Loyalty System as a Secure Payment Scheme in Multiple Internet Shopping Malls


The Transactions of the Korea Information Processing Society (1994 ~ 2000), Vol. 7, No. 5, pp. 1676-1686, May. 2000
10.3745/KIPSTE.2000.7.5.1676,   PDF Download:

Abstract

The growth of the Internet has brought many kinds of electronic payment schemes that can be applied to electronic commerce applications. Generally speaking, conventional loyalty system is not a payment system but a part of customer service. Our loyalty system, however, adds monetary functions and security mechanism to the concept of bonus point, so it can make the electronic markets use entire bonus system as an electronic payment scheme. First, we introduce the organization and the protocol structure of the loyalty system. Next, we describe monetary characteristics, security scheme and anonymity to show our loyalty system can be used a functionally complete payment system.


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Cite this article
[IEEE Style]
H. S. Yoon, Y. K. Kim, H. Choi, S. J. Hong, "Loyalty System as a Secure Payment Scheme in Multiple Internet Shopping Malls," The Transactions of the Korea Information Processing Society (1994 ~ 2000), vol. 7, no. 5, pp. 1676-1686, 2000. DOI: 10.3745/KIPSTE.2000.7.5.1676.

[ACM Style]
Hye Suk Yoon, Young Kuk Kim, Hoon Choi, and Seung Jae Hong. 2000. Loyalty System as a Secure Payment Scheme in Multiple Internet Shopping Malls. The Transactions of the Korea Information Processing Society (1994 ~ 2000), 7, 5, (2000), 1676-1686. DOI: 10.3745/KIPSTE.2000.7.5.1676.