ELECTRONIC MONEY AND THEIR ADVANTAGES OVER TRADITIONAL MONEY

Yuldashev Farhodbek Abdumutalibovich; Zaripova Mohigul Jasurbekovna

Authors

Yuldashev Farhodbek Abdumutalibovich Tashkent State University of Economics Andijan Faculty Department of Social, Humanitarian and Exact Sciences, Senior Lecturer
Zaripova Mohigul Jasurbekovna Tashkent State University of Economics Andijan Faculty Field of Study: “Banking and Audit” 2nd-year Student.

Keywords:

electronic money, digital payment systems, traditional money, cash, non-cash transactions, speed, convenience, security, transaction, transparency, economic efficiency, financial technologies (fintech), e-commerce, payment instruments

Abstract

This thesis highlights the role of electronic money in the modern economy and their advantages over traditional money. Electronic money is a digital form of payment systems and serves as an effective complement to cash and non-cash circulation. The study analyzes the convenience, speed, security, and opportunities of using electronic money in international settlements. In addition, their role in reducing costs, ensuring transaction transparency, and further stimulating economic activity is examined. During the research, the advantages of electronic money are compared with traditional money, and conclusions are drawn about their prospects for future development.