Today, Sweden is the most cashless society in the world. Over 95% of transactions are digital. There are four different mobile-payment commerce platforms in use.

Payments can be made in supermarkets by scanning the QR code on an item via the Seamless app, or with WyWallet, the software created jointly by the country’s biggest mobile phone operators.And Swish, a joint venture between Sweden’s major banks, allows users to transfer money via mobile phone – handy when splitting restaurant bills, for example. And Swish, a joint venture between Sweden’s major banks, allows users to transfer money via mobile phone – handy when splitting restaurant bills, for example.

Read more, via Gemalto.