More and more Swedes are choosing digital means of payment in the form of bank cards and swish rather than cash. But at the same time, it has been found that more and more people have been negatively set to the fact that cash use has decreased.
“This may be an effect of increased crisis awareness as a result of the war in Ukraine. The function of cash as a backup solution when short and digital payment methods do not work is stated as an important reason why one would not manage without cash,” wrote The Riksbank In a report 2024 and then continued on:
“In addition, the need to be able to pay cash in certain situations, for example, to associations, in smaller stores and flea markets is highlighted. Some also lift that they are easier to keep track of their finances when using cash. Elderly people have a much greater more difficult thing to manage without cash than younger.”
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Photo: Fredrik Sandberg/TT
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Many stores still receive cash
A survey conducted by Demoskop on behalf of Swedish trade Last fall, showed that as many as 91 percent of retail stores still receive cash, although there was some difference depending on where in the country they looked.
But the possibility of using cash is, of course, also dependent on an asset in cash and in 2024 Bankomat AB, which is a leader in cash handling in Sweden and which is available in more than 600 locations, took several ATMs around the country.
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Photo: Fredrik Sandberg/TT
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Bankomat AB: “The total number will decrease”
And even in 2025, the number of vending machines, provided by Bankomat AB, will be fewer.
“ATM will reduce the total number of vending machines we have around the country over the next few years. The background is that more and more people are increasingly choosing to pay digitally instead of with cash. When the demand for cash decreases, we adapt our service based on it,” says Jenny DanielssonCommunications Manager at Bankomat AB, in an email to News24 that proceeds on:
“Overall, we expect to both put out and remove vending machines in the coming years, but the total number will decrease.”
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Photo: Martina Holmberg/TT35 ATMs are removed in 2025
More specifically, Bankomat AB, which has more than 1,200 vending machines in Sweden, will remove 35 machines and newly establish eight vending machines.
“Three of our new start -ups are already in operation in Landvetter, Zinc mine and Åmsele. Before the summer, we also establish in upper soppero,” writes Jenny Danielsson, who can give no details about which vending machines will disappear.
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