Electronic money and on financial management effects

Today, electronic payment systems are used for buying andselling and financial services on the internet. Existing electronicpayment systems of defect is found out that electronic paymentsystems will give more good consequences. The interior of electronicpayment systems taken part in most new and at present progresscontinued payment means is electronic money. One under subdivisionelectronic money of electronic commerce is stored one computer ofmemory or transportable one card on chip of monetary prices bydijital.Conclusion of this thesis work; in businesses with electronicmoney will decrease financial risks or disappeared, will decrease keepwith hand cost of money, receivables will collect easily as individualsand businesses facilitate to make a payment at the right time, willtransmit more secure and more speedy electronic data. Electronicmoney promises to be very cost efficient in comparison to prevailingpaper-based payment systems in banks. In application is determinedthat as advantage of electronic money will cause to decrease inexpenses of banks, will cause to decrease in its incomes. Butdecreasing incomes of banks is fixed to effect negative profitablenessof banks. Because income items total of bank with electronic moneyshowed to be more surplus its expense items total.In developed countries and even in developing countries,electronic money concept is being investigated deeply while doingresearch is being done few in Turkey, this thesis work, it is tried toshow the electronic money concept and the possible effects on thefinancial management (cash management), businesses and banks ondoing application. It is believed that being the first research in thisfield through this study will be a reference for those who would like towork on this topic.Key Words: Financial Management, Cash Management,Electronic Money, Electronic Commerce, Electronic Payment Systems,Business, Bank.