Public Key based Virtual Credit Card Number Payment System for Efficient Authentication in Card Present Transaction

A New Credit Card Payment System Based on 3D- SecureTM Using One-time-use Transaction Numbers

Along with rapid growth in usage of credit card in ecommerce, rough and robust security measure and technologies should be developed. One old problem about the credit card transaction -that also exists in widely used payment system like 3D-SecureTMis the possibility of disclosure of sensitive data which is being stored by merchants during the transaction. A solution to this problem is using pro...

A Simple and Secure Credit Card-Based Payment System

Method and System for Detecting Fraud in Credit Card Transaction

Due to a rapid advancement in the electronic commerce technology. Credit card becomes the most popular mode of payment for both online as well as regular purchase. Cases of fraud associated with it are also rising. In this paper I am introducing the concept of three level of security, the first level is the static User name or password, and in the second level it uses Hidden Markov Model (HMM) ...

Credit Card Debt and Payment Use

Charles Sprenger and Joanna Stavins Abstract: Approximately half of credit card holders in the United States regularly carry unpaid credit card debt. These so‐called “revolvers” exhibit payment behavior that differs from that of those who repay their entire credit card balance every month. Previous literature has focused on the adoption of debit cards by people who carry credit card balances, ...

Dynamic Virtual Credit Card Numbers

Theft of stored credit card information is an increasing threat to e-commerce. We propose a dynamic virtual credit card number scheme that reduces the damage caused by stolen credit card numbers. A user can use an existing credit card account to generate multiple virtual credit card numbers that are either usable for a single transaction or are tied with a particular merchant. We call the schem...