International Research Journal of Education and Technology

Modern technology is turning into an essential element in the financial trade. We focus the emphasis of this review on the E-wallet and Online payment, which is an element of an electric payment system, to get the pattern of using this service. “What are the major security issues regarding using electronic payments”? What security properties need to comply for secure electronic payments? With the systematic literature review approach, the results show that interest in E-wallets and online payment has grown significantly during this period, and it was found that for the increasing uses of electronic payments, researchers are more focused on security issues. The results show that to conquer the key gaps, electronic payment must have some protection properties, namely, availability, authorization, integrity, non-repudiation, authentication, and confidentiality. Nowadays, security problems in electronic payment are usually more demanding than the present security problems on the web. These findings can enable electric transaction providers to strengthen their security methods by boosting their security gaps, as required for relevant services.

KEYWORDS: Online UPI transactions, online payment,E-wallets.