Security Report for Mobile Wallet implemented from NFC Technology for Mobile Payment

摘要

The trend of using non-cash transaction in Ecommerce is very common and widely used in this era. But customer needs confidence in security of the services for adoption of mobile banking and payments. Now a days Mobile wallet is used broadly for cashless payment. So in this paper we introduce the mobile wallet and its security and as well as NFC (Near Field Communication) Techniques used in Mobile wallet for payment or transferring money with in nearly 4 cm Distance. We also shows security mechanism used in Near Field Communication techniques for ensuring secure data transfer between two NFC devices.