This is when a girl came out of the bakery, saying "This is crazy, they do not accept cash ! A la Sainte Lucie, le jour croît d’un saut de puce», I left him my wallet, handing him a ticket I told myself we were really formatted ! The French pay in euros sounding and stumbling. After realizing what I was doing, so I was buying bread and kanelbulle with my credit card !
Since I live in Sweden, I developed an almost symbiotic relationship with my bank card. I think the only people who pay cash are those who can not or do not want to have a bank account in Sweden.
Why was using I species in France ? The bakery, the parking meter, all payments between 1 and 10 € (this was before the contactless card).
In Sweden, impossible to buy his ticket on the bus, card you pay for access to the bathroom of the library and traders have the right to refuse your currency.
Roughly speaking, I use more my card code as that of my building gateway !
It is verified in the statistics given by the Riksbank : 68 % payments are made by credit card.
Everything would have started in the 60, when cost reduction banks have encouraged employers and employees to use transfers instead of checks for issues. Then in 1990, check processing become paying increased the use of bank cards. We advance in this direction in France, it is not far ...
But that's when I went to a flea market and the seller shook his head when he saw that I handed him a note that I understood that anyway ... We're not there yet. It would have required that I pay with the app "Swish", was I explained.
"Swish" is an application, created by a group of Swedish banks. It allows to transfer money free of charge and immediately from one account to another on your phone. It is used by 52 % Swedish. Swish has also become a verb "swish me your hand, do me a swish ". We "swish" willingly with colleagues or friends, for a starting pot or split the bill at the restaurant. To use the application, it takes a Bank ID, a kind of identification number given by the bank (So again, people who do not have Swedish account are excluded).
Several such systems are to replace the cash, iZettle as e.g., stockholmoise a startup that sells a credit card payment terminal connecting to the smartphone.
The majority of the Swedish population trusted the online payments or credit card.
She sees a way to reduce the risk of counterfeits and theft in stores or attacks by armored vehicles, to also reduce bacteria allergies or transportation caused by currency manipulation. There are also ecological and financial reasons (transporting physical silver is expensive and pollutes). In Sweden, it is not susceptible to internet fraud.
Love Sweden for technology undoubtedly contributed largely to arrive at such a situation, although a minority group protests against the decline of the use of cash. Even in Sweden, it's not that obvious for more 75 years. And then, I have not found information, but I guess there are areas, like in France, where the network does not pass.
For tourists, it is not obvious when you do not visit a big city, because the number of ATM decreases over the years and many banks continue to take charge on transactions made abroad. So before coming to Sweden, if you have no one on site, prepare yourselves !
Sweden uses fewer species yet, since 2008, the Risksbank decided to replace the Swedish Krona. In June, it replaced a series of 3 Tickets for security reasons. In June 2017, it will be the pieces (lighter and an alloy which would favor less allergies) and tickets 100 and 500 crowns tower.
This post has already been published here
About the Swedish money