CARE ADE: Sweden takes the radical step into digital pay!

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Find out how Sweden abolished cash and digital payment methods such as Swish shape everyday life - a revolution in payment transactions.

Erfahren Sie, wie Schweden Bargeld abgeschafft hat und digitale Zahlungsmethoden wie Swish den Alltag prägen – eine Revolution im Zahlungsverkehr.
Find out how Sweden abolished cash and digital payment methods such as Swish shape everyday life - a revolution in payment transactions.

CARE ADE: Sweden takes the radical step into digital pay!

in an impressive turn in the payment methods, Sweden joins the trend of cashless payment and almost abolished cash in everyday life. Only in so -called “cash bubbles” is paying with appearances and coins, but for most transactions the Swish app, a digital solution from Swedish banks, has become essential. You need them to pay everyday expenses such as parking fees and invoices. This radical decision, such as Berlin Live , has reported its dark side: technically inexperienced or that without access to smartphones, like many older people and shelves, on the route and fight with the exclusion of important social services.

At a similar point, Germany is at a similar point, where cashless paying with smartphones and smartwatches gains popularity. In a recent Forsa survey, 44 percent of those surveyed admitted to paying banking cards, followed by 30 percent. Already 23 percent use smartphones or smartwatches to pay in business, a significant increase compared to only six percent four years ago. This development is interpreted by Albrecht Kiel, the Central Europe boss of Visa, as an increasingly digitizing financial world. However, business is afraid of a fifth of consumers that do not allow cashless payments, according to the survey, which also shows that small shops and markets often do not offer corresponding payment options, such as Welt reported.

preferences when paying

When paying, consumers attach great importance to speed and a clear overview of their expenses. 67 percent of the respondents found it crucial that the process is quick, while 64 percent gave the best overview of their finances with bank cards or cash. Only nine percent stated that they have their expenses best by using a smartphone.

Berlin Live