Sweden: How to live in the world's first cashless society

https://www.youtube.com/watch?v=5vdmNdkUyGA
1. Vocabulary
1.vendor a. making fake money
2.instantaneous b. taking out money from the bank
3.cash withdrawal c. to need a particular thing or the help and
support of someone or something in order
to succeed
4.counterfeiting d. a way (of doing sg)
5.to predict e. to form a particular amount or part of
something
6.cash deposit f. a decrease
7.a means g. to accept something enthusiastically
8. to embrace h. the money you pay into your bank
account
9.decline i. a person who sells something
10. to rely on j. to make statements about the future
11. to account for k. happening immediately, without delay

Use these words in the following sentences from the video.

Cash will no longer be used as a of payment in Sweden.
Sweden is to be the world’s first cashless society in March 2023.
Sweden has been long open to new technologies.
This is similar to the in cash in other Nordic countries.
More than half of Sweden’s 1600 bank branches no longer accept
or .
Swish is an mobile paying platform which helps make electronic
payments easier.
Just 13 % of the total population in Sweden cash.
Cash less than 2% of the total value of transactions in
Sweden.
All have a mobile payment chip-and-pin card reader.
Some of the reasons include making transport more secure, reducing bank robberies and
fighting drug, and weapons black market.
2. Answer the questions.

What types of cards are listed? Which of them are outdated?

Sweden has been “the first” in Europe twice throughout its financial history. When
and how?
What is the difference between northern and Southern Europe in terms of using cash?
What is Swish?
Are children excluded from digital payments?
At the time when the video was made (2019), how much of the total value of
transactions was made in cash?
 How can you pay your public transport fares?
What advantages of going cashless are mentioned?

3. Match the sentence halves from the video.

Over the past few years almost all
purchases
More than 80 percent of all retail
The Swedish digital currency could
Cash is actually
It was created in 2012
The application is used by well over
Tickets can be prepaid using a mobile
application
no longer accepted in many
establishments.
half of the population in Sweden.
transactions in the country are
conducted electronically.
be implemented throughout the country.
have been made electronically.
or bought by credit/debit cards from bus
drivers.
by the six largest Swedish banks.