Title :
Security analysis of a new multi-party payment protocol with intermediary service.
Author :
Carbonell, Mildrey ; Sierra, José María ; Torres, Joaquín ; Izquierdo, Antonio
Author_Institution :
Univ. of Carlos III of Madrid, Madrid
Abstract :
Most of the electronic payment proposals found in the scientific literature are focused on a traditional two-domain business model: customer and merchant. However, an enhanced payment model with an intermediary entity could be considered, with the goal of providing additional advantages for the parties in the e-commerce scenario. In this article, we will show the utility of intermediary inside the payment process describing a service of centralization of the payment system (different to a gateway, IIP or connection broker) in a multi-party payment scenario. We illustrate how this service improves Internet selling applications security, which currently need an effort for facing the weaknesses of the different payments models.
Keywords :
Internet; electronic money; retail data processing; security of data; Internet selling application security; e-commerce scenario; electronic payment; intermediary service; multiparty payment protocol; security analysis; two-domain business model; Authorization; Companies; Consumer electronics; Data security; Databases; Electronic commerce; Expert systems; Internet; Proposals; Protocols;
Conference_Titel :
Database and Expert Systems Applications, 2007. DEXA '07. 18th International Workshop on
Conference_Location :
Regensburg
Print_ISBN :
978-0-7695-2932-5
DOI :
10.1109/DEXA.2007.130