A Novel Mobile Wallet Based on Android OS and Quick Response Code Technology
C. J. ANUMBA AND A. THORPE O. O. UGWU, T. Mesigo · 2015
The emergence of Android mobile operating system has brought about a huge change in the smart phone industry. It has contributed to the increase in the range of services a smart phone can provide which includes the ability to be used in the exchange of financial value. Quick Response (QR) code technology can be regarded as a key technology in the future of mobile payments. The goal of this paper is to develop a model of mobile payment solution using QR code as a communication link between the two parties engaging in a transaction and also for encryption of transaction details. The study resulted in a new android mobile wallet application which was developed using the object oriented analysis and design methodology. Our experimental results show that the new system has better security using dual authentication employed by different entities, does not require sharing of personal details, eliminates the need for agents in the payment ecosystem and satisfies the universal pr operty