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  • Book
  • Open Access
  • © 2019

Building a Cashless Society

The Swedish Route to the Future of Cash Payments


  • Discusses the background, status-quo and future of cashless payments in Sweden

  • Provides recommendations of how other countries may move towards reducing cash-dependence

  • Offers latest data and research-based analysis on cashless transactions

Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)

Buying options

Softcover Book USD 24.99
Price excludes VAT (USA)

Table of contents (10 chapters)

  1. Front Matter

    Pages i-x
  2. Money: The Greatest Innovation in the History of Humanity

    • Niklas Arvidsson
    Pages 1-7Open Access
  3. History of Money: In the Eye of the Beholder

    • Niklas Arvidsson
    Pages 9-22Open Access
  4. Cash Payments: An International Comparison

    • Niklas Arvidsson
    Pages 23-25Open Access
  5. Cash in the Swedish Payment System Today

    • Niklas Arvidsson
    Pages 41-43Open Access
  6. Understanding the Process Toward a Cashless Society

    • Niklas Arvidsson
    Pages 45-53Open Access
  7. Stories from a Close to Cash-Free Society

    • Niklas Arvidsson
    Pages 55-73Open Access
  8. The Future of Cash in Sweden

    • Niklas Arvidsson
    Pages 75-84Open Access
  9. What Can Be Learnt from This Development?

    • Niklas Arvidsson
    Pages 85-91Open Access
  10. Summary and Conclusions

    • Niklas Arvidsson
    Pages 93-96Open Access

About this book

This open access book tells the story of how Sweden is becoming a virtually cashless society. Its goal is to improve readers’ understanding of what is driving this transition, and of the factors that are fostering and hampering it. In doing so, the book covers the role of central banks, political factors, needs for innovation, and the stakeholders involved in developing a cashless ecosystem. Adopting a historical standpoint, and drawing on a unique dataset, it presents an academic perspective on Sweden’s leading role in this global trend.

The global interest in the future of cash payments makes the Swedish case particularly interesting. As a country that is close to becoming a cashless economy, it offers a role model for many other countries to learn from - whether they want to stimulate or reduce the use of cash. This highly topical book will be of interest to politicians, researchers, businesses, financial service providers and payment service providers, as well as fintech start-ups, regulators and other authorities.  


  • Open Access
  • Cashless transactions
  • Paradigms of money
  • Financial innovation and mobile payments
  • Cashless payments and the economy
  • Swedish model of cashless payments
  • Online financial transactions
  • Cashless payment apps

Authors and Affiliations

  • Royal Institute of Technology, Stockholm, Sweden

    Niklas Arvidsson

About the author

Niklas Arvidsson is an associate professor at the department of industrial economics and management at the Royal Institute of Technology in Stockholm, Sweden. His areas of research include innovation and learning within organizations, with a special interest in innovations in the area of payments. 

Bibliographic Information

Buying options

Softcover Book USD 24.99
Price excludes VAT (USA)