Payments in Sweden 2020

1. The payment market is being digitalised

1. The payment market is being digitalised

Many people make payments by mobile, for example with Swish

Electronic commerce and mobile payments, such as Swish, are becoming increasingly common. Other payment applications such as Apple Pay and Google Pay are also becoming more popular. About five per cent of young people in Sweden own some form of cryptocurrency, such as Bitcoin.

Published: 29 October 2020

The majority of younger people have access to Swish

Percentage of people in age group 18-24 years with access to Bitcoin or other cryptocurrency, Swish and other payment applications (not Swish).

Figure: The majority of younger people have access to Swish

Download the data from the diagram by clicking on the arrow to the right, above the diagram. Source: The Riksbank