Payments in Sweden 2020

2. Swedish payments are secure and efficient

Payments in Sweden 2020

2. Swedish payments are secure and efficient

Overall, payments in Sweden are secure, but the number of counterfeit banknotes has increased in 2020. Digitalisation has led to payments becoming more convenient and less costly, but this development is problematic for some groups in society. In addition, vulnerability increases when many people are dependent on the same card suppliers, particularly when few people have cash in their wallets. International payments can still be expensive and take time.

Published: 29 October 2020

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