Abstract
In this chapter, we some future security challenges that should be addressed by researchers and designers of mobile payment systems in order to provide a secure environment for ubiquitous mobile commerce. We also highlight some of the challenges faced by users of mobile payment systems which must be understood by designers of such systems to maximize the overall user satisfaction. Finally, we also analyze some alternative cryptographic schemes in the design of mobile payments systems along with opportunities offered by other technologies such as Mobile Cloud computing (MCC) and Vehicular Ad hoc NETworks (VANETs).
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