Imagine strolling through Stockholm and realizing you haven’t touched a coin all week—most locals haven’t either. In this video, we break down fresh Riksbank data showing cash use plunged from 40% in 2010 to just 10% of in-store purchases in 2023, cementing Sweden as the world’s most digital payments market. Discover how card taps and the Swish app reign supreme, why some retailers have ditched cash tills, and how the Riksbank’s e-krona pilot is testing offline functionality to keep payments alive if the grid goes dark. Yet, the Swedish government still urges households to keep a small cash stash for emergencies, citing cyber risks and national security. We’ll unravel the paradox of a pioneering cashless society that’s also safeguarding its last kroner—and learn what lessons the world can take from Sweden’s bold experiment. Watch now to stay ahead of the cashless curve!
This is not financial advice.
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