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Tag Archives: Sweden

As cash fades, Sweden’s homeless take credit cards

Jay MacDonald

Scratch another entry from the shrinking list of things credit cards can’t buy following news out of Stockholm, Sweden that homeless curbside hawkers of the local pop culture magazine Situation Stockholm now accept plastic.
No, the weather-tested vendors didn’t stumble upon a cache of discarded Square dongles behind their local Best Buy. Instead, the hooked-up homeless were given iZettle mobile card readers by the magazine in an effort to boost sales of Situation Stockholm, which goes for 50 kronor or $8.
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Citibank denies credit cards to Sweden’s elderly

Julie Sherrier

As part of Citibank’s risk-assessment policy in Sweden, credit card applications for consumers over the age of 75 will be turned down
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