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Security Enhancement In
Card Payment Systems
Presented By
Pranoti Deshmukh(16025)
Dhanshree Khopde(16026)
Gauri Narse(16027)
Pooja Deore(16105)
Background
The flow of Card Payments are changed in recent months
(OCT 2014) and made PIN number compulsory to complete
the transactions.
This is applicable for all type of cards (Debit, Credit, etc).
This is done to minimize the fraud/misuse of card payments.
We found a problem when user is typing his/her PIN
number.
He/She has to enter PIN in front of merchant or relatives or
any other person.
This is a type of Overlooking / Shoulder Attack.
 This is called as CHIP+PIN methods
The idea explored
The merchant inserts your card. He enters the transaction
amount.
Then the bank server will notify user on his android mobile phone
to enter PIN number.
User can now enter PIN using his/her mobile.
 After entering pin number bank server will do the authentication,
check whether user is valid or not and also he has a sufficient
balance to pay.
After checking, bank server will transfer the amount in
merchant’s account.
Proposed benefits
Whenever merchant swap user card for payment, bank
server will notify user on his mobile to enter PIN number.
User can now enter PIN using his/her mobile. User is free
to provide number as YES/NO or any pattern which he can
change on daily or monthly basis.
Minimize frauds.
Applications
Fast deposit of funds.
Used in hotels, shopping malls.
Roadblocks
Person should have smart phone.
Internet should be available.
Thank You..!!
Thank You..!!

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Security Enhancement In Card Payment Systems

  • 1. Security Enhancement In Card Payment Systems Presented By Pranoti Deshmukh(16025) Dhanshree Khopde(16026) Gauri Narse(16027) Pooja Deore(16105)
  • 2. Background The flow of Card Payments are changed in recent months (OCT 2014) and made PIN number compulsory to complete the transactions. This is applicable for all type of cards (Debit, Credit, etc). This is done to minimize the fraud/misuse of card payments. We found a problem when user is typing his/her PIN number. He/She has to enter PIN in front of merchant or relatives or any other person. This is a type of Overlooking / Shoulder Attack.
  • 3.  This is called as CHIP+PIN methods
  • 4. The idea explored The merchant inserts your card. He enters the transaction amount. Then the bank server will notify user on his android mobile phone to enter PIN number. User can now enter PIN using his/her mobile.  After entering pin number bank server will do the authentication, check whether user is valid or not and also he has a sufficient balance to pay. After checking, bank server will transfer the amount in merchant’s account.
  • 5. Proposed benefits Whenever merchant swap user card for payment, bank server will notify user on his mobile to enter PIN number. User can now enter PIN using his/her mobile. User is free to provide number as YES/NO or any pattern which he can change on daily or monthly basis. Minimize frauds.
  • 6. Applications Fast deposit of funds. Used in hotels, shopping malls.
  • 7. Roadblocks Person should have smart phone. Internet should be available.
  • 8.