EMV-Compatible Offline Mobile Payment Protocol with Mutual Authentication

Abstract

In 2014, Yang proposed a method to enhance the current EMV credit card protocol (EPMAR). However, the protocol ignores the exceeding of a credit quota caused by multiple offline transactions, with the result that the amount spent can exceed the risk control scope. In this paper, we proposed an EMV-compatible offline mobile payment protocol with mutual authentication (EOPMA) to enhance EPMAR. In EOPMA, we use the reverse hash chain technique to guarantee the payment, which solves the problem of credit quotas getting exceeded because of multiple offline payments. During a transaction, in addition to payment for merchandise, an offline authorization certificate for the transaction is sent to the merchant. The merchant can verify the correctness of the transaction in real time. Our protocol is compatible with the EMV standard, which is applicable to the retail environment of numerous merchants and effectively, making EMV transactions more secure and reliable. We use numerical analysis to examine the security and performance of the protocols. We formally check the correctness of EOPMA by using the Gong–Needham–Yahalom logic.