  The rise of smartphones has led to a significant increase in the usage of
mobile payments. Mobile payments allow individuals to access financial
resources and make transactions through their mobile devices while on the go.
However, the current mobile payment systems were designed to align with
traditional payment structures, which limits the full potential of smartphones,
including their security features. This has become a major concern in the
rapidly growing mobile payment market. To address these security concerns,in
this paper we propose new mobile payment architecture. This architecture
leverages the advanced capabilities of modern smartphones to verify various
aspects of a payment, such as funds, biometrics, location, and others. The
proposed system aims to guarantee the legitimacy of transactions and protect
against identity theft by verifying multiple elements of a payment. The
security of mobile payment systems is crucial, given the rapid growth of the
market. Evaluating mobile payment systems based on their authentication,
encryption, and fraud detection capabilities is of utmost importance. The
proposed architecture provides a secure mobile payment solution that enhances
the overall payment experience by taking advantage of the advanced capabilities
of modern smartphones. This will not only improve the security of mobile
payments but also offer a more user-friendly payment experience for consumers.
