Implementation of a Novel Security Technique Using Triple DES in Cashless Transaction

During last few decades' most of the commercial transactions transformed to e-Commerce applications. Some of the widely used ways of e-Transactions are Electronic Fund Transfer (EFT), Credit/Debit Cards, Net-banking, e-Wallets, mobile banking. Mostly it has been observed that there is innumerable number of attacks in cashless e-Commerce transactions, where intruders try to manipulate data for evil purpose. Use of cryptographic technique is one of the popular way to avoid such attacks and to prevent cross-site snatching vulnerabilities, insecure permissions, and other possible threats. In this paper we have used a novel technique based on triple Data Encryption Standard (DES) and compared the security level of this method with other frequently used encryption algorithms such as RSA and Hash function and we observed that if we can fix the issues regarding key transfer and process slow down, it will upgrade the overall security level.