International Journal of Engineering Research in Computer Science and Engineering (IJERCSE)

Design and Implementation of Safe Multifactor Verification for Customer Payment Method Using NFC

Author : Sasikumar Gurumurthy ¹

Date of Publication :7th May 2016

Abstract: The latest trend of making financial transactions is done by the use of cards or internet banking. A person may have multiple bank accounts across several banks which makes it difficult for him/her to manage the transactions i.e. he/she either has to carry several cards or use a bunch of bank websites for accomplishing his/her transaction purposes. This situation demands the need of a simple, secure and hi-tech system for achieving the purposes of making transactions. We propose such a system that uses the latest technologies like NFC and multifactor authentication which can be used on any NFC enabled Smartphone. The multi factor authentication system uses a 4-digit PIN as the knowledge factor, an NFC enabled Smartphone, instead of cards, as the possession factor and the face of the user as the inherence factor for the purpose of authentication. The proposed system which can be implemented as cross-platform mobile application, not only allows the user to make secure transactions, but also allows him/her to make transactions from his/her multiple accounts.

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