Paytooth - A Cashless Mobile Payment System based on Bluetooth

The government authority, banking industry and regular citizens all experience a high overhead in using cash and credit/debit cards. E-cash and Mobile payment in particular is a feasible alternative to physical cash, since it will experience much lower overhead and offers more convenience. The concept of Mobile Payment is also known as Mobile Money and Mobile Wallet. Here, in all such systems customer will be paying for a wide range of goods and services using mobile phone. In today's world, mobile device is the most popularly used system for Mobile Payment. Wireless and proximity technology provides a new way for implementation and working of mobile payment systems. In this aspect, the capacity and power of using short-range wireless technologies such as Bluetooth is extensive. Bluetooth is an open wireless and widely available protocol for transmitting and receiving data over short distances between two mobile phones. In our proposed system Bluetooth is used as a connection medium between two devices. In this paper, implementation of new concept of mobile payment system using Bluetooth is presented.