Saudi POS transactions rise 19% to SAR 22.8 bln in July 2019

01/09/2019 Argaam Special

 

Point-of-sale (POS) transactions in Saudi Arabia saw a 19 percent year-on-year (YoY) increase to SAR 22.77 billion in July, figures from the Saudi Arabian Monetary Authority (SAMA) showed.

 

Data showed that 129.7 million transactions were processed through nearly 404,200 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

22.77

+ 19 %

August

19.20

--

--

September

19.31

--

--

October

19.30

--

--

November

19.87

--

--

December

22.33

--

--

 

Cash withdrawals edged down 0.4 percent YoY to SAR 63.15 billion through 182.2 million transactions processed across 18,800 ATMs in July.

 

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

63.15

(0.4%)

August

63.16

--

--

September

57.62

--

--

October

62.05

--

--

November

59.62

--

--

December

63.86

--

--

 

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