Abstract—Mobile payment is being adopted all over the world in different ways. Along with the increased convenience at the point of sale, mobile payment acceptance can also bring new risks to the security of cardholder data. Authentication is a basic security building block for mobile payment and there are some of research results, which were proven to be weak against attacks. This paper proposes a new authenticated key agreement based on NFC for mobile payment to solve the problems in the previous researches. The proposed scheme is secure against various attacks and could provide privacy to the participants.

Index Terms—Security, mobile payment, authenticated key agreement, near field communication.

Bomi Seo and Hyunsung Kim are with he Department of Cyber Security, Kyungil University, Korea.
Sung Woon Lee is with the Department of Information Security, Tongmyoung University, Korea.

Cite:Bomi Seo, Sung Woon Lee, Hyunsung Kim, "Authenticated Key Agreement Based on NFC for Mobile Payment," International Journal of Computer and Communication Engineering vol. 5, no. 1, pp. 71-78, 2016.