Abstract:
The various embodiments herein provide a dongle device with tamper proof characteristics for a secure electronic transaction. The dongle device comprises a housing which includes a first half comprising a main circuit board and a second half comprising a secondary circuit board, a slot for swiping a magnetic stripe card, a slot for inserting a contact type card, a communication module, a key pad, a connector, a cover for safeguarding the connector, a stylus, a universal serial bus (USB) port, a processor and a display. The processor continuously monitors a connection between the main circuit board and the secondary circuit board and kills the dongle device when processor detects a tampering. The first half and the second half of the dongle device are ultrasonically sealed together. The main circuit board and the secondary circuit board are electrically and electronically connected through a compressible connector.
Abstract:
The embodiments herein provide a method and system for secure electronic transaction using a dongle device and a mobile device. The method comprises inserting a payment card in a dongle device. A type of the card is recognized to activate a respective card reader to read a card data which is processed by a microprocessor. The payment amount input by the user is transmitted along with the card data and a transaction related information through the mobile device to a payment server for processing the card data to authenticate the merchant using a mobile application. The mobile application resides on the mobile device or server. After authenticating the user by verifying the user input PIN, the received data and a transaction request is sent to a banking server to perform an electronic transaction.