Cashless Sweden & “swishing” money

Cash is forecasted to end 24/3/2023 in Sweden …. yes, exact date. This is driven by the consumers rather than by retailers. It is already ‘difficult’ to pay with cash…

The successful payment system in Sweden is Swish … which is driven and supported by the banks, “bankgirot”, mobile operators, app boutiques & technology integrators. It is used by 6m Swedes (population is 10m), 68% “swisher” every month, 81% think that it is simple to use … and 98% are aware of Swish. Impressive – “swish” when you are in Sweden (you don’t need to be a basketball player!)