Welcome to Sweden, No Cash Accepted Here

Welcome to Sweden, No Cash Accepted Here

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Sweden's advanced mobile payment systems, contrasting them with the challenges faced by American payment systems, particularly American Express. It highlights the role of Swedish startups like iZettle and Seamless in the global market. The discussion also touches on systemic risks associated with digital payments and personal experiences with payment systems, emphasizing the technological gap between Sweden and the USA.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons why mobile payment systems have gained popularity in Sweden?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do the mobile payment systems in Sweden differ from traditional credit card systems?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do Americans face when using mobile payment systems compared to Swedes?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the demographic differences in cash usage between older and younger generations in Sweden.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks associated with mobile payment systems as mentioned in the discussion?

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