Online sales via Mada cards rise 99% to over SAR 31 bln in H1 2021

12/08/2021 Argaam Special

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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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