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Mobile Payment using J2ME
Programming
Mobile payment is the process of two parties exchanging financial values using mobile devices in return for goods or services. This project will focus on how the fast-spreading mobile network can be used to make the day to day business transaction easier and faster.
In current mode of transactions credit card are widely used. The credit card transactions are more prone to frauds in case of loss of credit cards and in recent past many thefts have been recorded about the same. As mobile devices become ubiquitous in society and provide an increasingly secure application platform, the potential of using such devices for mobile payment increases. This project will investigate the use of MIDP 2.0 for the development of mobile payment software that integrates with an existing Web Services based payment framework. There are certain issues which need to be handled in context of mobile commerce. 1. Authentication: Verifying the identities of the parties involved in the transaction. 2. Confidentiality: Ensuring that only the sender and intended recipient of a message can read its content. 3. Integrity: Ensuring the content of the messages and transactions are not being altered, whether accidentally or maliciously. 4.Non-repudiation: Providing mechanisms to guarantee that a party involved in a transaction cannot falsely claim later that he/she did not participate in that transaction. Public key infrastructure (PKI) is a system of digital certificates, certification authorities, and other registration authorities that provides solutions to enable a secure mobile commerce. The operation will involve third party banks which keep the accounts for the participating entities. For the purpose of this project, you can assume that this third party gives a token which is worth some financial value 'V' to A, one of the participants. Now A can spend on his/her transaction/s using the token provided till this token is exhausted.
1.The iit-bombay smart card lab mchq project. http://www.it.iitb.ac.in/research/labs/smartcardsResearch_lab.php 2.Paper on mobile commerce security. http://europa.nvc.cs.vt.edu/~ctlu/Publication/IRI-2004-MPaymentSecurity.pdf 3.Eclipse IDE and plug-ins can be downloaded from http://www.eclipse.org