A Survey on Contactless Smart Cards and Payment System

Author:

Gupta Brij B.1,Narayan Shaifali2

Affiliation:

1. Department of Computer Engineering, National Institute of Technology, Kurukshetra, India & Department of Computer Science and Information Engineering, Asia University, Taiwan

2. National Institute of Technology, Kurukshetra, India

Abstract

In recent years, contactless transactions have risen rapidly. It includes NFC, MST, contactless cards, and many other payment methods. These payment methods have certain security issues, and attackers are in a regular search for the exploits to break its security. These security issues require proper analysis to secure user data from attackers. This article will discuss the contactless smart cards and payment systems in detail including the techniques used for securing user data and different possible attacks on the technology used for communication. The article also presents some countermeasures to prevent the attack and issues with those countermeasures. In addition, the article includes some future research issues and suggestions to overcome the security issues in contactless payment system.

Publisher

IGI Global

Subject

Information Systems and Management,Management Science and Operations Research,Strategy and Management,Computer Science Applications,Business and International Management

Reference112 articles.

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