Cashless societies offer many advantages. In addition to the convenience that not having to carry money, coins, or banknotes around entails, these societies are more secure, help reduce bank robberies and help fight drug, counterfeiting, and weapons black markets.

As such, there are many reasons to go cashless. Sweden is the first society to take the plunge. The country is set to become the world's first cashless society by March 2023. What would that look like and how is the country preparing for this transition?

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