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- The Challenge Of Bible Christianity Today
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- Bob Creel The Death Of A Nation
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Must Read
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Audio
- Satan's Ambition
- Counterfeit Christianity
- Three Things We All Must Do
- Two Coming Rulers
- Why No Joy
- Message Of Encouragement
- Greatest Single Issue of our Generation
- salvation.
Video
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- Atheism's Best Kept Secret
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- Billy Graham Denies That Jesus Christ is the Only Way to the Father
- Emerging Church & Intersprituality Preview
- Israel, Islam and Armageddon 6 Parts
- Blasphemous Teachings of the 'emergent Church
- Megiddo 1 - the March to Armageddon
- It's Coming, the New World Order
- Creation Vs Evolution Part 1 of 4
- Creation Vs. Evolution Part 2 of 4
- Creation Vs. Evolution Part 3 of 4
- Creation Vs. Evolution Part 4 of 4
- Billy Graham Says Jesus Christ is not the Only Way
- Wide is the Gate
- A Debate: Mariology: Who is Mary According to Scripture?
- The Awful Reality of Hell
- Conception - How you are Born - Amazing
- Atheist's Best Kept Secret
- Why Kids are Becoming Obsessed With the Occult
- Searching the Truth Origins Preview 2
- Searching for Truth for Origens Preview 1
- Searching the Truth for Origins 3
- Emerging Church & the Road to Rome
- Another Jesus 1 of 7
- Another Jesus 3 of 7
- Another Jesus 4 of 7
- Another Jesus 5 of 7
- Gay Marriage is a Lie - to Destroy Marrriage
- Another Jesus 6 of 7
- Another Jesus 7 of 7
- Evolution Fact or Fiction - Part 1
- Evolution Fact or Fiction - Part 2
- Evolution Fact or Fiction - Part 3
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- Creation vs. Evolution
- A Lamp in the Dark: Untold History of the Bible - Full Documentary
- When the Trumpet of the Lord Shall Sound
Special Interest
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- Destruction of Damascus?
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- The Emerging Church
- The Growing Evangelical Apostasy
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- Child Sacrifice
- Outside the Camp
- The Church Walking With The World
- The Present Apostasy
- The World is to Blame
- How to Give Assurance of Salvation Without Conversion
- New Evagelicalism
- New Neutralism Ch. 1 - 3
- New Neutralism Ch 10-11
- New Neutralism Ch 12-13
- New Neutralism Ch 4 -6
- New Neutralism Ch 7 - 9
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- Cessationism
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- Isn't Halloween Just Harmless Fun?
- Rock Music and Insanity (Excerpts)
- Preview of the Coming of the One World Religion for Peace:
- Muslims Invoke the Name of Jesus?
- A Sin Problem Rather Than a Skin Problem
- Scientific Evidence for the Flood
- Another Step to Rebuilding the Temple - Holy of Holies Veil Being Recreated
- Darwin's Errors Pt. 1
- Eastern Mysticism
- George Muller's rules for discerning the will of God
- The Tract
- The Church and the World Deceived
- Ye Must Be Born Again
- The Call of Abraham
by Prophecy New Watch
October 14th, 2014
Four out of five purchases in Sweden are paid electronically or by debit card and with the development of cheaper technology the trend is moving towards a fully cash free society, according to a new report.
"Sweden and the rest of Scandinavia leads the world in terms of cashless trading," said Bengt Nilervall at the Swedish Federation of Trade (Svensk Handel).
Swedes use their debit and credit cards almost every day - an average of 260 transactions per person per year.
The picture is very different in southern Europe. In Italy, for example, three-quarters of all consumer purchases are still paid for in cash.
"That is due to the low confidence in the authorities and the banking system," said Niklas Arvidsson, an associate professor of industrial dynamics.
Arvidsson argued that Sweden could become completely cash free but predicts that this development is unlikely until at least 2030.
"The familiarity of cash in the hand could prevent this. A recent Sifo survey showed that 2/3 people consider (the availability of) cash to be a human right," he said.
Retailers, banks and card companies welcomed the trend with the proviso that customers are able to keep up with developments.
A cash free society would lead to increased security for both staff and customers and would cut cash-handling costs - estimated to be around 8.7 billion kronor ($1.2 billion), some 0.3% of GDP.
Armed robberies are furthermore in decline in line with the reduction of cash use. In 2012, a mere five bank robberies were committed, according to the Swedish Bankers' Association - the lowest figure in 30 years.
The spread of cards and electronic payments has had a profound effect even on the street level with fruit and veg traders and even retailers of the homeless magazine Situation Stockholm accepting card payments.
The spread of electronic payment systems such as Swish are a further addition to the plethora of alternatives for people to transfer small sums without having to resort to the ATM machine.
