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In both Sweden and Norway, the migration to almost total “cashlessness” is being led from the bottom up. Bills and coins now represent just 2 percent of Sweden’s economy, compared with 10 percent in the euro-zone, and only about 20 percent of all consumer payments in Sweden have been made in cash

From The Fate of Big Bills- a Catalyst for Digital Payments? | Ariadne Plaitakis | LinkedIn

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