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14th International Workshop on Research Issues on Data Engineering: Web Services for E-Commerce and E-Government Applications (RIDE'04)
A Security-Enhanced One-Time Payment Scheme for Credit Card
Boston, Massachusetts
March 28-March 29
ISBN: 0-7695-2095-2
Yingjiu Li, Singapore Management University
Xinwen Zhang, George Mason University
Traditional credit card payment is not secure as semi-secret credit card numbers are repetitively used. One-time transaction numbers have been recently proposed to enhance the security in credit card payment. Following this idea, we use a hash function in generation of one-time credit card numbers: The next one-time number is computed by hashing the current one-time number with a secret that is known only by card holder and issuer. Compared with related work, our scheme places less burden on credit card issuers, and can be easily deployed in both on-line and offline payment scenarios.
Citation:
Yingjiu Li, Xinwen Zhang, "A Security-Enhanced One-Time Payment Scheme for Credit Card," ride, pp.40-47, 14th International Workshop on Research Issues on Data Engineering: Web Services for E-Commerce and E-Government Applications (RIDE'04), 2004
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