A proposal for payment model for financial transaction using MyKad

Ahmad Zahari , Nurul Huda and Suradi, Zurinah (2010) A proposal for payment model for financial transaction using MyKad. In: Postgraduate Research FKSTM, 2010, UTHM.

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Abstract

Tlie Public Key Infrastructure (PKI) application in Mykad will enable users to conduct e-commerce using a digital certificate. PKI allows for easy securing of private data over the public network and allowing secure electronic transactions over the Internet which include online submission of tax returns and internet banking. Hence, this research presents the basic elements of electronic payment model that related to MyKad PKI because there still no model or system to conduct this transaction to date. In order to identify these elements, we reviewed three payment models which are PayCircle, PayWord and PayPal. PayPal is widely used in making payment all over the world while PayWord is one of the payment models that used public key in their transaction. For PayCircle, this model described the simplest possible electronic payment models which can be the basis for all other models. Hence, we proposed a new payment model to include a digital certification authority as one of the necessary players in electronic payment for smart card.

Item Type:Conference or Workshop Item (Paper)
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Science Computer and Information Technology > Department of Information System
ID Code:1953
Deposited By:Faizul Sahari
Deposited On:04 Oct 2011 16:34
Last Modified:04 Oct 2011 16:34

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