The Nordic region is perhaps the closest to becoming a cashless society. Cash usage as reported recentlyi: Sweden – 2.1%, Norway – 2.3%, and Denmark – 5.2%, clearly establishes this fact. Among the electronic channels depicted below from a latest Statistaii report, it is interesting to note that after cards and wallets (PayPal or similar), the popularity of Open Invoice payments is closest to that of wallets. As per a recent articleiii, of the four Nordic countries, cards are the most preferred way to pay in Norway and Denmark, while Finland prefers Bank Transfers and Sweden favours Open Invoices.