The dangers of a cashless society : the case of Sweden

In Sweden, the move towards a cashless society has been so rapid there are concerns it has resulted in financial exclusion, with buses no longer accepting cash and some other providers of basic and essential services, such as chemists, now frequently declining to accept coins.

More than half of the country's banks have stopped allowing customers to withdraw cash or pay in notes and coins over the counter, while shops and other merchants are permitted by law to refuse cash payments. It has led to unhappiness among hundreds of thousands of pensioners. A backlash got fully under way when both Ikea and the country's hospitals announced they were no longer accepting cash.

Read more

The dangers of a cashless society : the case of Sweden

Cashless society: lessons from Sweden - 10/16/2019

India: here is what happens when a society goes temporarily cashless - 10/11/2019

Going digital-only is not a win-win solution - 10/08/2019

Malaysia: Customers are paying the price for cashless transactions - 09/27/2019

Asia’s cashless society will only benefit governments - 09/26/2019

What is the true cost of going cashless ? - 09/24/2019

In the move towards cashless, UK consumers are worried about going cardless - 09/18/2019

In high-tech Japan, cash remains king - 08/22/2019

Canada : Move towards cashless economy could shutout lower income shoppers - 07/22/2019

Hong Kong protests show the dangers of a Cashless Society - 07/15/2019

Sweden's 'cashless society' affects international residents - 06/24/2019

Sweden proves that the success of cashless payments carries risks - 06/03/2019

Backlash against cashless stores continue to grow in the U.S. - 05/21/2019

What will happen to the poorest in a cashless society? - 01/28/2019

In Sweden people are getting concerned about the shift towards a cashless society - 11/22/2018

In Great Britain, 95% of the population is still carrying cash. - 10/01/2018

Will you prosper in cashless Britain? - 09/29/2018

Despite claims of a cashless revolution, in the UK the average purse contains £26 - 09/29/2018

The growing digital divide in the Chinese economy - 09/27/2018

In theory cashless societies appear to be great, but fail in reality: a China case study - 09/26/2018

China in no position to afford a cashless society - 09/11/2018

Why we should not celebrate the idea of a cashless society - 08/24/2018

The poorest will suffer the most if the idea of a cashless society goes wrong - 08/22/2018

The reasons why consumers must resist the push for cashless societies - 08/10/2018

Cyber-theft is a real threat - 08/04/2018

What Really Lies Behind Sweden's Cashless Crusade - 07/10/2018

In Germany, the cashless economy raises concerns about trust and privacy - 06/04/2018

Cashless society: from Sweden to India, some might get left behind - 06/04/2018

Sweden: citizen rebelling against a cashless economy - 06/04/2018

Sweden's move towards a cashless economy has gone too far - 06/04/2018

The cashless society from an ethical point of view