Enhancing communication adaptability between payment card processing networks

Mian, Adnan Noor; Hameed, Abdul; Khayyam, Muhammad Umar; Ahmed, Farooq; Beraldi, Roberto

doi:10.1109/mcom.2015.7060519

Cited by 3 publications

(3 citation statements)

References 2 publications

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“…There are numerous forms of E-Payment, such as credit cards, web wallets, and mobile wallets. These E-Payment forms need extensive personal information to complete payment transactions, which require an effective communications network infrastructure [2]. Mobile wallets have a broader appeal as they provide instantaneous access and have more significant potential for growth in consumers and suppliers [3].…”

Section: Introductionmentioning

confidence: 99%

Blockchain Mobile Wallet with Secure Offline Transactions

Rasheed¹,

Al-Shqeerat²,

Ghorab³

et al. 2023

Computers, Materials &Amp; Continua

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There has been an increase in the adoption of mobile payment systems worldwide in the past few years. However, poor Internet connection in rural regions continues to be an obstacle to the widespread use of such technologies. On top of that, there are significant problems with the currently available offline wallets; for instance, the payee cannot verify the number of coins received without access to the Internet. Additionally, it has been demonstrated that some existing systems are susceptible to false token generation, and some do not even permit the user to divide the offline token into smaller portions to be used as change. This paper proposes a blockchainbased wallet system that provides a secure mobile payment service even if a user cannot access a reliable Internet connection. Our approach relies on Bluetooth and digital signatures to establish and build a trust connection between the parties. The proposed solution overcomes the main limitations of existing systems that use offline transactions, such as the generation of fake offline tokens and the indivisibility of offline tokens. The user buys Offline Tokens (OTs) from a server called an Offline Token Manager (OTM) to use them later to perform offline transactions. Each mobile device must store a single, signed offline token transaction to prevent fake tokens. On the other hand, all offline transactions will be kept as a history in a particular local database. Finally, when the receiver becomes online, it will send a convert request to the OTM to change the value of the OTs to the appropriate amount in real coins. This step requires a connection to the Internet. To evaluate the effectiveness of the system, the Solidity programming language was used to develop a smart contract on the Ethereum blockchain with a backend application programming interface (API) and an android mobile application. The proposed method has an advantage over other prominent wallets.

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Section: Introductionmentioning

confidence: 99%

Blockchain Mobile Wallet with Secure Offline Transactions

Rasheed¹,

Al-Shqeerat²,

Ghorab³

et al. 2023

Computers, Materials &Amp; Continua

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“…Figure 8.26: Basic process of a card-originated transactions (Mian et al, 2015) Two points are worth noting when looking at the designs below: i) For the purposes of this thesis, so as to keep the design succinct not all of the design details are included for producing a complete solution, for example the Database transactions although crucial to a working system are not detailed. and ii) The TOA designs provide an EA solution for the perspective of institution A, in the diagrams below.…”

Section: Case Study a -Card Paymentsmentioning

confidence: 99%

“…The card issuer then authorises the transaction against the card holder's account. The transaction data contains information from the card (PAN, expiry date), from the terminal (transaction number, merchant data) and information added dynamically during the process and by the intervening systems (Mian et al, 2015).…”

Section: Business Process Transactionsmentioning

confidence: 99%

The impact of conceptual structures on transaction and enterprise architecture practices

Fallon¹

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This research hypothesises is Conceptual Structures using the Resource Event Agent (REA) ontology adds value when defining a Transaction Oriented Architecture (TOA) for Enterprise Systems. Enterprise Systems drive global economic growth through well-designed implementations that provide organisations with multiple benefits, including streamlined business processes, increased efficiencies, improved productivity and decreased costs. Conversely, poorly implemented Enterprise Systems can lead to poor operating results. Most Enterprise Systems still use traditional methods of storing economic data mirroring the double-entry bookkeeping system, which can cause several problems, including data loss and repetition. Enterprise Systems must capture transaction data in a format available to multiple business processes to fulfil their goals. This thesis provides an overview of the currently available frameworks for Enterprise Architecture design. It details the problems that are observed and experienced during the completion of real-world Enterprise System development projects. The basis of the Transaction Concept is then presented as the general solution, leading to a TOA for Enterprise Systems. The Transaction Pyramid describes TOA through three layers of transactions: Enterprise, Business, and Database. The Design Science Research Methodology (DSRM) is used as the primary research methodology to provide a framework to this research. Together with the secondary research method of Action Research to provide a more granular basis for DSRM Step 3 : "Design and development", which required multiple minor iterations of the cyclical process of Action Research to produce the required artefacts. The case study approach is used also as a secondary research method for empirical inquiry and investigation required for DSRM step 4: "Demonstration". A Knowledge Management System is defined to validate TOA, and artefacts are implemented for an Automated REA (AREA) based on Protégé Frames to underpin TOA as a Proof of Concept. AREA provides a fully- edged, TOA design tool for Enterprise Architecture using the REA ontology. AREA's Knowledge Repository uses Conceptual Structures through a) the ISO Common Logic standard's Conceptual Graph Interchange Format (CGIF) to store and transmit the TOA using an REA ontology, and b) Formal Concept Analysis (FCA) for validation. AREA is then demonstrated and evaluated using two industrial case studies as exemplars. These Findings support the research's hypothesis and its contribution to knowledge.

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