Despite the impending recession, the Swedes are swishing more than ever. SEK 451 billion was swiped in 2022 – an increase of 14 percent compared to the previous year.
Figures from the company also show strong growth in e-commerce, which is believed to be connected to changing buying habits in worse economic times.
– It’s a bit tougher situation and then you want to use the money you have in the bank account and maybe not an invoice or partial payment, says Urban Höglund, CEO of Swish.
Watch the full interview in the player above.