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Access to basic payment services is poor

15/12/2022 -

Access to basic payment services is poor Basic payment services are services that allow you to withdraw cash, pay bills and deposit daily takings in cash in a bank account. The aim of the Riksdag is that everyone in society should have access to...

Payments & cash / Payments Report

The cash infrastructure is vulnerable

15/12/2022 -

The cash infrastructure is vulnerable Today, the underlying cash infrastructure is based on cooperation between the Riksbank, the banks and the cash-in-transit companies. In somewhat simplified terms, it works as follows. The Riksbank...

Payments & cash / Payments Report

Digital payments infrastructure works well

15/12/2022 -

Digital payments infrastructure works well RIX and the clearing organisation Bankgirot are central hubs in the Swedish payment system. Disruptions and interruptions in any of these systems therefore affect the entire payment system, which may...

Payments & cash / Payments Report

The use of cash differs from county to county

15/12/2022 -

The use of cash differs from county to county In this year’s survey, less than 5 per cent of the respondents in Södermanland, Blekinge and Västmanland stated that they paid in cash for their most recent purchase in store. In the counties of...

Payments & cash / Payments Report

Older people use cash to a lesser extent than before

15/12/2022 -

Older people use cash to a lesser extent than before Older people use cash more often than young people, but the difference between younger and older people declined during the pandemic. This is mainly due to the fact that fewer people in the...

Payments & cash / Payments Report

Digital payment methods in Sweden are efficient

15/12/2022 -

Digital payment methods in Sweden are efficient The social cost of digital payments in Swedish kronor is lower than for cash (see the Payments Report 2020 for an explanation of why). From an efficiency point of view, it is therefore positive...

Payments & cash / Payments Report

Safety and efficiency

15/12/2022 -

Safety and efficiency Payments in Sweden are generally safe and efficient. Digitalisation makes them faster and easier, and improvements in the Riksbank’s services increase safety and efficiency. But digitalisation also brings problems. For...

Payments & cash / Payments Report

Are payments in Sweden safe?

15/12/2022 -

Are payments in Sweden safe? Payments in Sweden are generally safe. There have been few disruptions to the critical payment infrastructure in 2022 and there is relatively little card fraud in Sweden. In addition, there are several different ways...

Payments & cash / Payments Report

One in ten sends money abroad

15/12/2022 -

One in ten sends money abroad In Sweden, one in ten sends money to a private person abroad every year. The most common payments are amounts of less than SEK 2,000 within Europe. The cost of sending money abroad varies depending on the payment...

Payments & cash / Payments Report

The new Sveriges Riksbank Act clarifies the Riksbank’s responsibilities

15/12/2022 -

The new Sveriges Riksbank Act clarifies the Riksbank’s responsibilities In November, the Riksdag adopted a new Sveriges Riksbank Act that will enter into force in January 2023. The new Act gives the Riksbank clearer and partly expanded...

Payments & cash / Payments Report