Summary and Conclusions

Niklas Arvidsson
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Niklas Arvidsson: Royal Institute of Technology

Chapter Chapter 10 in Building a Cashless Society, 2019, pp 93-96 from Springer

Abstract: Abstract The development in Sweden has a long tradition from the middle of the twentieth century where actions and cooperation between critical actors have promoted electronic payment services. This has created a banking and payment system where the backbone is made of electronic bank accounts into which wages and salaries are paid which then serves as the base for all kinds of payments. The payment system is constituted on these accounts and payment services—cash, cards, invoices, Internet banking, mobile payments, and others—must connect to them. The inner “DNA” of the system is electronic.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-030-10689-8_10

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DOI: 10.1007/978-3-030-10689-8_10

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