METHOD OF MAKING SECURE PAYMENT OR COLLECTION TRANSACTIONS USING PROGRAMMABLE MOBILE TELEPHONES

摘要

The invention relates to a method of making secure payment or collection transactions using programmable mobile telephones. The use of programmable telephones such as those with Java technology, on which an application is loaded (e.g. Java application) enables same to be used as terminals for secure payment or collection transactions. The application enables the buyer/seller to perform the transaction, including the verification, with a single connection. According to the invention, the data are encrypted and transmitted using GPRS or another data transmission protocol to a transactions server, where the transactions are verified and authorised. The process is made secure owing mainly to the fact that up to five unrelated identification elements are used, including a unique access key for each user, which is stored in the mobile telephone.