In the world of online purchases and credit cards not having paper money seems like a logical outcome. But when that happens, people start expressing their unsettlement with the question. This is the case now in Sweden.

In this Nordic country people may soon lose their possibility to pay not with a credit card, but with regular notes. And this is not very good. The main problem of losing notes is that the infrastructure needed for notes payment is a system that needs to be used, otherwise it will fall apart pretty quickly. And most of all, the remote areas of the country will fall victims to it.

There is also a problem of technological failure. Machines are not always reliable and often they face a failure. If that happens with no cash available, Swedish people won’t be able to buy the most necessary things. Given how the failures happen during various natural cataclysms, it is borderline life-saving – to have cash and not rely on power, or banking system.

“Cash is important in a crisis situation," said Patrik Andersoon, Chief Executive Officer of Loomis "Swedes don’t maybe have the insight to understand the effects of such a crisis, that it pervades the whole community."

Swedish parliament is going to address the problem in the special report that is going to be issued in summer.