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Authors: Sung-Ming Yen 1 ; Hsi-Chung Lin 1 ; Yen-Chang Chen 1 ; Jia-Jun Hung 2 and Jui-Ming Wu 2

Affiliations: 1 National Central University, Taiwan ; 2 Networks and Multimedia Institute, Institute for Information Industry, Taiwan

Keyword(s): Cryptography, Electronic payment, Micropayment, One-time password, One-way hash chain.

Related Ontology Subjects/Areas/Topics: e-Business and e-Commerce ; e-Payment ; Society, e-Business and e-Government ; Web Information Systems and Technologies

Abstract: In this paper, a micropayment scheme with flexible coin denomination mintage is proposed. This varying denomination approach might be more reasonable for most micropayment applications. Furthermore, the proposed scheme improves extensively the computational performance of both the customer as well as the merchant. Storage cost of the customer is exactly the same as in the original PayWord micropayment scheme and is thus applicable to implementations on small portable devices, e.g., smart card.

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Paper citation in several formats:
Yen, S.; Lin, H.; Chen, Y.; Hung, J. and Wu, J. (2008). PAYSTAR: A DENOMINATION FLEXIBLE MICROPAYMENT SCHEME. In Proceedings of the Fourth International Conference on Web Information Systems and Technologies - Volume 1: WEBIST; ISBN 978-989-8111-27-2; ISSN 2184-3252, SciTePress, pages 387-393. DOI: 10.5220/0001521103870393

@conference{webist08,
author={Sung{-}Ming Yen. and Hsi{-}Chung Lin. and Yen{-}Chang Chen. and Jia{-}Jun Hung. and Jui{-}Ming Wu.},
title={PAYSTAR: A DENOMINATION FLEXIBLE MICROPAYMENT SCHEME},
booktitle={Proceedings of the Fourth International Conference on Web Information Systems and Technologies - Volume 1: WEBIST},
year={2008},
pages={387-393},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001521103870393},
isbn={978-989-8111-27-2},
issn={2184-3252},
}

TY - CONF

JO - Proceedings of the Fourth International Conference on Web Information Systems and Technologies - Volume 1: WEBIST
TI - PAYSTAR: A DENOMINATION FLEXIBLE MICROPAYMENT SCHEME
SN - 978-989-8111-27-2
IS - 2184-3252
AU - Yen, S.
AU - Lin, H.
AU - Chen, Y.
AU - Hung, J.
AU - Wu, J.
PY - 2008
SP - 387
EP - 393
DO - 10.5220/0001521103870393
PB - SciTePress

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