Have cash? You'll be abashed if you carry those in sweden. To buy a candy you need a card!!! Swedes hates cash!!
Edit: The idea of cashfree society was initiated just because of a robbery.
These sensational facts will make you love this country.
- Sweden is one of the country that leads the race to become a cashfree economy.
- Sweden has the lowest cash to gdp ratio.
- About 900 of total 1600 banks in Sweden no longer keep cash on hands or take cash deposits.
- According to Visa Swedes use Debit/Credit cards three times more than an average European.
- 97% of Swedes have access to cards.
- 85% of population have access to online banking.
- In shops only 20% of transactions are done in cash which is way below than the global average of 75%.
Imagine? For a candy you need a card. WOW
Source: The guardian
source2: quora
credit: Anish George