Payments in Sweden 2020

International payments need to be improved

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Card payments function smoothly

Published: 29 October 2020

Overall, card-based cross-currency payments function smoothly, both for online purchases and when abroad. However, unlike when making payments in Swedish kronor, an exchange rate markup must be paid to the bank. In addition, card payments cannot be used for payments between private persons and neither can they be used for some bills and payments such as government charges, taxes, rent, pupil allowances and the like.