A Survey on Mobile Payment Systems Security

In recent years, increasing use of mobile devices and the emergence of new technologies have changed mobile commerce and mobile payment in all over the world. Although many attempts have been made to implement secure mobile payment systems and services, growing forgery, fraud and other related electronic crimes as well as security attacks and threats prove the necessity of paying special attention to security issues for development and extension of such systems. In this paper, we investigate classification of security threats and attacks in mobile payment and discuss security issues in three related areas of mobile payment; including network security, transmission security and mobile device security. Network security includes WLAN and WWAN security; transmission security includes WAP, SMS, wave channel and USSD security; and mobile device security includes hardware and software platforms and operating system security.