Sweden leads the race to become cashless society

Re:Sweden leads the race to become cashless society by dijit on Sunday August 14, 2016 @02:24PM (#12286665)

Ehhhhhh I think Britain is closer. Contactless payment methods are significantly more common in London. (In fact you'd be hard pressed to say a business which doesn't accept contactless /and/ Apple Pay)

I live in Sweden and there are places that won't take VISA- and banks only give out mastercards which cost the consumer monthly. Not to mention the fact that contactless and Apple Pay are nowhere to be found.

Maybe it's different in Stockholm but in Malmö you can definitely see a negative disparity when compared to Britain.

[ Parent | on HN ]

Re:Sweden leads the race to become cashless society by mrec on Sunday August 14, 2016 @02:59PM (#12286808)

There's a big difference between "accepts contactless" and "cashless", though. I live in London and still use cash exclusively for in-person transactions, and I've never had a problem.

I think London is just unusually accommodating when it comes to taking people's money. Quite a few of the big shops in Oxford Street accept paper Euros, which doesn't really fit the "going cashless" narrative.

[ Parent | on HN ]

Re:Sweden leads the race to become cashless society by K0nserv on Sunday August 14, 2016 @02:27PM (#12286676)

I moved from Stockholm to Edinburgh about a year ago and I definitely use cash a lot more here. Sure contactless is more widespread, but a lot of places don't accept cards or have a minimum spend amount for card transactions.

When I lived in Stockholm I believe I went 6 months without handling any cash, here I can barely last a day without it.

[ Parent | on HN ]

Re:Sweden leads the race to become cashless society by sandstrom on Sunday August 14, 2016 @03:02PM (#12286822)

Same, I cannot remember when I used cash the last time, but I think it's more than 9 months ago.

[ Parent | on HN ]

Re:Sweden leads the race to become cashless society by eropple on Sunday August 14, 2016 @02:51PM (#12286770)

I can't speak to Sweden, but I don't think that London is really representative of the rest of the UK. It might be a case where the average lags behind the leader?

[ Parent | on HN ]