Criteria Requirements of Mobile Payment Application

Provided by: Science & Engineering Research Support soCiety (SERSC)
Topic: Security
Format: PDF
Diffusion of smart phone has brought about various changes in social culture, finance or distribution industry as mobile phone is evolved from simple device which is just used for communication into useful device which include many functions for communication, distribution, internet or payment. Especially in the payment and settlement, diffusion of mobile payment method by smart phone causes new changes of the means of payment which has been changed cash to plastic card. In this paper, treats in mobile payment methods of smart phone based on common criteria V3.1 are analyzed and as the analysis, the authors define the security requirements in mobile payment methods.

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