Abstract
Micro-payment systems have become popular in recent times as the desire to support low-value, high-volume transactions of text, music, clip-art, video and other media has increased. We describe NetPay, a micro-payment system characterized by de-centralized, off-line processing, customer anonymity and relatively high performance and security using one-way hashing functions for encryption. We describe the motivation for NetPay and its basic protocol, describe a software architecture and two NetPay prototypes we have developed, and report the results of several evaluations of these prototypes.
| Original language | English |
|---|---|
| Pages (from-to) | 91-101 |
| Number of pages | 11 |
| Journal | Electronic Commerce Research and Applications |
| Volume | 6 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 26 Mar 2007 |
| Externally published | Yes |
Keywords
- Electronic commerce
- Electronic wallet
- Micro-payment
- Software architecture