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It is not only lack of trust, it will be how we do it, some people find E-Payment process very strange and difficult to follow.
Yes; Technology is moving fast in every corner and going paperless plus increased efficiency will make mobile payment possible. Currently, there is enough mobile security in e-payments which increases trust.
The "Trend" is defined by a large number of people currently practing the action, and in the Arab world we can see that the online paymnet gatways, pioneered by Souq.com's "Payfort", online payment gateway, are attracting a large number of people in the Arab world and are fortifying their stand as a reputable payment system.
Their will always be risks attributed to any sort of online channel which is less certain in certain channels over others, but risk can only be minimized as much as possible, but always present as a factor.
Paying via phone is more easy , convenient and safe.