Point-of-sale (POS) transactions in Saudi Arabia rose 11 percent to SAR 16.5 billion in April from SAR 14.8 billion a year earlier, official figures from the Kingdom’s central bank showed.
Data showed that 55 million transactions were processed through nearly 295,000 points-of-sales in shopping malls, mega retail stores, and pharmacies.
POS Transactions (SAR bln) |
|||
Month |
2016 |
2017 |
Variance |
January |
14.70 |
15.75 |
+7% |
February |
13.48 |
14.16 |
+5 % |
March |
15.36 |
16.31 |
+6 % |
April |
14.78 |
16.47 |
+11% |
May |
17.72 |
-- |
-- |
June |
18.21 |
-- |
-- |
July |
13.57 |
-- |
-- |
August |
15.32 |
-- |
-- |
September |
14.21 |
-- |
-- |
October |
14.30 |
-- |
-- |
November |
15.29 |
-- |
-- |
December |
15.78 |
-- |
-- |
Cash withdrawals decreased by 3 percent year-on-year (YoY) to nearly SAR 60.03 billion across 18,000 ATMs in April.
ATM Withdrawals (SAR bln) |
|||
Month |
2016 |
2017 |
Variance |
January |
62.69 |
61.14 |
(2%) |
February |
59.82 |
54.87 |
(8%) |
March |
66.16 |
63.38 |
(4%) |
April |
61.78 |
60.03 |
(3%) |
May |
67.82 |
-- |
-- |
June |
73.06 |
-- |
-- |
July |
54.94 |
-- |
-- |
August |
65.11 |
-- |
-- |
September |
59.26 |
-- |
-- |
October |
60.34 |
-- |
-- |
November |
59.99 |
-- |
-- |
December |
62.49 |
-- |
-- |
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