Sweden
Cash Free: Churches, Business, Banks to Go CashlessSweden Cash Free: Churches, Business, Banks to Go Cashless
[Sweden Cash
Free: Churches, Business, Banks to Go Cashless] "Sweden is moving towards a cash
free society on all fronts- even church donations, according to reports.
Bills and coins now represent only 3 percent of Sweden's economy, compared to
about 9 percent in the rest of Europe and 7 percent in the U.S., according to
the Bank for International Settlements. Perhaps the most unexpected result of a
cash free Sweden is cashless churches.
"People came up to me several times, and said they didn't have cash but would
still like to donate money," Vicar Johan Tyrberg of the Carl Gustaf Church told
The Associated Press.
The solution? Tyrberg installed a card reader, so worshipers could give tithes
and offerings to the Karlshamn, southern Sweden church without having cash on
hand.
Although using a credit card for donations and other purchases is certainly
handy, there are other benefits to a cash-free Sweden. Bjoern Ulvaeus, formerly
of 1970s pop group ABBA and a cashless society advocate, thinks less cash could
make people more safe.
"If there were no cash, what would [thieves] do?" said Ulvaeus, whose son was
robbed three times for his money." Story:
Sweden Cash Free: Churches, Business, Banks to Go Cashless
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