Cashless Society: When Will Merchants Stop Accepting Cash in Sweden. A Research Model

Niklas Arvidsson, Jonas Hedman, Björn Segendorf

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Over the past decades, we have witnessed changes into how individual’s pay. In particular, there has been a drop in the use of cash as payment instrument both in terms of value and frequency. Consequently, the amount of outstanding cash is shrinking. For instance, in Sweden the level of cash is around 1.5% of Gross Domestic Product. This might be a tipping point for when cash is of practical use. In the paper, we present a research model that explores when merchants will stop accepting cash.
Over the past decades, we have witnessed changes into how individual’s pay. In particular, there has been a drop in the use of cash as payment instrument both in terms of value and frequency. Consequently, the amount of outstanding cash is shrinking. For instance, in Sweden the level of cash is around 1.5% of Gross Domestic Product. This might be a tipping point for when cash is of practical use. In the paper, we present a research model that explores when merchants will stop accepting cash.
LanguageEnglish
Title of host publicationEnterprise Applications, Markets and Services in the Finance Industry : Revised Papers of the 8th International Workshop, FinanceCom 2016
EditorsStefan Feuerriegel, Dirk Neumann
Place of PublicationHeidelberg
PublisherSpringer
Date2017
Pages105-113
ISBN (Print)9783319527635
ISBN (Electronic)9783319527642
DOIs
StatePublished - 2017
EventFinanceCom 2016: 8th International Workshop - Frankfurt, Germany
Duration: 8 Dec 20168 Dec 2016
Conference number: 8
http://www.financecom2016.is.uni-freiburg.de/

Conference

ConferenceFinanceCom 2016
Number8
CountryGermany
CityFrankfurt
Period08/12/201608/12/2016
Internet address
SeriesLecture Notes in Business Information Processing
Volume276
ISSN1865-1348

Keywords

  • Cashless society
  • Merchants
  • Cash adoption

Cite this

Arvidsson, N., Hedman, J., & Segendorf, B. (2017). Cashless Society: When Will Merchants Stop Accepting Cash in Sweden. A Research Model. In S. Feuerriegel, & D. Neumann (Eds.), Enterprise Applications, Markets and Services in the Finance Industry: Revised Papers of the 8th International Workshop, FinanceCom 2016 (pp. 105-113). Heidelberg: Springer. Lecture Notes in Business Information Processing, Vol.. 276, DOI: 10.1007/978-3-319-52764-2_8
Arvidsson, Niklas ; Hedman, Jonas ; Segendorf, Björn. / Cashless Society : When Will Merchants Stop Accepting Cash in Sweden. A Research Model. Enterprise Applications, Markets and Services in the Finance Industry: Revised Papers of the 8th International Workshop, FinanceCom 2016. editor / Stefan Feuerriegel ; Dirk Neumann. Heidelberg : Springer, 2017. pp. 105-113 (Lecture Notes in Business Information Processing, ???volume??? 276).
@inproceedings{a05d1a95d4cc4d8fa5a0332a8ecd530c,
title = "Cashless Society: When Will Merchants Stop Accepting Cash in Sweden. A Research Model",
abstract = "Over the past decades, we have witnessed changes into how individual’s pay. In particular, there has been a drop in the use of cash as payment instrument both in terms of value and frequency. Consequently, the amount of outstanding cash is shrinking. For instance, in Sweden the level of cash is around 1.5{\%} of Gross Domestic Product. This might be a tipping point for when cash is of practical use. In the paper, we present a research model that explores when merchants will stop accepting cash.",
keywords = "Cashless society, Merchants, Cash adoption, Cashless society, Merchants, Cash adoption",
author = "Niklas Arvidsson and Jonas Hedman and Bj{\"o}rn Segendorf",
year = "2017",
doi = "10.1007/978-3-319-52764-2_8",
language = "English",
isbn = "9783319527635",
pages = "105--113",
editor = "Stefan Feuerriegel and Dirk Neumann",
booktitle = "Enterprise Applications, Markets and Services in the Finance Industry",
publisher = "Springer",
address = "Germany",

}

Arvidsson, N, Hedman, J & Segendorf, B 2017, Cashless Society: When Will Merchants Stop Accepting Cash in Sweden. A Research Model. in S Feuerriegel & D Neumann (eds), Enterprise Applications, Markets and Services in the Finance Industry: Revised Papers of the 8th International Workshop, FinanceCom 2016. Springer, Heidelberg, Lecture Notes in Business Information Processing, vol. 276, pp. 105-113, Frankfurt, Germany, 08/12/2016. DOI: 10.1007/978-3-319-52764-2_8

Cashless Society : When Will Merchants Stop Accepting Cash in Sweden. A Research Model. / Arvidsson, Niklas; Hedman, Jonas; Segendorf, Björn.

Enterprise Applications, Markets and Services in the Finance Industry: Revised Papers of the 8th International Workshop, FinanceCom 2016. ed. / Stefan Feuerriegel; Dirk Neumann. Heidelberg : Springer, 2017. p. 105-113.

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

TY - GEN

T1 - Cashless Society

T2 - When Will Merchants Stop Accepting Cash in Sweden. A Research Model

AU - Arvidsson,Niklas

AU - Hedman,Jonas

AU - Segendorf,Björn

PY - 2017

Y1 - 2017

N2 - Over the past decades, we have witnessed changes into how individual’s pay. In particular, there has been a drop in the use of cash as payment instrument both in terms of value and frequency. Consequently, the amount of outstanding cash is shrinking. For instance, in Sweden the level of cash is around 1.5% of Gross Domestic Product. This might be a tipping point for when cash is of practical use. In the paper, we present a research model that explores when merchants will stop accepting cash.

AB - Over the past decades, we have witnessed changes into how individual’s pay. In particular, there has been a drop in the use of cash as payment instrument both in terms of value and frequency. Consequently, the amount of outstanding cash is shrinking. For instance, in Sweden the level of cash is around 1.5% of Gross Domestic Product. This might be a tipping point for when cash is of practical use. In the paper, we present a research model that explores when merchants will stop accepting cash.

KW - Cashless society

KW - Merchants

KW - Cash adoption

KW - Cashless society

KW - Merchants

KW - Cash adoption

U2 - 10.1007/978-3-319-52764-2_8

DO - 10.1007/978-3-319-52764-2_8

M3 - Article in proceedings

SN - 9783319527635

SP - 105

EP - 113

BT - Enterprise Applications, Markets and Services in the Finance Industry

PB - Springer

CY - Heidelberg

ER -

Arvidsson N, Hedman J, Segendorf B. Cashless Society: When Will Merchants Stop Accepting Cash in Sweden. A Research Model. In Feuerriegel S, Neumann D, editors, Enterprise Applications, Markets and Services in the Finance Industry: Revised Papers of the 8th International Workshop, FinanceCom 2016. Heidelberg: Springer. 2017. p. 105-113. (Lecture Notes in Business Information Processing, Vol. 276). Available from, DOI: 10.1007/978-3-319-52764-2_8