Payments in Sweden 2020

Many people make payments by mobile, for example with Swish

Changed Swish habits during the pandemic

Published: 29 October 2020

During the pandemic, older people have started to use Swish more

Change in number of Swish payments between private individuals compared with the same month of the previous year, by age, per cent.

Figure: During the pandemic, older people have started to use Swish more

Click on the explanation below the diagram to hide or show a series and use the slider to change time interval. Download the data from the diagram by clicking on the arrow to the right, above the diagram. Source: Swish (Getswish AB)

...but older people still make fewer Swish payments than other age groups

Number of Swish payments between private individuals, by age.

Figure: ...but older people still make fewer Swish payments than other age groups

Click on the explanation below the diagram to hide or show a series and use the slider to change time interval. Download the data from the diagram by clicking on the arrow to the right, above the diagram. Source: Swish (Getswish AB)

Elderly people have started to use Swish more during the pandemic. People over the age of 65 use Swish the least compared with other age groups, in relation to the total number of Swish payments, both as regards Swish payments from private persons to companies and transfers between private individuals. However, in April, people over the age of 65 made 70 per cent more Swish payments to other private persons than in the same month of the previous year. A likely explanation for this is that elderly people have largely stayed at home during the pandemic and have instead used Swish to pay family members and friends who have made purchases for them. After this, the rate of increase for people over the age of 65 slowed down but it remains higher than before the pandemic and higher than in other age groups. Other age groups did not increase their payments and transfers via Swish as much (in some cases, they fell compared with the same month of the previous year).