Point-of-sale (POS) transactions in Saudi Arabia grew by 30% year-on-year (YoY) to SAR 25.12 billion in October 2019, according to recent data from the Saudi Arabian Monetary Authority (SAMA).
Data showed that a total of 164.2 million transactions were processed, up 71% YoY, through nearly 421,900 points-of-sales in shopping malls, retail stores, and pharmacies.
POS Transactions (SAR bln) |
|||
Month |
2018 |
2019 |
Variation |
January |
16.44 |
21.38 |
+30% |
February |
15.39 |
19.24 |
+ 25 % |
March |
19.54 |
23.43 |
+ 20 % |
April |
19.40 |
24.13 |
+ 24 % |
May |
23.06 |
27.82 |
+ 21 % |
June |
19.30 |
20.73 |
+ 7 % |
July |
19.18 |
22.77 |
+ 19 % |
August |
19.20 |
22.56 |
+ 18 % |
September |
19.31 |
24.37 |
+ 26 % |
October |
19.30 |
25.12 |
+30% |
November |
19.87 |
-- |
-- |
December |
22.33 |
-- |
-- |
Cash withdrawals inched up 1% YoY to SAR 62.61 billion through 181.9 million transactions processed across 18,840 ATMs in October 2019.
ATM Withdrawals (SAR bln) |
|||
Month |
2018 |
2019 |
Variation |
January |
62.22 |
63.22 |
+2% |
February |
56.34 |
54.98 |
(2%) |
March |
66.73 |
65.32 |
(2%) |
April |
63.30 |
62.63 |
(1%) |
May |
68.05 |
72.25 |
+6% |
June |
61.94 |
54.39 |
(12%) |
July |
63.42 |
63.15 |
(0.4%) |
August |
63.16 |
59.65 |
(6%) |
September |
57.62 |
59.22 |
+3% |
October |
62.05 |
62.61 |
+1% |
November |
59.62 |
-- |
-- |
December |
63.86 |
-- |
-- |
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