A Cost-Effective NFC-Based Tap-and-Pay Payment System
Rapidly emerging contactless payment methods have totally transformed the economic landscape by ensuring a convenient and efficient means to standardize price structures. Presented in this work is a Tap-and-Pay Payment System which is based on Near Field Communication (NFC) that would substitute the traditional Point-of-Sale (POS) terminals. This device utilizes NFC technology to allow merchants to take payments with only a smartphone, eliminating costly hardware. We provide a comprehensive discussion on the system's architecture, its security properties, the implementation issues faced, and performance evaluations thereof, as well as an investigation into serving SMEs by enhancing the access of digital payments and propagating inclusive finance. Future enhancements include enriching functionalities such as multi-currency support and offline transaction capabilities. 2025 IEEE.
Proceedings of IEEE International Conference for Women in Innovation, Technology and Entrepreneurship, ICWITE 2025;
Institute of Electrical and Electronics Engineers Inc.
Restricted Access; Hardcopy may be available in the library
https://doi.org/10.1109/ICWITE64848.2025.11306945 https://www.scopus.com/pages/publications/105032370984?origin=resultslist
Thomson A., CHRIST(Deemed to be University), Dept. of Computer Science, Bengaluru, India; Smera C., CHRIST(Deemed to be University), Dept. of Computer Science, Bengaluru, India; Rohini V., CHRIST(Deemed to be University), Dept. of Computer Science, Bengaluru, India