Background & Purpose

The Swedish Payments Authority was created to coordinate state payments and prevent welfare fraud. However, the government now believes that the specific transaction account system is no longer the best way to handle these payments and wants to shut it down.

The Decision

The Swedish Parliament is currently preparing to vote on the government's proposal to shut down the Payments Authority's transaction account system. A final decision is expected in autumn 2026.

Does this affect you?

  • The Swedish Payments Authority: They will have to stop the rollout of the transaction account system and adapt their operations to other fraud-prevention methods.
  • Welfare benefit recipients: They will not see their payments routed through a new centralized transaction account, meaning their payment experience remains unchanged.
  • State agencies like Försäkringskassan and CSN: They will continue using their current payment methods instead of integrating with the planned transaction account system.

In Practice

  • The Swedish Payments Authority will stop the development and implementation of its specialized transaction account system.
  • State agencies will continue to pay out benefits through existing channels instead of transitioning to the new system.
  • The government aims to focus on other methods to prevent welfare fraud without the administrative burden of the transaction accounts.
  • Financial institutions will continue to interact with traditional state payment systems rather than a centralized transaction account.