Saudi PoS transactions rise 7% in June 2019

29/07/2019 Argaam Special

 

Point-of-sale (PoS) transactions in Saudi Arabia grew 7% in June 2019 to SAR 20.73 billion compared to SAR 19.3 billion in June 2018, according to Saudi Arabian Monetary Authority (SAMA).

 

Data showed that a total of 113.8 million transactions were processed through nearly 388,000 points-of-sales in shopping malls, retail stores and pharmacies.

 

POS Transactions (SAR bln)

Month

2018

2019

Variation

January

16.44

21.38

+30%

February

15.39

19.24

+ 25 %

March

19.54

23.43

+ 20 %

April

19.40

24.13

+ 24 %

May

23.06

27.82

+ 21 %

June

19.30

20.73

+ 7 %

July

19.18

--

--

August

19.20

--

--

September

19.31

--

--

October

19.30

--

--

November

19.87

--

--

December

22.33

--

--

 

 Meanwhile, cash withdrawals through ATMs declined 12% in June to SAR 54.4 billion compared to SAR 61.94 billion during the same period 2017.

 

The cash withdrawals were made through 160.1 million transactions using the 18,800 ATMs in Saudi Arabia.

 

ATM Withdrawals (SAR bln)

Month

2018

2019

Variation

January

62.22

63.22

+2%

February

56.34

54.98

(2%)

March

66.73

65.32

(2%)

April

63.30

62.63

(1%)

May

68.05

72.25

+6%

June

61.94

54.40

(12%)

July

63.42

--

--

August

63.16

--

--

September

57.62

--

--

October

62.05

--

--

November

59.62

--

--

December

63.86

--

--

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