The Riksbank’s responsibility for payments

The Riksbank’s objective is for payments in Sweden to be safe, efficient and accessible. Payments sh

The Riksbank’s mandate in the area of payments The following objectives guide the Riksbank’s work on payments The Riksbank’s role in the payments market

Summary and recommendations

Geopolitical tensions have affected the payments market. Both public and private actors are working

Everyone must be able to pay The payments market needs to become even safer and more resilient More new options needed in the payments market

Developments in the payments market

The pace of change on the payments market is rapid and new ways of paying are constantly emerging. T

Payment habits in Sweden Small businesses’ views on payments Modernising the payments market New services in the payments market New forms of money are being developed Geopolitical uncertainty is leading to regionalisation

How safe, efficient and accessible are payments?

Payments in Sweden are generally safe, efficient and accessible. Digitalisation has made them more c

Collaboration makes the payment system resilient The payments infrastructure works well Instant payments are efficient but the supply is limited and they come with risks that need to be managed Payments between Nordic countries are not sufficiently efficient Continued challenges for cash More people should have access to a payment account Important to be able to pay with simple payment methods at reasonable prices Difficult to help others with payments The payments market is generally safe but fraud and money laundering are problems

The Riksbank’s policy recommendations

The Riksbank takes a socio-economic perspective, provides solutions and acts where it is difficult t

The Riksbank’s recommendations There must be payment methods for everyone Access to cash services needs to be improved A limit of SEK 10,000 should be introduced for cash purchases in the retail sector Households should have multiple payment methods so that they can pay in the event of disruptions, for example SEK 1,000 in cash per adult The possibility to pay offline should be extended Payment service providers should offer more services for instant payments Payments between countries need to be cheaper and faster Recommendation for Riksdag and Government to set up an inquiry on an e-krona

Article – Money in transition – traditional and new forms

In recent years, new forms of money have started to emerge alongside the traditional ones. In this A

E-money is another form of regulated private money Central bank reserves play an important role in the payment system Retail CBDC – a whole new kind of money Stablecoins – a type of crypto-asset that has become regulated private money Tokenisation of money and assets

Annex: Numerical data

Annex: Numerical data Payments r