Sweden has nearly reached full digitalisation of money, as public transport, shops, and many services only take electronic payments these days.
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Most Swedes support this transition, saying the cashless economy is swift, clean, and convenient.
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According to the Bank of Sweden, the amount of cash in circulation today is half of what was available in 2007, which is partly because the government introduced a law enabling establishments to refuse cash payments.
By PA/TPN, in Europe, World, Economy · 28 Dec 2024 · 1 Comments
Sweden has nearly reached full digitalisation of money, as public transport, shops, and many services only take electronic payments these days.
Most Swedes support this transition, saying the cashless economy is swift, clean, and convenient.
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The Portuguese government should also pass a law enabling establishments to refuse cash payment, just like onboard airplanes. Establishments that only accept cash do it to not pay taxes to the State, but as always our government is sleeping.
By Diogo F. from Lisbon on 28 Dec 2024, 15:41