Sweden reverses cashless society push amid accessibility concerns

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Sweden is reversing its drive toward a cashless economy after years of being a global leader in digital payments. Authorities and financial institutions are now reintroducing cash access points across the country. This shift addresses concerns about excluding vulnerable populations, particularly the elderly and those without digital access. The move reflects a broader reconsideration of financial inclusion versus technological efficiency. Sweden's experience serves as a cautionary lesson for other nations pursuing cashless systems.

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