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Abstract

In this paper, we analyze some key issues concerning systems for processing Internet micropayments. At the heart of the matter is the trade-off between security and cost considerations. A set of criteria is proposed, against which a number of previously proposed and currently operational micropayment systems are reviewed. We also propose a model, called WebCoin, embodying a number of innovations that may enhance micropayment systems currently in use.

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Nguyen, A., Shao, X. (2008). A Secure and Efficient Micropayment System. In: Sobh, T. (eds) Advances in Computer and Information Sciences and Engineering. Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-8741-7_12

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  • DOI: https://doi.org/10.1007/978-1-4020-8741-7_12

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-1-4020-8740-0

  • Online ISBN: 978-1-4020-8741-7

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