Mobile payments in global markets using biometrics and cloud

Abstract

Payment methods using mobile devices instead of using traditional methods (cash, credit card, etc) has been gaining popularity all over the world. The ubiquitous nature of smartphones and tablets has widened the ambit for using these devices for payments and other daily life activities. Recent advancements in mobile technology along with the convenience of mobile devices made these applications possible. Despite the worldwide user adoption of mobile applications, security is the key challenge in mobile banking and payments system. Mobile payments systems need to be very efficient and provide utmost security endlessly. State-of-the-art mobile payment systems need the physical presence of a merchant agent to make a payment. In this article, we had described in detail about the design and implementation of a mobile payments application, used to make in-store purchases and make secure payments without any physical presence of a cashier or a merchant agent. We proposed a novel privacy-preserving and secure authentication algorithm to make mobile payments using biometrics. The analysis and experimental results show the reliability and efficiency of our proposed solution.

Antecedents to the Adoption of Mobile Payment in China and Italy: an Integration of UTAUT2 and Innovation Resistance Theory

“…Several studies have analyzed the intention to use various mobile payment systems. Among the outstanding research are the studies on the use of short message service (SMS) as a mobile payment system (Liébana-Cabanillas et al, 2014 ), on NFC technology (Brumercikova & Bukova, 2020 ), and on quick response codes (QRs) (Gao et al, 2018 ), as well as on P2P payment (Liébana-Cabanillas et al, 2021 ), biometric payment (Pal et al, 2017 ), and even wearables (Singh & Sinha, 2020 ).…”

Supporting Decision Making in Managing the Process of Payments in the Instant Payments System

“…Авторы считают, что эта система управляет своей собственной централизованной платформой, которая обеспечивает интерфейс между различными каналами для платежей и соответствующими получателями для обработки. Авторы [9][10][11] анализируют мобильные платежи с использованием биометрии и облачного хранилища, показывают надежность и эффективность предложенного решения. Авторы обращают внимание на влияние персональных особенностей на отношение клиентов к услугам электронных платежей.…”

Decision Support in the Management of Instant Payment Services

“…What is more, new technologies stimulate innovation in payments, and contribute to the improvement of instant payments. In addition, D. Pal et al [10] analyze mobile payments using biometrics and cloud storage. The authors draw attention to the role of analysis and experimental results which show the reliability and efficiency of our proposed solution.…”