This master thesis with the name "Analysis and Evaluation of Security Developments in Electronic Payment Methods," aims to make a compendium of the technologies and standards used on today's payment card transactions since there is no such compendium available today. This thesis also evaluates the security of the technologies used and the amount of effort required by merchants for the compliance of the Payment Card Industry Data Security Standard (PCI DSS). With the results of these evaluations, it was possible to make recommendations to the merchants using payment cards as a form of payment and to the manufacturers of payment cards. Recommendations that its intention is to increase the security of the card payment transactions.