Working Papers present research work by both Danmarks Nationalbank’s employees and our partners. Working Papers are primarily targeted at professionals and people with an interest in central banking research as well as economics and finance in a broader sense.


Payment Habits in Denmark

In Denmark the most frequent means of payment are cash and dankort. A survey study of Danish payment behaviour reveals that older citizens as well as low-income groups in particular prefer cash. A recent change in Danish surcharge regulation permits retailers to charge a fee when receiving credit card payments, but not when receiving debit card, including dankort, payments. A statistical analysis of Danish payment patterns indicate that such a change will not incite more people to pay in cash.