Point-of-sale (POS) transactions in Saudi Arabia saw a 34% year-on-year (YoY) rise to around SAR 33.6 billion in October 2020, from SAR 25.1 billion during the same month last year, figures from the Saudi Central Bank (SAMA) showed.
Data also showed that 313.6 million transactions were processed through nearly 657,300 points of sale.
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 |
2019 |
2020 |
Variation |
|
Jan |
21.38 |
28.53 |
+33% |
|
February |
19.24 |
25.93 |
+35% |
|
March |
23.43 |
24.79 |
+6% |
|
April |
24.13 |
16.18 |
(33%) |
|
May |
27.82 |
23.45 |
(16%) |
|
June |
20.76 |
37.02 |
+78% |
|
July |
23.54 |
31.51 |
+34% |
|
August |
23.76 |
31.15 |
+31% |
|
September |
24.84 |
33.21 |
+34% |
|
October |
25.12 |
33.64 |
+34% |
|
November |
25.85 |
-- |
-- |
|
December |
27.93 |
-- |
-- |
The withdrawals were processed through 18,600 ATMs in October 2020, and through 150.4 million transactions.
|
ATM Withdrawals (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
Jan |
63.22 |
62.94 |
(0.4%) |
|
February |
54.98 |
56.39 |
+3% |
|
March |
65.32 |
56.90 |
(13%) |
|
April |
62.63 |
40.55 |
(35%) |
|
May |
72.25 |
44.49 |
(38%) |
|
June |
54.40 |
49.38 |
(9%) |
|
July |
63.15 |
57.66 |
(9%) |
|
August |
59.65 |
48.06 |
(19%) |
|
September |
59.22 |
53.03 |
(10%) |
|
October |
62.61 |
52.89 |
(16%) |
|
November |
59.56 |
-- |
-- |
|
December |
63.66 |
-- |
-- |
|
No. of ATMs since the beginning of 2020 |
||
|
Month |
ATMs |
Monthly Variation |
|
January 2020 |
18888 |
+6 |
|
February |
18890 |
+2 |
|
March |
18876 |
(14) |
|
April |
18855 |
(21) |
|
May |
18836 |
(19) |
|
June |
18802 |
(34) |
|
July |
18604 |
(198) |
|
August |
18658 |
+54 |
|
September |
18615 |
(43) |
|
October |
18568 |
(47) |
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