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

riksbank.se

161–170 of 581 posts

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

#161

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'm Swedish and if someone insists on doing a transaction using cash when Swish or card is available, I'd immediately start to wonder if it's for some kind of more or less shady reason, probably tax evasion at the very least.

You have to differentiate common purchases from "large" purchases in this discussion. I'm certain you don't think there's something shady going on, or tax evasion happening, if someone uses cash in the grocery store or at Pressbyrån, or to pay for some little gadget or whatever at Kjell&Co.

This is what people think of when someone "uses cash". Not hauling tens of thousands to buy a used car or to settle the bill for having your bathroom tiled, which would be cases I too would raise an eyebrow over.

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

#162
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

As a swede, your statement is outlandish and false.

We use cash all of the time.

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

#163
post #18
post #9

It's not about paying by cash but paying by card offline. How is this going to be implemented I wonder. On planes they often accept credit cards even when there's no internet. I assume this is a trust in-credit-based system because they don't accept debit cards, i.e. if you are worth being trusted with a card you can have your sandwich now and we will take care of the bank processing once we are on the ground. So may…

Exactly like that most likely, I am old enough to remember those machines where credit cards left their mark on the receipt, that is why their numbers are higher than the card. Here, https://en.m.wikipedia.org/wiki/Credit_card_imprinter

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

#165

Earlier quoted context omitted.

Not really your point, but this sounds crazy. > My company requires me to send it a check for the amount I receive from the government for jury duty That just sounds like something that shouldn't be allowed. I don't know the rules.

Some states permit it, some do not. My company claims that allowing me to have both my regular pay and the government pay would be considered an over-payment, and the accountants say it triggers all kinds of messy things. However, at the same time, it is illegal to do this in some American states where we have offices. So it must somehow be possible for the accountants to allow it.

I'd assume they would pay wages, minus the court pay. Given how badly jury duty pays, it seems a wasted effort.

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

#166
post #126

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’d say he’s correct, people under 60 that uses cash are considered, if not criminal, at least suspicious, like they have something to hide. Or simply wackos. I haven’t used cash for the last 15 years or so. Except for when I had carpenters at home who wanted to get paid in cash (to avoid taxes, so called black money).

> people under 60 that uses cash are considered, if not criminal, at least suspicious, like they have something to hide

You are spewing complete nonsense.

Here's some perfectly normal stuff I use cash for in sweden on the regular:

- flea markets

- strawberry stand by the road

- unmanned vegetable shop has a cash bin and a pay-for-what-you-take sign

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

#167
post #105
post #97

Earlier quoted context omitted.

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]

In my experience the opposite is true.

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

#168

Earlier quoted context omitted.

Not really your point, but this sounds crazy. > My company requires me to send it a check for the amount I receive from the government for jury duty That just sounds like something that shouldn't be allowed. I don't know the rules.

Some states permit it, some do not. My company claims that allowing me to have both my regular pay and the government pay would be considered an over-payment, and the accountants say it triggers all kinds of messy things. However, at the same time, it is illegal to do this in some American states where we have offices. So it must somehow be possible for the accountants to allow it.

I served on a jury for a week a few years ago and my check at the end was $22. It seems like it wouldn't be worth the company's time to handle and process that check.

I'm sure some jurors got more. My county's jury pay/reimbursement is primarily mileage based and I live 2 miles from the court house.

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

#169
post #33
post #3

offline key signing and broadcasting later should be a simple thing although heavily misunderstood, this is built into cryptocurrencies since day 1 (many critics have long thought crypto requires power and internet access, many proponents also don't know otherwise) with card networks learning from competition and functionally being public-only keys, this should be even simpler to implement

Card networks have supported this mode of operation for a long time.

What is Sweden’s issue then? Why is the central bank involved in this at all?

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

#170
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…

How do you pay for things that are just one or two euros? In my local boulangerie they don't accept cards for less than 5€, so if I just want a baguette I need to have cash.
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