Saudi POS transactions leap 33% in January 2020

01/03/2020 Argaam Special

 

Point-of-sale (POS) transactions in Saudi Arabia saw a 33% (YoY) increase to SAR 28.5 billion in Jan. 2020, figures from the Saudi Arabian Monetary Authority (SAMA) showed.

 

Data showed that 186 million transactions were processed through nearly 452,300 points-of-sales in shopping malls, retail stores, and pharmacies.

 

POS Transactions (SAR bln)

Month

2019

2020

Variation

January

21.38

28.53

+ 33 %

February

19.24

--

--

March

23.43

--

--

April

24.13

--

--

May

27.82

--

--

June

20.73

--

--

July

22.77

--

--

August

22.56

--

--

September

24.37

--

--

October

25.12

--

--

November

25.85

--

--

December

27.93

--

--

 

Cash withdrawals slightly dropped to SAR 62.94 billion, as 178.1 million transactions were processed across 18,910 ATMs in January.

 

ATM Withdrawals (SAR bln)

Month

2019

2020

Variation

January

63.22

62.94

(0.4 %)

February

54.98

--

--

March

65.32

--

--

April

62.63

--

--

May

72.25

--

--

June

54.39

--

--

July

63.15

--

--

August

59.65

--

--

September

59.22

--

--

October

62.61

--

--

November

59.56

--

--

December

63.66

--

--

 

Number of ATMs

Month

Number of ATMs

Variation

January 2019

18674

(11)

February

18706

+32

March

18742

+36

April

18764

+22

May

18790

+26

June

18820

+30

July

18836

+16

August

18797

(39)

September

18832

+35

October

18839

+7

November

18839

--

December

18882

+43

January 2020

18908

+26

 

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