Endangered species?Photo: Christine Olsson/Scanpix

Transition to digital cash too quick

A major Swedish employers’ association says the banks are phasing out cash transactions far too quickly. Svensk Handel says this is an especially serious problem in smaller communities.

The organization writes that many customers still want to pay with paper currency and coins, and that it is the responsibility of the banks to provide their customers with the different means of payment that are necessary.

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