Fintech experts claim that by 2023, Sweden will be the first country to completely stop using paper money, and others will follow.
How will it affect the world?
➡️This trend leads to the development of banks that exist exclusively on the websites and smartphones of users. Clients are already accustomed to comfortable interaction with the bank in the electronic space.
This year it will happen to other big banks around the world. In addition, new banks will also seek digitalization.
Therefore, the main task now facing banks is to develop a convenient product that will satisfy the needs of customers👆