Results 1 to 10 of about 1,713,688 (120)

Weighing Anchor on Credit Card Debt [PDF]

arXiv, 2023
We find it is common for consumers who are not in financial distress to make credit card payments at or close to the minimum. This pattern is difficult to reconcile with economic factors but can be explained by minimum payment information presented to consumers acting as an anchor that weighs payments down.
arxiv  

Secure Mobile Payment Architecture Enabling Multi-factor Authentication [PDF]

arXiv, 2023
The rise of smartphones has led to a significant increase in the usage of mobile payments. Mobile payments allow individuals to access financial resources and make transactions through their mobile devices while on the go. However, the current mobile payment systems were designed to align with traditional payment structures, which limits the full ...
arxiv  

The Influence of Payment Method: Do Consumers Pay More with Mobile Payment? [PDF]

arXiv, 2022
The introduction of new payment methods has resulted in one of the most significant changes in the way we consume goods and services. In this paper, I present results of a field and a laboratory experiment designed to determine the effect of payment method (cash vs.
arxiv  

Security and Privacy of Lightning Network Payments with Uncertain Channel Balances [PDF]

arXiv, 2021
The Lightning Network (LN) is a prominent payment channel network aimed at addressing Bitcoin's scalability issues. Due to the privacy of channel balances, senders cannot reliably choose sufficiently liquid payment paths and resort to a trial-and-error approach, trying multiple paths until one succeeds.
arxiv  

Shapley-Based Core-Selecting Payment Rules [PDF]

arXiv, 2021
In this research note, we lay some groundwork for analyzing the manipulability of core-selecting payment rules in combinatorial auctions. In particular, we focus on payment rules based on the bidders' Shapley values. We define a sensitivity metric, and provide analytical results for this metric in LLG, for six different payment vectors used as ...
arxiv  

xLumi: Payment Channel Protocol and Off-chain Payment in Blockchain Contract Systems [PDF]

arXiv, 2021
In this paper, we introduce Super Luminal ("xLumi"), a new payment channel protocol for blockchain systems. xLumi is a simple unidirectional payment channel that can be extended to a bidirectional payment channel or a complete network. xLumi guarantees the security of the payment channel's funds by using a simple set of mathematical rules that can be ...
arxiv  

Improving Sustainability of Cryptocurrency Payment Networks for IoT Applications [PDF]

, 2020
Blockchain-based cryptocurrencies received a lot of attention recently for their applications in many domains. IoT domain is one of such applications, which can utilize cryptocur-rencies for micro payments without compromising their payment privacy.
arxiv   +1 more source

Flash: An Asynchronous Payment System with Good-Case Linear Communication Complexity [PDF]

arXiv, 2023
While the original purpose of blockchains was to realize a payment system, it has been shown that, in fact, such systems do not require consensus and can be implemented deterministically in asynchronous networks. State-of-the-art payment systems employ Reliable Broadcast to disseminate payments and prevent double spending, which entails O(n^2 ...
arxiv  

Improving Transaction Success Rate via Smart Gateway Selection in Cryptocurrency Payment Channel Networks [PDF]

, 2020
The last decade has experienced a vast interest in Blockchain-based cryptocurrencies with a specific focus on the applications of this technology. However, slow confirmation times of transactions and unforeseeable high fees hamper their wide adoption for micro-payments.
arxiv   +1 more source

System-Wide Security for Offline Payment Terminals [PDF]

arXiv, 2021
Most self-service payment terminals require network connectivity for processing electronic payments. The necessity to maintain network connectivity increases costs, introduces cybersecurity risks, and significantly limits the number of places where the terminals can be installed. Leading payment service providers have proposed offline payment solutions
arxiv