Sweden, once a leader in cashless payments, now mandates cash acceptance to bolster resilience against crises.

Sweden, renowned for its advanced digital payment systems, has taken a surprising turn by introducing a law requiring certain businesses to accept cash. Effective July 1, supermarkets and pharmacies must now offer cash payment options, with potential expansion to government agencies under review. This shift comes as Sweden aims to ensure inclusivity for individuals without access to digital systems, such as seniors and the homeless, while also preparing for potential crises.

The Swedish government cites growing concerns over vulnerabilities in digital payment systems, which are susceptible to cyberattacks, power outages, and sabotage. Prime Minister Ulf Kristersson highlighted the risks of hybrid threats, emphasizing the need for redundancy in payment methods. The move follows incidents like a 2021 cyberattack that disrupted hundreds of supermarkets and a 2025 breach of the BankID system. The Swedish Central Bank now advises citizens to keep cash on hand for emergencies, reflecting a broader effort to strengthen societal resilience.