Change search
ReferencesLink to record
Permanent link

Direct link
Securing Mobile Payment Protocol based on EMV Standard
KTH, School of Information and Communication Technology (ICT).
2012 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

This is an era of communication technology. This era has faced a lot of innovation in technology sector. Mobile phones were once used for calling or text messaging only, now slowly becoming competitor of computers. The rapid development of hardware, software and operating system of smartphones made it possible to do multiple tasks through the phones.

Nowadays, smart phones have powerful operating systems which provide wide range of applications. Smart phones can be interfaced with external hardware also. The payment industry is about to see a drastic change because of these features. People can now pay through their smartphones; they can use payment cards to pay through it etc. But financial transaction is a very sensitive service and security is very crucial here. For financial services, the major security services such as confidentiality, integrity, authenticity, authorization and non-repudiation must be ensured.

There are two major types of payment cards, magnetic-stripe based cards and chip based cards. Chip based card provides better security. Magnetic stripe based cards being static, is easy to counterfeit. But the fact that these magnetic stripe cards are still used in many countries, it is necessary to provide a security solution in order to protect customers from treachery.

In this thesis, it has been investigated how to secure the mobile payment based on EMV standard. EMV is a chip based payment card. It has strong security features which made skimming or tampering it very hard. But, Magstripe based payments still remained insecure. This thesis paper aims to secure the transaction when paid with magnetic stripe based cards. Several measures have been taken to ensure that major security services are met. In addition, a prototype was developed and tested to demonstrate the practicality of the designed solution.

The research results of this paper show that by transacting through the secured mobile payment protocol, customers can avail payment service more securely than traditional magnetic striped card based payments.

Place, publisher, year, edition, pages
2012. , 60 p.
Trita-ICT-EX, 2012:308
Keyword [en]
Mobile Payment Security, EMV, Magnetic Stripe
National Category
Engineering and Technology
URN: urn:nbn:se:kth:diva-121512OAI: diva2:618604
Educational program
Master of Science - Information and Communication Systems Security
Available from: 2013-04-29 Created: 2013-04-29 Last updated: 2013-04-29Bibliographically approved

Open Access in DiVA

fulltext(1595 kB)824 downloads
File information
File name FULLTEXT01.pdfFile size 1595 kBChecksum SHA-512
Type fulltextMimetype application/pdf

By organisation
School of Information and Communication Technology (ICT)
Engineering and Technology

Search outside of DiVA

GoogleGoogle Scholar
Total: 824 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 281 hits
ReferencesLink to record
Permanent link

Direct link