Design of Mobile Electronic Micro-Payment System

Abstract:

Mobile electronic micro-payment system uses mobile terminals for electronic payments which can circulate in multiple banks and cannot limit from the bank that issues the e-cash. This paper researches electronic micro-payment on the agreement of opening account, the withdrawal agreement, the pay agreement, the deposit agreement, the update protocol of the e-cash based on elliptic curve cryptography (ECC). The design of this system is more suitable for mobile micro-payment terminals with limit of calculation capacity, storage, network bandwidth and power supply, which satisfies the needs of the day-to-day transactions.

• Periodical: Applied Mechanics and Materials (Volumes 530-531)
• Pages: 859-864
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.530-531.859
• Online since: February 2014
• Authors: Ting Huang*
• Keywords: Micro-Payment, Mobile, Multi-Bank

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