Cash Card (Swedish: Cashkortet
1998-2004
In the late 1990s in Sweden, someone thought there had to be a better way to pay than cash. And the Swedish banks thought so, too. And so The Cash Card was born. A fast, easy, and secure way to make purchases. However the card was hassle. Few stores accepted it, and it didn’t work to pay for calls or parking. And last but not least, the banks charged fees to both buyers and sellers.
Additional info:
Uppsala University – an academic analysis of the failure
A video about the Cash card from a Swedish comedy show. In Swedish: