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Cashless society: When will merchants stop accepting cash in Sweden - a research model
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Sustainability and Industrial Dynamics.ORCID iD: 0000-0003-1226-2799
2017 (English)In: 8th International Workshop on Enterprise Applications, Markets and Services in the Finance Industry, FinanceCom 2016, Springer Verlag , 2017, 105-113 p.Conference paper, Published paper (Refereed)
Abstract [en]

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.

Place, publisher, year, edition, pages
Springer Verlag , 2017. 105-113 p.
Keyword [en]
Cash adoption, Cashless society, Merchants, Data processing, Gross domestic products, nocv1, Payment instrument, Practical use, Research models, Tipping point, Commerce
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:kth:diva-207395DOI: 10.1007/978-3-319-52764-2_8Scopus ID: 2-s2.0-85011252565ISBN: 9783319527635 (print)OAI: oai:DiVA.org:kth-207395DiVA: diva2:1106707
Conference
8 December 2016 through 8 December 2016
Note

QC 20170608

Available from: 2017-06-08 Created: 2017-06-08 Last updated: 2017-06-08Bibliographically approved

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Arvidsson, Niklas

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Citation style
  • apa
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  • ieee
  • modern-language-association-8th-edition
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  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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  • asciidoc
  • rtf