Paying in Sweden - How to avoid unnecessary fees

Travelling cashless through Sweden? No problem! Sweden is a global pioneer when it comes to cashless payments. The goal here is clear: the country wants to largely do away with cash in the next few years. But how exactly does payment work in Sweden and what do you need to bear in mind? Let us give you the most important tips so that you are well prepared for your holiday!

Sweden is going cashless - What you need to know

Cash is on the decline in Sweden. Especially in cities and large shops, you will hardly ever come across cash. Instead, payment by Credit card or mobile payment services like Swish Standard. Even in rural areas, it is becoming increasingly common to find shops that only offer card payments accept. The goal? Sweden wants to become completely cashless by 2030.

The advantages are obvious: convenient payment by credit or debit card and mobile payments make everyday life much easier - both for Swedes and tourists.

Which payment methods work best in Sweden?

1. Credit cards: Credit cards from Visa and Mastercard are accepted almost everywhere in Sweden, from supermarkets and restaurants to small kiosks. You are on the safe side with credit cards in Sweden.

2. Wise account: In order to avoid annoying conversion fees, I can offer you a Wise account I can only recommend it. With this international account, you can exchange money from euros to Swedish kronor (SEK) at the best exchange rates and pay with your free debit card in Sweden. without any hidden fees. The app, which allows you to keep an eye on your finances at all times, is particularly practical.
   👉 Open your free Wise account now about this Reference link and take advantage of the benefits for your holiday in Sweden, plus get a free debit card.

3. EC cards: Some EC cards work in Sweden, especially those with Maestro or Cirrus logo. However, there are restrictions here, and not all shops accept debit cards, so you should always have a credit card with you.

4. Mobile payment methodsThe Swish app is particularly popular in Sweden. It enables fast payments via mobile phone. However, it only works with a Swedish bank account. It is worth using this service for longer stays.

Do you still need cash in Sweden?

Cash only plays a minor role in Sweden. You will rarely find yourself in a situation where you need cash. However, if you do need cash, you can easily withdraw it from one of the many ATMs - using your credit card or debit card. Please note, however, that fees may apply.

A useful tip: Cash for emergencies is always good. You may still need coins in remote areas or for things like a shopping trolley in the supermarket. But even these cases are becoming rarer.

Electronic payment services such as Swish

In Sweden Swish everyday life. This is a mobile payment service that is mainly used for quick transfers between private individuals. If you are in Sweden for a longer period of time and open a Swedish bank account, you should definitely use this service.

Credit cards andWise accountsare the safest and most convenient solution for a hassle-free holiday in Sweden. You rarely need cash, and with the right preparation you can avoid conversion fees and remain flexible at the same time. Sweden shows what the future of payment could look like - and you can be part of it.