Online sales via Mada cards surge 196% to SAR 5.31 bln in March 2021

11/05/2021 Argaam Special

 


Online sales performed through Mada cards soared by 196% year-on-year (YoY) to reach SAR 5.31 billion in March 2021.

 

The sales were performed through 25.84 million transactions, according to the monthly data issued by the Saudi Central Bank (SAMA).

 

Online sales via Mada (SAR bln)

Period

2020

2021

Variation

Jan.

1.72

4.38

+155%

Feb.

1.63

4.17

+157%

March

1.79

5.31

+196%

April

3.00

--

--

May

3.72

--

--

June

3.73

--

--

July

3.63

--

--

Aug.

3.33

--

--

Sept.

3.72

--

--

Oct.

3.85

--

--

Nov.

4.21

--

--

Dec.

4.50

--

--

 
 

E-commerce transactions via Mada cards (mln)

Period

2020

2021

Variation

Jan.

6.87

19.91

%190+

Feb.

6.64

20.42

+208%

March

7.29

25.84

+255%

April

12.67

--

--

May

18.16

--

--

June

17.24

--

--

July

15.34

--

--

Aug.

14.82

--

--

Sept.

16.19

--

--

Oct.

16.96

--

--

Nov.

17.96

--

--

Dec.

20.18

--

--

 
 

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