Security Enhancement in Card Payment Systems

Abstract

All customers who have used their credit card at an international POS terminal will have to be re-carded with a Chip +PIN credit card. A chip is a small microchip embedded in our payment card. It is encrypted so transactions are more secure on the payment card. The Chip +PIN card is a higher level of security on your card, in line with best global and local practice of security of transactions. This paper starts with an examination of a previous attempt at solving the pin entry method. It had the advantage of being simple to understand and use. Our analysis takes both the theoretical and experimental approaches reveals serious shortcomings of previous method. We suspect a security thread in this process when we enter the pin in front of our friends and family members.