This document discusses implementing a secure transaction platform to allow users to safely make bank transactions online. It notes that encryption is vital for secure e-commerce given online fraud reports that create skepticism. The project aims to create a system where merchants must verify themselves each time to prevent fraudulent transactions by implementing encryption and secure communication between banks and merchants. It will use PHP for the front end and MySQL for the back end.
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Original Title
A PHONEPAY TRANSACTION IMPLEMENT AS A PRODETING INFORMATION AND COMMUNICATION
This document discusses implementing a secure transaction platform to allow users to safely make bank transactions online. It notes that encryption is vital for secure e-commerce given online fraud reports that create skepticism. The project aims to create a system where merchants must verify themselves each time to prevent fraudulent transactions by implementing encryption and secure communication between banks and merchants. It will use PHP for the front end and MySQL for the back end.
This document discusses implementing a secure transaction platform to allow users to safely make bank transactions online. It notes that encryption is vital for secure e-commerce given online fraud reports that create skepticism. The project aims to create a system where merchants must verify themselves each time to prevent fraudulent transactions by implementing encryption and secure communication between banks and merchants. It will use PHP for the front end and MySQL for the back end.
ABSTRACT Many reports regarding online fraud in varieties media create skepticism for conducting transactions online, especially through an open network such as the Internet, which offers no security whatsoever. Therefore, encryption technology is vitally important to support secure e- commerce on the Internet. Two well-known encryption representing symmetric and asymmetric cryptosystems as well as their applications are discussed in this paper. Encryption is a key technology to secure electronic transactions. However, there are several challenges such as cryptanalysis or code breaker as well as US export restrictions on encryption. The future threat is the development of quantum computers, which makes the existing encryption technology, cripple. Web application security has become an important concern for every user. This project implements a secure transaction platform that helps users to make secure bank transactions. In the communication between bank and merchant, every time merchant must be verified to prevent fraudulent transactions. FRONT END: PHP BACK END: MY SQL