Sweden's cashless society is no longer a utopia

Re:Sweden's cashless society is no longer a utopia by zmk_ on Saturday November 10, 2018 @10:25PM (#18424854)

They would have to pay commission on every transaction to whoever owns the terminal and the network.

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Re:Sweden's cashless society is no longer a utopia by megapatch on Sunday November 11, 2018 @02:56AM (#18425420)

Actually they pay about the same commission for cash (yes!) when they take it to the bank.

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Re:Sweden's cashless society is no longer a utopia by aembleton on Sunday November 11, 2018 @02:48AM (#18425414)

You have to pay someone to take away the cash and its often slower than tapping your card on a reader.

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Re:Sweden's cashless society is no longer a utopia by zmk_ on Sunday November 11, 2018 @12:32PM (#18427463)

I have not said that it is not worth it. But it really depends on the business and the arrangement. Some banks charge you a fixed minimum rate making small purchases relatively more expensive for the seller.

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Re:Sweden's cashless society is no longer a utopia by msh on Sunday November 11, 2018 @03:38AM (#18425494)

But receiving cash also carries a lot of cost

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