Title :
M-Payment Between Banks Using SMS [Point of View]
Author_Institution :
Acharya Motibhai Patel Inst. of Comp. Studies, Ganpat Univ., Kherva, India
fDate :
6/1/2010 12:00:00 AM
Abstract :
The m-payment (mobile payment) transaction model between consumer and merchant in m-commerce (mobile commerce) is easy for payment anywhere and anytime because it is SMS-based. Advanced mobile phones are not needed and no extra charges are imposed by third-party payment gateways. This model is very useful for small consumer and small merchant via bank transaction. Security can be increased by including biometrics. This is simply a model. Hardware-side security features are very powerful for making secure m-payment transactions.
Keywords :
bank data processing; electronic messaging; mobile computing; mobile handsets; transaction processing; SMS; bank transaction; biometrics; m-commerce; m-payment transaction model; mobile commerce; mobile payment; mobile phone; third party payment gateways; Banking; Credit cards; Electronic commerce; Mobile communication; Mobile computing; Mobile handsets; Personal digital assistants; Wireless application protocol;
Journal_Title :
Proceedings of the IEEE
DOI :
10.1109/JPROC.2010.2047216
