• Korukonda Vamsi Krishna
• Venkateswararao podile
• Guthula Sai Kumar
• Marri Harshavardhan
• Pathan Riyazuddin Baba Khan

The swift rise of e-money is transforming financial systems around the globe. Traditional banking, which used to be the go-to method for transactions in the financial world, is now making way for digital alternatives like mobile wallets, fintech platforms, and online payment systems. This research paper delves into how e-money is reshaping traditional banking, focusing on operational strategies, revenue models, consumer engagement, and technology integration. It looks at the opportunities and challenges banks encounter as they strive to stay relevant in an increasingly cashless society. The study draws on secondary data, academic research, and industry reports to highlight trends, identify gaps, and outline the future trajectory of banks in this digital era.

E-money, Traditional Banking, Fintech, Digital Payments, Financial Inclusion, Banking Transformation, Mobile Wallets, Cashless Economy.

" The impact of e-money on traditional banking systems", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 10, page no.e11-e13, October-2025, Available :http://www.jetir.org/papers/JETIR2510403.pdf

" The impact of e-money on traditional banking systems", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 10, page no. ppe11-e13, October-2025, Available at : http://www.jetir.org/papers/JETIR2510403.pdf