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Interoperable Mobile Payment — A Requirements-Based Architecture

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Wirtschaftsinformatik 2003/Band I

Summary

Existing payment methods like cash and debit/credit card payments are still predominant in our daily lives. Nevertheless, these methods are not well suited for new payment scenarios as for example e-commerce and TV shopping, resulting in increased fraud and high disputes handling costs. Next-generation payment methods must meet technical, user, and business requirements that cover traditional as well as recent scenarios. This paper presents a mobile payment architecture that combines the security and strong user authentication of GSM networks, the cost efficiency of micropayment, and the flexibility and world wide acceptance of existing macropayment schemes.

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References

  1. Association for Payment Clearing Services: Payments, Facts and Figures http://www.apacs.org.uk/about_apacs/htm_files/figures.htm, as of 2003–01–20, Cash http://www.apacs.org.uk/about_apacs/htm_files/cash.htm, as of 2003–01–20.

  2. CyberCash, Inc. (acquired by VeriSign, Inc)http://www.cybercash.com

  3. Frost & Sullivan: Mobile Commerce Payments, May 2002.

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  4. GSM: GSM Recommendations 02.09, 02.17, 03.20, and 03.21; cf. for example http://www.3gpp.org/ftp/Specs/archive/ as of 2003–01–20.

  5. ISO 8583: Bank card originated messages — Interchange message specifications — Content for financial transactions, August 1987.

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  6. Paybox AG, http://www.paybox.de/and http://www.paybox.net/as of 2003–01–20.

  7. SET Secure Electronic Transaction LLC: SETTM Specification Books, May 1997, http://www.setco.org/set_specifications.html as of 2003–01–20.

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  8. Visa International Service Association: 3-D SecureTM Protocol Specification, November 2001.

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  9. ITWorld: European operators team on mobile payment scheme, http://www.itworld.com/Net/2613/030226eumobile/page_l.html as of 2003–05–14.

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© 2003 Springer-Verlag Berlin Heidelberg

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Männle, M. (2003). Interoperable Mobile Payment — A Requirements-Based Architecture. In: Uhr, W., Esswein, W., Schoop, E. (eds) Wirtschaftsinformatik 2003/Band I. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57444-3_6

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  • DOI: https://doi.org/10.1007/978-3-642-57444-3_6

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-642-63266-2

  • Online ISBN: 978-3-642-57444-3

  • eBook Packages: Springer Book Archive

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