With policies ratified and structural reforms underway, next comes armed enforcement!

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Finance & Development: Cash Is Dead

Successful digitization of retail payments depends on economies of scale and network effects. In the case of technology-friendly Sweden, consumers and merchants alike have been happy to desert cash. The trend has been reinforced by a long tradition of cooperation among Sweden’s biggest banks, which jointly run the country’s payments infrastructure. So a new service enabling real-time payments was immediately able to reach most of the population.
-Read: Cash Is Dead, Long Live Cash -at IMF.ORG

See a Trend and the Script:

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