Point-of-sale (POS) transactions in Saudi Arabia saw a 16% year-on-year (YoY) drop to around SAR 23.5 billion in May 2020 from SAR 27.8 billion during the same month last year, figures from the Saudi Arabian Monetary Authority (SAMA) showed.
POS transactions rose by 45%, or SAR 7.3 billion month-on-month (MoM), to reach SAR 16.2 billion in May 2020.
In April, Saudi Arabia continued its precautionary measures to curb the outbreak of the coronavirus pandemic, including partial and complete lockdowns across the Kingdom.
Data showed that 159.4 million transactions were processed through nearly 505,100 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 |
25.93 |
+35% |
|
March |
23.43 |
24.79 |
+6% |
|
April |
24.13 |
16.18 |
(33%) |
|
May |
27.82 |
23.45 |
(16%) |
|
June |
20.73 |
-- |
-- |
|
July |
22.77 |
-- |
-- |
|
August |
22.56 |
-- |
-- |
|
September |
24.37 |
-- |
-- |
|
October |
25.12 |
-- |
-- |
|
November |
25.85 |
-- |
-- |
|
December |
27.93 |
-- |
-- |
Cash withdrawals declined 38% YoY to SAR 44.5 billion, through 110.3 million transactions processed across 18,800 ATMs in May 2020.
|
ATM Withdrawals (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
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 |
54.39 |
-- |
-- |
|
July |
63.15 |
-- |
-- |
|
August |
59.65 |
-- |
-- |
|
September |
59.22 |
-- |
-- |
|
October |
62.61 |
-- |
-- |
|
November |
59.56 |
-- |
-- |
|
December |
63.66 |
-- |
-- |
|
No. of ATMs since the beginning of 2019 |
||
|
Month |
ATMs |
Monthly 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 |
18888 |
+6 |
|
February |
18890 |
+2 |
|
March |
18876 |
(14) |
|
April |
18855 |
(21) |
|
May |
18836 |
(19) |
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