A Secure Mobile Payment Protocol for Handling Accountability with Formal Verification

Mobile payment protocols have attracted widespread attention over the past decade, due to advancements in digital technology. The use of these protocols in online industries can dramatically improve the quality of online services. However, the central issue of concern when utilizing these types of systems is their accountability, which ensures trust between the parties involved in payment transactions. It is, therefore, vital for researchers to investigate how to handle the accountability of mobile payment protocols. In this research, we introduce a secure mobile payment protocol to overcome this problem. Our payment protocol combines all the necessary security features, such as confidentiality, integrity, authentication, and authorization that are required to build trust among parties. In other words, is the properties of mutual authentication and non-repudiation are ensured, thus providing accountability. Our approach can resolve any conflicts that may arise in payment transactions between parties. To prove that the proposed protocol is correct and complete, we use the Scyther and AVISPA tools to verify our approach formally.