Red Ice News

The Future is the Past

Sweden aims to be cashless society
New to Red Ice? Start Here!

Sweden aims to be cashless society

Source: aje.me
With just three per cent of all financial transactions involving cash, country moves to eliminate physical legal tender.



Swedes are among the technologically savvy people on the planet, based on their high rates of use of mobile phones and internet banking.

In fact, only three per cent of all financial transactions in the country are made using cash these days. Even public transport tickets can now be pre-paid using mobile phone technology, and most people use similar services to pay for everything from groceries to major purchases.

Al Jazeera’s Linda Nyberg reports from Stockholm, the Swedish capital.

Article from: aljazeera.com

Comments

We're Hiring

We are looking for a professional video editor, animator and graphics expert that can join us full time to work on our video productions.

Apply

Help Out

Sign up for a membership to support Red Ice. If you want to help advance our efforts further, please:

Donate

Tips

Send us a news tip or a
Guest suggestion

Send Tip

Related News

Government Report: Islamists Building ‘Parallel Society’ in Sweden Aided By PC Culture of Silence
Government Report: Islamists Building ‘Parallel Society’ in Sweden Aided By PC Culture of Silence
#SwedenAttack: The Truth About Sweden
#SwedenAttack: The Truth About Sweden

Archives Pick

Red Ice T-Shirts

Red Ice Radio

3Fourteen

How Right Wing Is Japan Today?
Yoko Mada - How Right Wing Is Japan Today?
European Cooking & Philosophy
Elisabeth - European Cooking & Philosophy

TV

A Look Inside the Walhalla Memorial - From the Road
A Look Inside the Walhalla Memorial - From the Road
The Great American Solar Eclipse
The Great American Solar Eclipse

RSSYoutubeGoogle+iTunesSoundCloudStitcherTuneIn

Design by Henrik Palmgren © Red Ice Privacy Policy