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Contactless mobile payment devices are fast, convenient and user friendly means for executing small value business transactions. This kind of transactions is preferred to be executed conveniently and on the fly by just tapping a mobile payment device to a mobile terminal. Mobility, convenience and fast transaction execution are very important payment system properties in potentially crowded places such as in public transportation. These properties are in practice causing transaction executiondoi:10.4236/jtts.2017.71004 fatcat:5mifegigrbg4pjz6rn4diox7lu