Sweden is going cashless
CBS Sunday Morning CBS Sunday Morning
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 Published On Jul 28, 2019

The Swedish band ABBA has been singing about "Money, Money, Money" for years. But if you try to buy a ticket to the pop group's museum exhibition in Stockholm with cash, you're out of luck; it's one of the increasing number of establishments that has stopped accepting cash. Mark Phillips looks at how Sweden is becoming a cashless society, where transactions are all done with smartphones and devices, and where last year only 13% of Swedes could remember using coins or bills for a recent purchase.

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