An Efficient Secure Electronic Payment System for E-Commerce

Abstract

E-commerce implies an electronic purchasing and marketing process online by using typical Web browsers. As e-commerce is quickly developing on the planet, particularly in recent years, many areas of life are affected, particularly the improvement in how individuals regulate themselves non-financially and financially in different transactions. In electronic payment or e-commerce payment, the gateway is a major component of the structure to assure that such exchanges occur without disputes, while maintaining the common security over such systems. Most Internet payment gateways in e-commerce provide monetary information to customers using trusted third parties directly to a payment gateway. Nonetheless, it is recognized that the cloud Web server is not considered a protected entity. This article aims to develop an efficient and secure electronic payment protocol for e-commerce where consumers can immediately connect with the merchant properly. Interestingly, the proposed system does not require the customer to input his/her identity in the merchant’s website even though the customer can hide his/her identity and make a temporary identity to perform the service. It has been found that our protocol has much improved security effectiveness in terms of confidentiality, integrity, non-repudiation, anonymity availability, authentication, and authorization.

Effect of Covid-19 on the electronic payment system: usage level trust and competence perspectives

“…As it allows the payment system through effective and reliable electronic platforms to make payments efficiently, quickly, and with transparency in tracking transactions with less time and less cost and increasing confidence between the parties to the exchange commercial process [2]. The payment gateway is an essential element in the electronic payment models which considered as infrustracture for electronic commercial transactions to ensure that commercial exchange operations are saftly and to maintain joint security through electronic systems [3]. Secure socket layer (SSL) along with rivest-shamir-adleman (RSA) works to protect online communication by the following features: Server authentication, encryption and data/message integrity [4].…”

“…Secure socket layer (SSL) along with rivest-shamir-adleman (RSA) works to protect online communication by the following features: Server authentication, encryption and data/message integrity [4]. This system helps in securing the sale and purchase operations in addition to the personal information exchanged by encrypting personal information such as specific bank card details to ensure the safe transfer of information between the parties of the business transactions [3].…”

Device Identity-Based User Authentication on Electronic Payment System for Secure E-Wallet Apps

“…A majority of the user authentication and even bank access controls for internet banking systems are based on KBA due to its features and familiarity to the provider and user [6]. However, the KBA is prone to different kinds of attacks such as brute-force attacks [16][17][18], rainbow table attacks [19,20], dictionary attacks [21][22][23], social engineering [10,[24][25][26], phishing [27,28], framework for man-in-the-middle attacks (MITMF) [29,30], password-based attacks [16,31], session hijacking [32], and malware [28,33,34].…”

Design and implement a new secure prototype structure of e-commerce system

“…87% of unsatisfied consumers, however, would never come back without any concerns, if they experience difficulties in achieving their goals, such as finding information and finding items they want to purchase, they may simply leave the website. Poor design of e-commerce websites would result in productivity and income losses, as observed by [3]. Hence, having a guideline for designing a good e-commerce website would be beneficial.…”