Stockholm, March 18, 2026 (AFP) - Cash-free Sweden backpedals on banknotes

NAMPA / AFP

2026-03-18

Years after leading the revolution toward a cash-free society, Sweden is now backpedaling and urging inhabitants to keep banknotes on hand in case of emergency and requiring grocery stores and pharmacies to accept cash. Many Swedes haven't touched banknotes in years, with very few restaurants, shops or services accepting cash and almost everything paid for by card or various online services. Even most bank branches no longer handle cash deposits......

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