Public Key based Security Scheme for Digital Payment Transactions

  • Unique Paper ID: 152986
  • Volume: 8
  • Issue: 5
  • PageNo: 196-199
  • Abstract:
  • The digital payment landscape in India is undergoing a massive transformation. Indian consumers have shown tremendous affinity to digital technologies, with growth rates for mobile phones and e-commerce adoption far outstripping rates in developed economies. More than 40% of the users of digital payment systems are worried about chances of loss of money during the transactions as well as about the fraudulent activities that happen often in the field. So, continues security enhancement is the only way to reduce the fraudulent activities and give the better user experience. The paper addresses such issues and proposes a better enhancement for the existing digital payment technologies by using public key cryptography based two-step signature verification scheme.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 8
  • Issue: 5
  • PageNo: 196-199

Public Key based Security Scheme for Digital Payment Transactions

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