# Swish

> <p><strong>Ownership:</strong> Privately held<br><strong>Pricing:</strong> Free for P2P (most banks). Merchant fees 1-2 SEK + 0.5% per transaction.<br><strong>Known for:</strong> Swedish mobile P2P payment app launched 2012 by major Swedish banks (Swedbank, SEB, Handelsbanken, Nordea, etc.). Approximately 8M users — 80% of Sweden's population. Cash usage in Sweden dropped from 39% (2010) to under 8% partly because of Swish. The system that pushed Sweden to near-cashless. The reason a Swedish flea market vendor will look at you blankly if you offer cash.<br><a href="https://www.swish.nu">https://www.swish.nu</a></p>

https://www.swish.nu