“Swedes are amongst the technologically savvy people on the planet, based on their high rates of use of mobile phones and internet banking. In fact, only three per cent of all financial transactions in the country are made using cash these days. Even public transport tickets can now be pre-paid using mobile phone technology, and most people use similar services to pay for everything from groceries to major purchases. Al Jazeera’s Linda Nyberg reports from Stockholm.”
Related posts:
Federal Reserve likely to end QE stimulus program in October
Australia Bans Cash For All Purchases Over $7,500
US, S. Korea to stage massive air exercise in show of force against N. Korea
43 Worst Civil Liberties Nightmares That Came True In 2017
'Mr. Yen' cautions on Japan's 'unsafe' debt trajectory
Making a Crypto Utopia in Puerto Rico
'Copblock' wiretap case goes to court in Manchester
It's back with a vengeance: Private debt
Kansas City Police, Ridiculous Pro-SWAT Propaganda Video [2012]
Liechtenstein for hire at $70,000 a night [2011]
Russia diverts pension savings to plug budget hole for second year
FBI failed to tell hundreds that they were on an ISIS kill list
Southwestern Pa. hospital to stop baby deliveries due to Obamacare
Americans pile into silver, gold coins
Asian economies turn to yuan