Norway introduced a law penalizing retailers that refuse to accept cash, signaling official concern about digital system fragility
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Norway is facing the same issues. It has a Swish-style system called Vipps MobilePay, which is widely used. But in 2024, the Norwegian government passed a law making it illegal for retailers to reject physical money. If they do, they face fines and other penalties. The law came after warnings from officials about how exposed the system is to cyberattacks.
In Norway, which was also at the forefront of the cashless revolution, retailers can be fined if they do not accept cash.
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