A Look Inside The Lives of Ordinary Swedes, 55 Facts About Swedish Culture Guaranteed To Make You Go “Wow!”
No Paper Money
The Swedish way of life is ideally suited to cashless transactions. Banking technology has advanced rapidly in Sweden, and it could arguably be the only cashless society that has ever existed.
Most of the country’s bank branches no longer take cash deposits, and credit cards, debit cards, and mobile payment systems are the only ways to pay in most stores, museums, and restaurants. Contactless card readers are becoming increasingly common at checkout kiosks. For cash deposits and withdrawals, there are automated teller machines.
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