Historic moment: Sweden plans to give avay cash

Historic moment: Sweden plans to give avay cash

Historic moment: Sweden plans to give avay cash
www.spicytechnonews.com/news/historic-moment--sweden-plans-to-give-avay-cash spicytechnonews.com

Sweden plans to become the first country in the world to give up the cash, and only switch to an electronic payment method.

How to write the foreign media and the analysis shows that as many as 4 out of 5 Swedish accountable for goods and services electronically or card.

The trend is evident in other European countries - people are often paid cards, which, experts said, in the next decade, paper money can disappear in general.

True, not all countries are willing to move forward. Italy and the accumulation of cash settlement and is still very popular, as many as three-quarters of the country's citizens say it is paying in cash.

Moreover, the positive properties of the withdrawal of cash and sees law enforcement officials. According to them, over the past few years, banks robberies and similar crimes dropped significantly. Last year, the number of such crimes was the lowest in the history of Sweden.

However, experts say that fast cash refusal would be quite a difficult process, but the closest the unprecedented event is seen only in the perspective of 2030.