An End-To-End Secure Mobile Payment System Using Public Key Infrastructure System

Abstract

The exponential growth of wireless technologies and mobile devices, the mobile commerce becomes a significant for every one's life. Its popularity introduces a new channel for the research that is, M-Payment or Mobile Payment in terms of identifying new applications, designing frameworks, and producing innovative business models. The development of secured mobile payment system becomes a major research topic in the field of mobile commerce. A study reveals that there are wide ranges of mobile payment solutions and models available in the market, but there is no specific and global mobile payment system for academic institutions without huge investment. To overcome, this paper proposes a novel model called Mobile Payment Consortia System (MPCS) to carry out the transactions from the bank to the academic institutions for the payment of fees by students through mobile phone. MPCS provides an end-to-end security using Public Key Infrastructure (PKI). This paper mainly focuses on strong authentication and secure communication between the institution server and MPCS Server. This model can be extended to all educational institutions, training divisions and universities so as to help the necessary payments by the students through mobile devices.