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

Niklas Arvidsson, Jonas Hedman, Björn Segendorf

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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.
Original 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
Number of pages9
Place of PublicationHeidelberg
PublisherSpringer
Publication date2017
Pages105-113
ISBN (Print)9783319527635
ISBN (Electronic)9783319527642
DOIs
Publication statusPublished - 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). Springer. Lecture Notes in Business Information Processing, Vol.. 276 https://doi.org/10.1007/978-3-319-52764-2_8