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Online sales transacted through Mada cards jumped by 99% year-on-year (YoY) to reach SAR 31.05 billion in H1 2021.
The sales were performed through 146.06 million transactions, an increase of 112% YoY, according to the monthly data issued by the Saudi Central Bank (SAMA).
Online Sales via Mada |
|||
Period |
H1 2020 |
H1 2021 |
Variation |
Transactions’ value (SAR bln) |
15.59 |
31.05 |
+ 99% |
No. of transactions (mln) |
68.86 |
146.06 |
+ 112% |
Meanwhile, online sales transacted through Mada cards leapt by 58% YoY to reach SAR 5.89 billion in June.
The sales were performed through 26.4 million transactions, according to SAMA's data.
Online Sales via Mada (SAR bln) |
|||
Period |
2020 |
2021 |
Variation |
January |
1.72 |
4.38 |
+155% |
February |
1.63 |
4.17 |
+156% |
March |
1.79 |
5.31 |
+197% |
April |
3.00 |
5.56 |
+85% |
May |
3.72 |
5.74 |
+54% |
June |
3.73 |
5.89 |
+58% |
July |
3.63 |
-- |
-- |
August |
3.33 |
-- |
-- |
September |
3.72 |
-- |
-- |
October |
3.85 |
-- |
-- |
November |
4.21 |
-- |
-- |
December |
4.50 |
-- |
-- |
E-commerce Transactions via Mada Cards (mln) |
|||
Period |
2020 |
2021 |
Variation |
January |
6.87 |
19.91 |
+190% |
February |
6.64 |
20.42 |
+208% |
March |
7.29 |
25.84 |
+254% |
April |
12.67 |
25.57 |
+102% |
May |
18.16 |
27.93 |
+54% |
June |
17.24 |
26.40 |
+53% |
July |
15.34 |
-- |
-- |
August |
14.82 |
-- |
-- |
September |
16.19 |
-- |
-- |
October |
16.96 |
-- |
-- |
November |
17.96 |
-- |
-- |
December |
20.18 |
-- |
-- |
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