Large payments take place via transfers
Published: 7 November 2019
The picture is different if we instead look at the value of payments. In Sweden, total payments at an estimated value of almost four times the country’s GDP were made in 2018. Credit transfers make up almost all this value. It is mainly a question of payments between companies or between authorities and companies. Card payments only amount to about five per cent of the total value, while cash payments are estimated to be around one per cent.