A cashless society?

The elimination of cash from all transactions is an idea that could become a reality in Ireland in the not-too-distant future

29th January, 2017

Sweden could soon be a totally cashless society. Cash payments made up only 2 per cent of payments in the country in 2015 and the Swedish central bank is now considering introducing a digital, virtual currency, the eKrona.

In the capital Stockholm, a request to pay for something in cash is looked down upon almost as much as lighting up a cigarette indoors. The metro doesn’t accept cash, retailers have the right to refuse it, and even...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 10 months ago

The Daily Briefing

The Daily Briefing