TechnologyChallengesinMobilePayments摘要.pptVIP

Security at Mobile Application level Client Application developed by the Mobile Payment Provider (MPP) Server Application of the MPP at the Bank level Security Testing Key Generation and storage process Check Sum implemented Reaching to the destined address only ? March 29, 2012 * March 29, 2012 Multiple Standard Challenges ISO Standards IEEE Standards PCI DSS Standards Regulatory Standards Global platform Standards EMV Standards NIST Standards SFMS, SWIFT Standards NFC Standards * Mobile ad hoc network technologies March 29, 2012 Technology Standard Theoretical Bit Rate Frequency Range Power Consumption IEEE 802.11b 1,2,5.5, 11 Mbits/s 2.4 GHz 100m-500m 30mW IEEE 802.11g Upto 54 Mbits/s 2.4 GHz 25-50m 79mW IEEE 802.11a Upto 54 Mbits/s 5 GHz 40m 250mW Bluetooth IEEE 802.11.15.1 1 Mbits/s 2.4 GHz 10 m-100m 1mW UWB (IEEE 802.15.3) 110 - 480 Mbit/s 10 GHz 10m 200 mW Hiper LAN2 Upto 54 Mbits/s 5 GHz 150m 200 mW IrDA 4Mbits 850 nm 10 m 200mW IEEE 802.11n 600 Mbits/s 5 GHz 100m - 250m 1500W * March 29, 2012 Consolidation Level Challenges Server capabilities to handle high volume mobile payment transactions Periodic and round the clock clearing services for mobile payments Net and Real time funds settlement between Banks Cash management issues at ATMs on account of high velocity mobile payments. Offering Mobile Banking Application as a Cloud Service * Some Innovative solutions of Mobile Payments in India: Bringing all stakeholders of Mobile Payments into one platform by the Mobile Payment Forum of India (MPFI) in 2006 Use of Mobile Phone Number and MMID only for Mobile Payments Use of AADHAR number and BIN for Mobile Payments Use of USSD based Mobile Payments Development of MANETS for Financial Inclusion by IDRBT And many other solutions reported in the workshop March 29, 2012 * MANET Ecosystem for Mobile Payments MANET nodes. Gateway. Backbone Network. Bank Server. Fixed Relay. March 29, 2012 * Mobile ad-hoc Network (MANET) It is a Mobile wireless networ