Secure And Efficient Payment Processing Using An Unique Pin-Based Transaction Method

This paper introduces a method for secure and confidential online transactions using an intermediate bank account. The approach involves using a virtual wallet to store the user's funds and an intermediate account to act as a safeguard between the user's actual account and the merchant's account. The proposed payment system includes a PIN-based authorization system to enhance security, requiring users to provide a unique PIN to authorize transactions. Overall, this system offers a reliable way to conduct anonymous and secure online transactions.