System and method for secure transaction process via mobile device

摘要

A secure element with a user security domain thereon, the user security domain constituted of: a security domain control circuitry; an encoder/decoder functionality responsive to the security domain control circuitry; and a secured keys storage in communication with the security domain control circuitry, the encoder/decoder functionality arranged to: encode data responsive to at least one first key stored on the secured keys storage, and output an encoded data; and decode received data responsive to at least one second key stored on the secured keys storage, and output a decoded data.