Abstract: A method for securely executing a charge transaction establishes an encrypted communication link between the mobile telecommunication device and a host by utilizing executable program code in the mobile telecommunication device. The method transmits data related to a charge transaction request from the host to the mobile telecommunication device via the encrypted communication link, and further transmits a second of at least two in combination unique data sets from the mobile telecommunication device to the host via the encrypted communication link as authorization for the charge transaction to be executed, and even further transmits from the host to a payment service provider, data related to the charge transaction request, the received second data set and a, in combination with the received second data set unique first data set stored at the host. The method completes the charge transaction if the first and second data sets in combination authorize the charge transaction.