A new design of Mobile Payment system based on NFC Technology

Mobile Payment researches has increased rapidly in recent years. A most recent researchers are focusing on contactless mobile payment systems that uses mobile phones wireless technologies to achieve payment system success factors like availability, simplicity, security, and privacy of payment transaction. Moreover, Mobile technologies has a number of security risks. This paper proposes a new secured design of mobile payment system using a Near Field Communication (NFC) technology. The proposed system uses the features of NFC system to achieve an efficient and complete payment cycle. Furthermore, a solution to the relay attack is proposed. Also the proposed design satisfies the three most important security measures, Confidentiality, integrity and availability. Index Term-Mobile Payment Privacy protection; Secured Payment System; NFC Payment System.