Perhaps the first thing that comes to mind when talking about the state most used to modern technologies, including electronic payments, is the United States of America. But in fact, with the beginning of 2016, the Sweden occupies the first rank globally in financial transactions that don’t use banknotes at a rate of 461,5 financial transaction electronic per capita per year, compared to $ 459,6 individuals in the United States.
Reflected that the revolution of electronic money in Sweden on the nature of the economy fully in all parts of the state. Indicates a statistic that is dated September 2018, followed the Swedish central bank, about the behavior of the deliveries in Sweden, financial transactions constitute only 13% of the total sales in the stores in Sweden. In 2017, the total value of the contract paper in circulation in Sweden is 112 billion SEK, and today Pat paper money circulating in the state a whole does not exceed 50 million SEK, and by 2023 is expected financial experts to turn Sweden entirely to financial transactions are digital and become the first country in the world to give up entirely on the banknotes.
Due check the last Digital in Sweden to a number of factors that enabled individuals to control pension to electronic means of payment and customized on the banknotes. Sweden has strong infrastructure of telecommunication and the internet, and has the second fastest internet service in the world, how the spread of the internet by percentage of 94%, which puts it in fourth place globally in terms of more states in the spread of the use of the internet among the population. Sweden IT system of a bank ahead of calling the credit card transaction efficiently, in addition to a local bank to manage payments through mobile phones.
In 2012, with the support of the central bank in Sweden, in partnership between the 6 banks Swedish major, has launched the service of electronic payments through mobile phones, “Swish – Swish”. Able to service every individual possesses a bank account in one of those bank identification number local of sending the total amount of money instantly through an application on his mobile phone. Reported number of users of the app are currently 6,5 million users, representing more than 60% of the total number of citizens of the state.