The Study of E-payment System Using Smart Card

1
The Study of E-payment System Using Smart Card

• 2001.4.11
• Computer Security Electronic Payment System
• - Cheong Je-ho - Song Jae-il - Shin
  Heung-Soon - Lee Mi-Sung

2
List of Contents

• Definition of Smart card
• Type of Smart card
• Applications of Smart card
• Major Players
• Standards
• Advantages of Smart card
• Problems of Commercialization

3
1. Definition

• Plastic card with microprocessor
• Has 8-bit or 32-bit micro-processor (MPU)
• Has a self-arithmetic function
• Chip operating system safe storage
• Area embedded in its surface as an IC chip.

4
2. Type of Smart card

• Contact Card
• Contactless Card
• Hybrid Card ( Contact Contactless)
• Combi Card

5
3. Applications of Smart Card

• Wire wireless communication
• E-commerce
• Financial sector
• Transportation System
• Others

6
4. Major Players

• VISA(SET specification) http//www.visa.com
• Gemplus http//www.gemplus.com
• Bull http//www.cp8.bull.net
• Schlumberger http//www.1.slb.com/smartcards
• Siemens http//www.sci.siemens.com
• HP (alliance HP Informix imagine card)
• http//www-europe.hp.com/alliance
• IBM smart card solution http//www-3.ibm.com/p
  vc
• Mondex solution http//www.mondex.com

7
5. Standards

• ISO/IEC
• EMV2000
• CEN/pr
• PC/SC
• OCF

8
6. Advantages

• Security
• Convenience
• Economic benefits
• Customization
• Multifunctionality

9
7. Problems of Commercialization

• The absence of motivation to force
• customers to use Smart card
• Limitation of payable range
• Difficulties of performing multifunction
• Technical instability