This low-cost stripped down mobile payment system features Radio Frequency Identification (RFID) for identification, 4-digit security pin authentication and Ethernet Data Transfer. The ATmega32-based project prototype is intended for a low-cost secure payment system that has the potential to change lives in rural areas of developing countries.
The project is implementation of complete mobile-payment ecosystem comprised of RFID-enabled phones and text message (SMS) transactions to access a virtual account- a simple, fast and safe solution for financial transactions. Example application of the project is users would be able to pay for an airline or movie ticket by text-messaging an advertised SMS code and then skip the line at the counter by scanning their RFID-equipped mobile phone at the entry point and entering their authentication details.
Project Firmware, Schematic and Documentation