Contactless Payment For Mobile Money In Ghana

58 pages ID: CPE0088

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Project Details

DepartmentComputer Engineering
TypeProject
Pages58
Reference StyleYES
FormatMS Word & PDF
Reference No.CPE0088

Abstract

Abstract The use of Unstructured Supplementary Service Data (USSD) applications in conducting monetary transactions is an unsafe and slow means of payment. Research has shown that USSD applications utilize outdated encryption techniques, which make it susceptible to hackers during data transmission; they are unreliable and have long processes before payment is conducted. This study aims to explore how Near Field Communication (NFC) technology can be used to conduct payments. Comparing the two payment techniques, it asks: How does NFC payment compare USSD payment and what advantages does one pr…

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Full material

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Pages58
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