empty
 
 
Swedes use bank cards more often than other Europeans
14-05-2021 16:21
Swedes use bank cards more often than other Europeans
Swedes use bank cards more often than other Europeans

While some people prefer using cash money, the Swedes have almost switched to bank cards. Citizens of Sweden use bank cards much more often than citizens of other European countries.

The survey unveiled that 76% of the population in Sweden prefer paying by means of bank cards. In Finland and Norway, the share of people who use cashless payment is 70% and 67% respectively.

At the same time, in Germany, most people still use cash despite the fact that during the pandemic the whole world switched to bank cards. Only 38% of the German population pay with cards. Almost half of polled citizens (49%) choose cash money to pay for goods. At the same time, in supermarkets, women (52%) more often pay with cash than men (45%). In Austria, the share of bank card opponents is almost the same as in Germany and totals 47%. In Sweden, the share of those who refuse to use bank cards is just 9%, whereas in Finland, it is 15%.  Mobile payments have become extremely popular in Australia, the Netherlands (17%), and the UK (14%). In Germany, only 9% of citizens choose this payment method. Notably, it is really popular among the people aged 26-35 that is 16% of all the population.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback