101872911-20140712-1252-662.530x298Swedish news site The Local reports four out of five purchases in Sweden are now paid electronically or by debit card, a very different picture from some parts of Europe. “Sweden and the rest of Scandinavia leads the world in terms of cashless trading,” said Bengt Nilervall at the Swedish Federation of Trade (Svensk Handel). A reduction in cash use would cut cash-handling costs and lead to a decline in armed robberies. More