Sweden: how cash became more trouble than it’s worth
From theguardian.com
After eight years living in Sweden, coins and notes barely feel like money any more. Last month, my daughter lost a front tooth. She was thrilled to find that the tooth fairy came – but showed no interest whatsoever in the 10 kronor (80p) that was left behind. This is not surprising, as she has rarely, if ever, seen my Swedish wife or I use a coin to buy anything. We’re not alone. Last year, only about one in eight Swedes said they had used cash for a recent purchase. More and more cafes, restaurants and shops in my home city of Malmö are going cash free, and big retailers such as Ikea and Ahlens, Sweden’s equivalent ...
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