31/01/2019
🇸🇪 Sweden is close to becoming a cashless economy.
The outstanding value of cash in circulation has dropped to 1% of Swedish GDP. Within a few years, if the current trend in cash usage continues, Swedes could therefore find themselves in a situation where cash is no longer generally accepted as a means of payment.
Swedish legislation makes it possible for retailers, restaurants and other companies to refuse to accept cash, for instance by putting up a sign at the entrance or by the till. Together with banks that stop offering cash services, refusal of cash is an increasingly widespread phenomenon. Furthermore, Swedes on average are happy to adapt to new technologies.
https://www.weforum.org/agenda/2018/11/sweden-cashless-society-is-no-longer-a-utopia/
