POS transactions grow 23% to SAR 38.9 bln in July: SAMA

Electronic Payment Machine

The point-of-sale (POS) transactions rose by 23% to SAR 38.85 billion in July, from SAR 31.51 billion in the same month last year, data issued by the Saudi Central Bank (SAMA) showed.

Data showed that a total of 448.8 million transactions were processed through 859,300 points-of-sale in the month.

POS transactions represent what is spent by consumers using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.

POS Transactions (SAR bln)
Month	2020	2021	Variation
January	28.53	37.27	+31%
February	25.93	31.05	+20%
March	24.79	40.84	+65%
April	16.18	39.17	+142%
May	23.45	40.27	+72%
June	37.02	38.70	+5%
July	31.51	38.85	+23%
August	31.15	--	--
September	33.21	--	--
October	33.64	--	--
November	34.26	--	--
December	37.62	--	--

Cash withdrawals declined by 16% to SAR 48.2 billion in July, from SAR 57.7 billion last year.

The withdrawals were processed through 16,880 ATMs and through 131.1 million transactions.

ATM Withdrawals (SAR bln)
Month	2020	2021	Variation
January	62.94	51.97	(17%)
February	56.39	45.01	(20%)
March	56.90	54.66	(4%)
April	40.55	51.35	+27%
May	44.49	49.52	+11%
June	49.38	46.74	(5%)
July	57.66	48.24	(16%)
August	48.06	--	--
September	53.03	--	--
October	52.89	--	--
November	51.53	--	--
December	55.06	--	--

The following table illustrates the number of points-of-sale since the beginning of 2020:

Number of ATMs
Month	ATMs	Monthly Variation
January 2020	18888	+6
February	18890	+2
March	18876	(14)
April	18855	(21)
May	18836	(19)
June	18559	(277)
July	18427	(132)
August	18498	+71
September	18456	(42)
October	18410	(46)
November	18346	(64)
December	18299	(47)
January 2021	17376	(923)
February	17276	(100)
March	17277	+1
April	17090	(187)
May	17071	(19)
June*	16896	(175)
July	16884	(12)

*Updated data

Consumer spending in the Kingdom retreated by 2% to about SAR 87.1 billion in July, from SAR 89.2 billion during the same period last year.

Consumer Spending (SAR bln)
Month	2020	2021	Variation
January	91.47	89.24	(2%)
February	82.33	76.06	(8%)
March	81.69	95.50	+17%
April	56.73	90.52	+60%
May	67.94	89.79	+32%
June	86.40	85.44	(1%)
July	89.17	87.09	(2%)
August	79.21	--	--
September	86.24	--	--
October	86.53	--	--
November	85.79	--	--
December	92.68	--	--

For more data, visit Argaam Tools

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