As of July, Swedish consumers can buy essential goods using their Mastercard and Visa cards without a network connection. The central bank (the Riksbank) wants to go further by enabling offline purchases with Swish, a local mobile payments system that bypasses the Visa and Mastercard networks altogether. Governor Erik Thedéen explained, 'What this whole geopolitical situation has brought about is that you need to be redundant in your operations.' He also noted, 'If we look at our payment system, it happens to be that we have two credit cards that are from the same country, the U.S. I think we should keep that in mind.'