Sweden going back to cash?

In this mornings news paper (Daily News, Sweden) there is an article about restaurants in Stockholm and how tired they are using the new slow card payment system using the EMV chip cards and the wireless POS terminals. Customers at the popular place Kvarnen have to wait up to 30 minutes to get served. The restaurant has installed an ATM for cash withdrawal and tell customers to pay with cash to get faster service.

Think we are going in the wrong direction here :-). My experience is that a mobile payment transaction (using a certain solution) is much faster than doing a transaction using the EMW chip card, and this without tappin’ the security.


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