Denmark moving towards cash-free future

The way Danes still call their money ‘kroner’ (literally meaning ‘crowns’) is a reminder of their feudal past, but just like the late great kings, all the coins may soon be history. krone_danske

EPN reports that bank cards have become the standard form of payment to such a degree that cash may completely disappear in the near future.

Money is digital
In the last 30 years, the number of Dankort transactions in Danish stores has been on a steady rise, according to figures released from the national bank.

In 2012, people paid with their Dankorts nearly a billion times, compared to 400 million times in 2000, while cheques and cash payments are getting rarer. In addition, mobile payments are getting more and more popular.

Read more: Copenhagen Post

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