POS transactions in Saudi Arabia rise 25% in December 2019

30/01/2020 Argaam Special

 

Point-of-sale (POS) transactions in Saudi Arabia saw a 25% year-on-year (YoY) increase to SAR 27.93 billion in December 2019, figures from the Saudi Arabian Monetary Authority (SAMA) showed.

 

Data showed that 181 million transactions were processed through nearly 438,600 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

17 %

September

19.31

24.37

+26%

October

19.30

25.12

+30%

November

19.87

25.85

+30%

December

22.33

27.93

+25%

 

Cash withdrawals dropped slightly YoY to SAR 63.66 billion through 181.8 million transactions processed across 18,880 ATMs in December.

 

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

59.56

(0.1%)

December

63.86

63.66

(0.3%)

 

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