Thursday, March 3, 2016

Fewer people use cash – Sveriges Radio

– Time to throw out the receipts, to say farewell to the credit card and put away your wallet, so it is said in an advertisement for a company that makes technology for cashless payments. It is said that it is just to show off your phone, then the payment is made. And this is the last step on the road to it, yes, almost completely cashless society Sweden.

The proportion of payments made with cash has decreased in many years, according to the Riksbank. A protracted cash the agony that seems to be over in about five years.

Already made just two percent of the value of all payments in cash. At its highest, it is half a percent in five years. The ATM will be fewer. Swisch-payments increase. And soon technology that makes it possible to pay without a PIN, just by holding the card against a reader, as many already do on the bus. Or maybe with just a fingerprint.

In some shops and industries, over 95 percent of the purchases card payments, and more and more traders go on to take only short.

But the National Pensioners’ Organization PRO, do not like development. Seniors, new arrivals, sports clubs that sell lottery tickets, and people who have difficulty managing cards, all they want to keep the cash, says Christina Tallberg, chairman of the Pensioners National Association PRO.

– It is the fast and furious. And that’s important to many older people to use cash. I mean, today it is the legal tender and then one can of course also be able to use it until Parliament decides otherwise, said Christina Tallberg.

But the Commercial Employees want off the cash, considering all robberies the stores.

– Sometimes it is so that you have to learn new things. It’s a little awkward for a transitional period, but I think it will be that simple so that pretty soon will see that this is much easier and better than having cash, says the work environment ombudsman Krister Colde.

Handling cash costs also money. Swedish Federation of Trade gets calls every week from traders who wonder if it is legal to not receive cash. And that’s it. Bengt Nilervall are pay expert at the Swedish Trade Federation and he points to the industry that he believes will ultimately remain in Sweden to receive notes and coins.

– FMCG think. We all need food, and that’s including newcomers, seniors and the small child who wants to buy some candy Saturday, says Bengt Nilervall.

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