Electronic payments are rapidly expanding in popularity these days as a result of the hectic pace of modern living. In addition, hackers and fraudsters routinely misuse the personal information funds in a person’s bank account. To solve this issue, we must develop an intelligent system that protects individuals’ personal data and financial resources. As a result, in the place of human beings, today’s machines act think like human beings. Artificial Intelligence (AI) is a key component of electronic payment systems. It offers a novel method of processing electronic payments. This article provides an overview of the prospects, problems, various dangers associated with e-payments, in particular fraud, which is a major threat to the e-payments industry and a major source of financial loss. E-payments, benefits, as well as the future of e-payments are all discussed in the paper.