Skip to main content

Black Listed News
Trending Articles:
Trending Articles:

Sweden predicted to be a cashless society by 2030

Published: August 9, 2017
Share | Print This


Source: The Local

Two thirds of traders in Sweden believe they will stop accepting cash by 2030, according to a report by Stockholm’s Royal Institute of Technology (KTH).

Niklas Arvidsson, one of the researchers at KTH behind the study, believes the prediction is possible.

"It's going very fast just now. For the banks handling cash is just a cost, so cash will only be available as long as people and stores request it," Arvidsson told newspaper Svenska Dagbladet (SvD).

According to the Swedish Trade Federation, 80 percent of all transactions in the retail trade in Sweden today are already made with cards.

As long as a store has clear information stating they do not accept cash they may so no to a customer who wants to pay with that method. State-owned institutions however must accept cash, SVD explains.

Read More...

Share This Article...



Image result for patreon

Emigrate While You Still Can!

Loading...


Image result for patreon


PLEASE DISABLE AD BLOCKER TO VIEW DISQUS COMMENTS

Ad Blocking software disables some of the functionality of our website, including our comments section for some browsers.





Login with patreon to gain access to perks!

SIGN UP TO GET BLACKLISTED NEWS DELIVERED RIGHT TO YOUR INBOX

Enter your email address:




More Blacklisted News...

Blacklisted Radio
Blacklisted Nation
On Patreon
On Gab
On Twitter
On Reddit
On Facebook
Blacklisted Radio:
Republic Broadcasting
Podcasts on Youtube
Podcasts on Demand
On Iheart Radio
On Spreaker
On Stitcher
On iTunes
On Tunein

Our IP Address:
198.245.55.242

Sponsors:
Garden office

good
longboard
brands


Advertise Here...






BlackListed News 2006-2019
Privacy Policy
Terms of Service