Sweden's shift towards a cashless society, long seen as the future, is being reevaluated due to security threats from Russia, emphasizing the need for diverse payment methods.
The Swedish government is overhauling its defence strategy, including recommending that citizens keep cash on hand to prepare for potential crises, highlighting the importance of multiple payment methods.
Norway and Sweden, once pioneers of digital payments, are now recognizing the vulnerabilities that come with a cashless society in the face of geopolitical tensions and cyber threats.
The emergence of hybrid warfare, cyber-attacks, and disinformation has compelled Sweden and Norway to reassess their digital payment systems and enhance financial inclusion for all citizens.
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