Research on Internet Payment Security Based on the Strong Authentication of the Timeliness and Multi-factors
Junsheng Wang, Qingsu He, Qingzhi Han · Advances in computer science research · 2017
Security and convenience is the main consideration for the user to select the Internet payment, and also the key issue of the development of the Internet payment industry.At present, on Third-Party Payment Platform, E-bank and other Internet payment platform, when users change the password, pay or transfer account, only phone verification codes or password are given to complete the transaction, but it is extremely trouble to ensure the safety of people's funds.To solve this problem, a secure and convenient payment mode based on the Strong Authentication of the Timeliness and Multi-factors is proposed in the paper.When registered the payment account on the internet, users need have at least two authentication methods that are randomly select from the methods given by Internet Payment Platform and input their information for payment verification.When users login the Internet Payment Platform for the first time, every authentication method that users select must be input and the information be correct as well.After that, within a specified time, each payment is reduced by one authentication factor, but ultimately not less than a pay factor.