Moving Away from Cash: Is the World Emulating Sweden?
Cash has not disappeared from everyday life, but the world’s largest information and financial companies are working on ways to replace it with wireless communication payments. Sweden is in the forefront with between 85 and 90 percent of ALL transactions being made electronically. The task is formidable and there is some strong opposition to a total change. VOA’s Bernard Shusman tells us, the task is formidable and there is some strong opposition to a total change