Sweden Becomes the World's First Officially Cashless Nation
Sweden is not officially a fully cashless nation; while digital payments dominate, authorities and new regulations are actively bringing cash back to protect fi
Sweden is not officially a fully cashless nation; while digital payments dominate, authorities and new regulations are actively bringing cash back to protect financial inclusion and crisis resilience. • Digital Dominance: Over the years, systems like the mobile transfer app Swish (launched in 2012) and contactless cards made Sweden one of the most cashless-leaning economies globally.