The average Briton makes around 286 deals per year using epayment methods, while in USA, the number average number is reaches 376 deals. In Europe, particularly Finland, it is a whopping 448.Systems facilitating electronic payments is the most common financial products as they became very popular everywhere around the world. Gone are the days when people had to carry with them wads of cash that limitedtheir purchase power and also subjected them to serious risks of theft. Waves of innovation from banks and financial institutions created cards, and now the modern credit card, and also the mobile payment solutions like ApplePay and other which made the act of paying very seamless and secure for all.Carrying no cash means limiting the threat of robbery. Banks will be safer as the motive to rob them will drop same as to the cash on hand. Pickpocketing has become an act of history, especially in countries that has easy access to cashless payments and security cameras. Thieves have no motive to steal wallets anymore since they don’t contain cash, maybe some papers and useless plastic cards. A large city like New York, for example, had 23,000 reported pickpocketing incidents in the year 1990. Now, such acts are so rare. The police department no longer keeps track of the this crime, instead it allocated its resources to the acts of stealing iPhones and mobiles Ironically, virtual payments leave more track than cash payments. Digital funds are easier to track which doesn’t make it a preferable channel for anonymous drug trafficking lords, tax evasion, and terrorism financing. The future of e-payment authentication methods1- Biometric AuthenticationThe biggest challenge curbing online and electronic payment is authentication. Facial recognition is not the only outlet for face authentication, eye scans have long since appeared in sci-fi films as a very successful method of verifying identity, however the development for a real-world application is already under research. Eye veins are unique, same as fingerprints, which enable accurate acceptance or rejection of the consumer.Hand veins are also an extra option for body outlet authentication. Vein patterns are mapped in the hand and referenced with the credit card data when a transaction is done. More than one card can be linked to a single credit card, this limits the need for carrying banknotes in a wallet. 2- Selfie AuthenticationDevelopers are currently working on many technical methods to authenticate the whole e-payment process. One of the most intriguing authentication methods that uses a tool which vast majority of consumers already have and use on a regular basis is the cameras on their mobilesAfter downloading a special application on the mobile, consumers will have the ability to take a selfie at checkout. This selfie authentication method was tested by MasterCard in 2015. It is expected to take a larger scale later over the coming years. 3- Voice Authentication Voice authentication is an extra verification way which is currently used by many different banking systems all over the world. To verify account ownership, cards and mobile phones will be linked to the consumer’s voice commands through a certain specialized software, this ensures a high level of authentication accuracy.Many new trends of e-payment methods are emerging that can substitute conventional and current electronic payment methods, all these payments methods are still under scrutiny, but they are expected to take the whole scene by landslide in the near future. 1- BitcoinAlthough consumers regarded Bitcoin with suspicion in the beginning, now this e-payment technology became very acceptable on a large scale. Bitcoin is based on the BlockChain method. It involves integrating a set of transactions into one block of data, encrypting it and then storing it. It is considered one of the cheapest, quick and most secure ways to transact.PayoneerPayoneer gained a strong focus from international merchants and it is very popular in China’s eCommerce industry.Using this method, consumers can make many payments in several currencies through virtual bank accounts, the whole process is almost instant. Retailers can also manage billing by features provided by Payoneer.Receiving funds from other Payoneer user is off charged, while the random transaction charge is 3%. Google WalletGoogle is also joining the bandwagon of online payment methods, there is a new payment method that allows you to receive money from anyone.Same as PayPal, the only needed personal information is email address to receive payments. However, Google wallet transfers these funds to the bank account by default.