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

Niklas Arvidsson; Jonas Hedman; Björn Segendorf

doi:10.1007/978-3-319-52764-2_8

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

Niklas Arvidsson, Jonas Hedman, Björn Segendorf

Department of Digitalization

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

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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 language	English
Title of host publication	Enterprise Applications, Markets and Services in the Finance Industry : Revised Papers of the 8th International Workshop, FinanceCom 2016
Editors	Stefan Feuerriegel, Dirk Neumann
Number of pages	9
Place of Publication	Heidelberg
Publisher	Springer
Publication date	2017
Pages	105-113
ISBN (Print)	9783319527635
ISBN (Electronic)	9783319527642
DOIs	https://doi.org/10.1007/978-3-319-52764-2_8
Publication status	Published - 2017
Event	FinanceCom 2016: 8th International Workshop - Frankfurt, Germany Duration: 8 Dec 2016 → 8 Dec 2016 Conference number: 8 http://www.financecom2016.is.uni-freiburg.de/

Conference

Conference	FinanceCom 2016
Number	8
Country	Germany
City	Frankfurt
Period	08/12/2016 → 08/12/2016
Internet address	http://www.financecom2016.is.uni-freiburg.de/

Series	Lecture Notes in Business Information Processing
Volume	276
ISSN	1865-1348

Keywords

Cashless society
Merchants
Cash adoption

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10.1007/978-3-319-52764-2_8Licence: Unspecified

jonas_hedman_et_al_cashless_society_acceptedversionAccepted author manuscript, 494 KBLicence: Unspecified

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

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, Vol. 276).

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abstract = "Over the past decades, we have witnessed changes into how individual{\textquoteright}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.",

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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, FinanceCom 2016, Frankfurt, Germany, 08/12/2016. https://doi.org/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 (Lecture Notes in Business Information Processing, Vol. 276).

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

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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). https://doi.org/10.1007/978-3-319-52764-2_8