Public payment preparedness in Sweden: central bank recommends that all households keep a sum of SEK 1,000 in cash per adult at home

The Swedish central bank is urging consumers to horde a week’s worth of cash in case of disruption to payment services during the volatile climate. The current international situation and Sweden’s high degree of digitalisation may lead to vulnerabilities in the payments system. „It is therefore important for the general public to ensure that they […]