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Offline card payments should be possible no later than 1 July 2026

riksbank.se

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Re: Offline card payments should be possible no later than 1 July 2026

#101

Post by xhoantran »

greenavocado wrote: post #58
londons_explore wrote: post #21

Earlier quoted context omitted.

The card itself knows its balance and is authorised to approve transactions up to a limit fully offline. The UK already does this in some shops for low value items for NFC payments. You can tell the offline transactions because they immediately say 'approved' rather than taking a few seconds. If it turns out the card approved something 'wrongly', for example because you had previously reported the card lost to the ba…

It's incredible how the banks refuse to lose here; they will screw over the merchants before taking on any liability in this matter.

When you set up the POS you can choose whether to allow offline auth or not. It makes transactions a little faster, but you’re the one who takes the hit if the card bounces later. Just comes down to whether you value speed over the extra risk.

Re: Offline card payments should be possible no later than 1 July 2026

#102

Post by empressplay »

greenavocado wrote: post #39

Looks like summer 2026 is when the war will start

Ah yes, that old Russian chestnut that any moves to make Western civil society more resilient are portrayed as an omen of military aggression against them. Sorry Boris, not everything is about you.

Re: Offline card payments should be possible no later than 1 July 2026

#103

Post by johannes1234321 »

wdrw wrote: post #93
seanalltogether wrote: post #88

Earlier quoted context omitted.

How do kids get pocket money in Sweden? I can't imagine grandparents handing over prepaid debit cards to 8 years old to go buy candy at the neighborhood store?

In Canada there's MyDoh, which is specifically a debit card you can give to kids including in that age range. One of the major Canadian banks runs this. Can only imagine that it's more advanced in Sweden.

That may be practical, but many kids I observe in my family etc like to collect the money and see it and are proud of their collection and about what they saved. That goes away with a card ... and I wonder how that impacts the "feeling" for it. Counting and making likes and plans about what to buy is a big part of learning to deal with it.

Re: Offline card payments should be possible no later than 1 July 2026

#104

Post by mylifeandtimes »

daneel_w wrote: post #50
Etheryte wrote: post #5

Some context might be useful here. I spent some time living Sweden not too long ago and Swedes practically don't use cash. It's usually not said out loud, but cash is often considered to be dirty and criminal, to the point that most don't have any at all. Digital payments are very convenient and deeply integrated, so long as you have a local ID which allows you use the local payment system Swish etc. This worked nice…

> "It's usually not said out loud, but cash is often considered to be dirty and criminal ..." Are you sure this isn't impression you've gotten from isolated reactions involving a small number of individuals, perhaps just a single individual? I can't relate to the sentiment at all, having lived here for just over three decades and experiencing the popularity shift from cash to debit card. I can, in fact, not recall a…

> Are you sure this isn't impression you've gotten from isolated reactions involving a small number of individuals, perhaps just a single individual?

Swedish here. The impression is common. Sweden is a small country and has long had a fairly cohesive culture. The culture has decided that digital payments are the way. Deviation from the collective way is always suspect.

Re: Offline card payments should be possible no later than 1 July 2026

#105

Post by keanb »

dijit wrote: post #97
daneel_w wrote: post #50

Earlier quoted context omitted.

> "It's usually not said out loud, but cash is often considered to be dirty and criminal ..." Are you sure this isn't impression you've gotten from isolated reactions involving a small number of individuals, perhaps just a single individual? I can't relate to the sentiment at all, having lived here for just over three decades and experiencing the popularity shift from cash to debit card. I can, in fact, not recall a…

I come from the UK where not accepting cash is only ok in hipster areas of London (or, was at the time). When I joined my gamedev studio I had colleagues asking me why I had cash, and many of them didn’t even recognise what it looked like (there was a switchover of the notes a year or two prior). There was an insinuation that I would use it for drugs. So, I suspect that the parent is right here.

[flagged]

Re: Offline card payments should be possible no later than 1 July 2026

#106

Post by daneel_w »

dijit wrote: post #97
daneel_w wrote: post #50

Earlier quoted context omitted.

> "It's usually not said out loud, but cash is often considered to be dirty and criminal ..." Are you sure this isn't impression you've gotten from isolated reactions involving a small number of individuals, perhaps just a single individual? I can't relate to the sentiment at all, having lived here for just over three decades and experiencing the popularity shift from cash to debit card. I can, in fact, not recall a…

I come from the UK where not accepting cash is only ok in hipster areas of London (or, was at the time). When I joined my gamedev studio I had colleagues asking me why I had cash, and many of them didn’t even recognise what it looked like (there was a switchover of the notes a year or two prior). There was an insinuation that I would use it for drugs. So, I suspect that the parent is right here.

Natives asking why someone has cash, and not even recognizing bank notes...? It sounds so absurd that I'm certain you're exaggerating wildly. If not, you've had an outlier experience during a limited window of time in the country. Just like the parent. This isn't really representative.

Add.: another poster suggested that someone had a bit of a laugh with you by saying it, which is also entirely possible. Basic joke.

Re: Offline card payments should be possible no later than 1 July 2026

#107

Post by veeti »

dghlsakjg wrote: post #76
veeti wrote: post #66

Earlier quoted context omitted.

Sweden has introduced civil asset forfeiture where the mere possession of cash can make you a suspect [1]. It's coming from the very top. https://archive.ph/v7TRe

That article does not at all make the assertion you are claiming it does: "The new law allows police to seize expensive goods even from people who are not under investigation for a crime, if they cannot prove they acquired them lawfully." I don't love the law, but having cash on its own is not grounds for seizure. Having expensive goods that you cannot explain how you managed to pay for is what they are targeting, ac…

You can put lipstick on a pig all you want, but if you reverse the burden of proof from "we have to prove your money is dirty" to "you have to prove your money is clean", that is a very clear cut case of "possessing cash is grounds for seizure" to me.

By the way, have you ever wondered what the definition of "expensive goods" is? Of course, the powers that be want to make it all about the Rolexes and Lamborghinis, but a cursory peek at the actual law reveals [1]:

> Section 4 If the property has been seized and the value of what may be confiscated does not exceed one tenth of the price base amount according to Chapter 2, Sections 6 and 7 of the Social Insurance Code, a question about confiscation of the property may be examined by 1. a police officer, or 2. another employee of the Police Authority or the Security Service appointed by the respective authority.

Which effectively means that using the "price base amount" value of ~59k SEK in 2025, you are subject to asset forfeiture at the whims of any police officer once you have more than 600 bucks in your wallet or under the mattress.

But I'm sure they will only use it on brown gang bangers or knife wielding foreign drunks and not law abiding citizens such as myself, so it's fine!

[1] https://www.riksdagen.se/sv/dokument-och-lagar/dokument/sven...

Re: Offline card payments should be possible no later than 1 July 2026

#108

Post by pizzalife »

0xWTF wrote: post #74

There's a term I saw all over someone's Google calendar schedule, pre-pandemic "DNS without asking". Now I realize it means "Do not schedule without asking" but my mind thought "Domain Name Service without asking" ... how in the hell would you do that? I guess this is similar: how do you make trustworthy decisions that seem to inherently depend on the network, in the absence of a network? Before the internet, we had…

>Is this motivated by a need to prepare for war?

In short, yes.

>The possibility to pay by card when the internet is not working – ‘so-called offline payments’ – is an area that ‘the Riksbank believes needs to be improved considerably, particularly in light of the geopolitical unease in the world,’ according to the announcement

https://www.riksbank.se/en-gb/press-and-published/notices-an...

Re: Offline card payments should be possible no later than 1 July 2026

#109

Post by wcoenen »

Pedantically speaking, offline card payments are already possible _now_. E.g. see the Square documentation about that.[1]

However, it requires that all the parties involved (issuer, acquirer, payment network, merchant) allow it, and there are certain limits. One of the linked documents[2] in the riksbank press release has more details about what they expect from these parties.

[1] https://squareup.com/help/us/en/article/7777-process-card-pa...

[2] https://www.riksbank.se/globalassets/media/nyheter--pressmed...

Re: Offline card payments should be possible no later than 1 July 2026

#110

Post by eigart »

dijit wrote: post #97
daneel_w wrote: post #50

Earlier quoted context omitted.

> "It's usually not said out loud, but cash is often considered to be dirty and criminal ..." Are you sure this isn't impression you've gotten from isolated reactions involving a small number of individuals, perhaps just a single individual? I can't relate to the sentiment at all, having lived here for just over three decades and experiencing the popularity shift from cash to debit card. I can, in fact, not recall a…

I come from the UK where not accepting cash is only ok in hipster areas of London (or, was at the time). When I joined my gamedev studio I had colleagues asking me why I had cash, and many of them didn’t even recognise what it looked like (there was a switchover of the notes a year or two prior). There was an insinuation that I would use it for drugs. So, I suspect that the parent is right here.

Your suspicion is wrong.
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