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

riksbank.se

431–440 of 581 posts

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

#431

Earlier quoted context omitted.

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…

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

#432
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…

Eh? I’ve always used a debit card with those without issue. Transaction usually posts the next day.

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

#433

Earlier quoted context omitted.

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…

I am danish so not quite as anti-cash as Sweden but if people use cash in grocery stores or just stores in general the general sentiment will be that its either because they are old , the cash they have is undeclared income or that it is income from illegal activities.

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

#434

> “In Sweden, we pay digitally to a large degree and the use of cash is low. The general public being able to pay by card for example for food and medicines even in the event of a serious breakdown in data communication, that is offline, is a milestone in our intensified efforts to strengthen emergency preparedness”, says Governor Erik Thedéen. I understand that it's very normal to use a CC in Sweden (and many places…

Cash would be a reasonable assumption, but not a practical one unfortunately.

The only place really to get cash in Sweden is at an ATM, of which there are very few these days - most have been removed in the past years, and some might be very far away due to the large distances in Sweden. It should also be assumed that in the event of a critical infrastructure breakdown, the ATMs would not work either.

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

#435
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.

You're not going to find a baguette for less than 5 euros anyway

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

#436
post #326

Earlier quoted context omitted.

I think metro trains in countries like The Netherlands and Singapore use this approach where in you tap your cards and entry and exit and you are billed usually somewhere at the end of the day.

It's more complex than that: The card actually has some nonvolatile storage with your current balance, which gets decremented each time you use it.

> The card actually has some nonvolatile storage with your current balance.

I'm not trying to find a gotcha, but wonder how that works with paying by phone nfc and then by card?

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

#437
post #275

Earlier quoted context omitted.

This is a function of geography. Where I live in Seattle, a lot of businesses simply don't handle cash at all, because break-ins for the cash register are quite expensive to deal with, and they circumvent that problem by simply posting outside the business that there is no cash. One of the few businesses near me that must take cash, a dispensary, recently had an issue where somebody tried to break in using a stolen p…

It's pretty much required to accept cash in Seattle: https://www.seattletimes.com/seattle-news/politics/king-coun ...

This link 404s for me.

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

#438
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…

Credit card transactions were only done offline in the 80s. So it’s very doable.

They physically imprinted your card numbers on some special paper with a mechanical device. Wild.

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

#439
post #404
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…

We know exactly how to do these things digitally. Many European countries have had stored-value payment schemes in the 90s. Japan still does today. It's a completely solved problem, but it's a more complex (and as such more expensive) solution than just assuming ubiquitous connectivity and a backend that never goes down, which is how we got to where we are. > Is this motivated by a need to prepare for war? Preparing…

> We know exactly how to do these things digitally. Many European countries have had stored-value payment schemes in the 90s. Japan still does today.

But how do they prevent people double spending the same amount? Say someone has 100$ and boards on a plane. During the trip, this person buys a bag of potato chips sold for 90$. At the same time, his bank account is automatically charged 90$ for a bill.

With credit cards, handling this case is baked into the system. As far as I am aware, direct debt has no equivalent.

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

#440

We've come full circle. Credit cards were offline-only in the beginning. When have we lost this ability? See https://www.google.com/search?num=10&sca_esv=5e043526353aa70...

You can always do a forced capture without an auth if you have a real payment processor. That’s how offline works. There’s no auth.
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