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Micropayment systems allow payments of low value. Low cost for transaction is the main requirement for micropayments. For this reason, anonymity, a desired feature, is difficult to implement in micropayment systems. This paper presents an anonymous and untraceable micropayment system that offers low transactional costs while the use of secure protocols avoids financial risks. The efficient anonymity...
In this paper we present a fully anonymous (for payer and payee) electronic payment scheme for B2B transactions involving high amounts, without using tamper resistant devices, without pseudonyms, and preventing double spending. Schemes with detection of double spending at deposit are not well suited for high amount transactions (merchants and banks don’t want to assume potential high losses). Our...