Financial and Monetary Systems

Sweden is on its way to becoming a cashless society

A customer withdraws money from a SwedBank cash machine in downtown Stockholm June 4, 2009. Fresh worries that Latvia, mired deep in recession, might have to devalue its currency have weighed on the stocks of some of Sweden's top banks over the past few days due to the billions of crowns worth of loans the banks have extended in the region. REUTERS/Bob Strong  (SWEDEN BUSINESS) - GM1E5641TAM01

Non-card payments in Swedish shops almost halved between 2010 and 2015 Image: REUTERS/Bob Strong

Alex Gray
Senior Writer, Formative Content
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