Offline Micro Payment Recovers Fraud

Abstract

The payment of cash to products as it moved from cash to cashless which is of credit and debit cards. This mainly evolved in a problem these days .Due to this the customer data can be stolen by using of point of sale. Although the modern PoS are provided with stronger and managing the specialized software, it’s difficult to prevent data theft although sophisticated securities are provided. Therefore by considering this situation secured online payment is not possible if the users are disconnected from the network. This paper implements the solution that provides fully secured offline micropayments where it highly recovers from cyber-attack. The hardware requirements, protocols and components are discussed in this paper. Further a complete description of offline micropayment functionality and provided with security property, which shows the productiveness and feasibility.