Sweden going cashless?

According to a report from the Bank for International Settlements, Sweden is using less cash and relying more on electronic payments (credit cards, debit cards and bank transfers). Only 3% of its economy is tied to cash transactions, compared to 9% in the Eurozone and 7% in the United States.

Travelers to Sweden should be aware that more and more businesses are no longer accepting cash, and public buses require prepaid tickets.