Security

Confidentiality of Messages in a Cardless Electronic Payment System

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Executive Summary

In a cardless electronic payment system messages are used instead of credit or debit cards (plastic money). These messages are passed between different entities in order to do electronic transactions over a network. The security of the cardless electronic payment system is a critical issue. In case of security breaches huge financial damages can be occur. This paper describes the work aiming at the security of a card less payment system. The confidentiality of messages in card less payment system is done. The messages passed between different entities are secured by using hybrid encryption and decryption technique.

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