Payments Report 2022

Trends on the payment market

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Trends on the payment market

Payments in stores are rarely made in cash

In recent years, it has become less common to pay with cash. Older people use cash more often than young people, but the difference between younger and older people has decreased. Although cash is used less, it can be important in a crisis situation.

Published: 15 December 2022

Figure 8. The use of cash has decreased over time

Percentage of people who paid cash for their last purchase in physical shops.

Figure: The use of cash has decreased over time

The figure shows that the share of people who paid by cash for their last purchase in a shop has decreased from 39 per cent to 8 per cent between 2010 and 2022.

Download the data from the diagram by clicking on the arrow to the right, above the diagram.

Source: The Riksbank.

Paying with cash in a physical shop has become less common. In this year’s survey, only 8 per cent responded that they paid in cash for their most recent purchase in store. This can be compared with 2010, when the corresponding figure was just under 40 per cent; see Figure 8.