electronic money it is explained that the Dutch policy stance with respect to electronic money is that issuing value is seen to be equivalent to deposit taking and therefore subject to supervision. As a result the Dutch central bank actively monitors developments with respect to electronic money and reviews the schemes under the rules of the supervision law. The most important fi...
متن کاملInternetcash System based on NTT Electronic Money
Electronic commerce has attracted much attention with the development of security technology on the Internet. We established an electronic commerce system that is based on NTT electronic money technology and is connected with the Japanese banking system. It has been operated in the InternetCash trial step2 since April 1999. The aim of this trial is to evaluate the security features of NTT elect...
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Bank supervision and monetary policy are strategic concepts in the economy of countries. Development of electronic communications, especially in online and international spheres, has largely threatened financial services in view of security and illegal access to banking networks. Anonymity and identity theft has endangered electronic commerce by crimes like phishing, fraud and different types...
متن کاملA NEW PROTOCOL MODEL FOR VERIFICATION OF PAYMENT ORDER INFORMATION INTEGRITY IN ONLINE E-PAYMENT SYSTEM USING ELLIPTIC CURVE DIFFIE-HELLMAN KEY AGREEMENT PROTOCOL
Two parties that conduct a business transaction through the internet do not see each other personally nor do they exchange any document neither any money hand-to-hand currency. Electronic payment is a way by which the two parties transfer the money through the internet. Therefore integrity of payment and order information of online purchase is an important concern. With online purchase the cust...
متن کاملReengineering Money: The Mondex Stored Value Card and Beyond
Electronic cash systems, such as Mondex, seek to re-engineer cash payments. While the use of cash imposes numerous invisible costs on the economy, numerous security and consumer acceptance issues prevent its immediate replacement. After analyzing the economics of the proposed Mondex electronic cash system, including suggesting sources of gain for multiple channel members, we conclude that the m...
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