‘Cashless’ in Iceland

By Warren R. Moe
This item appears on page 47 of the May 2018 issue.

I read that Iceland had virtually become a cashless society, with even small transactions handled via credit or debit cards. For my one-week trip in June 2017, I decided to experiment and see if I truly could operate without any local currency.

I did all of the normal things — dining out, museum admissions, city bus tickets, coffee, drinks, etc. I charged it all, no matter how small the expense. (I used a card with which no foreign-transaction fees are charged.)

At the end of the week, I had not used a single Icelandic bill or coin.


Danbury, WI