Sweden cashing out of cash

In an article in the Chronicle Herald Sweden is presented as in the lead away from cash. Positive is that robberies has been going down 10-fold in 10 years and that “it’s believed” that the black market who loves cash is decreasing and that more money is open for taxation.

Negative is that the use of cards has increased the card fraud 10-fold in 10 years. Also negative is that elder people have problem when cash is cashing out though they don’t use electronic payment options as much as younger generations.

Article also  discuss that other anonymous payment methods need to be introduced instead of cash..and here mobile payments will be an option.

Read the article here.

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