Saudi POS transactions up 11% in April

30/05/2017 Argaam Special

Point-of-sale (POS) transactions in Saudi Arabia rose 11 percent to SAR 16.5 billion in April from SAR 14.8 billion a year earlier, official figures from the Kingdom’s central bank showed.

 

Data showed that 55 million transactions were processed through nearly 295,000 points-of-sales in shopping malls, mega retail stores, and pharmacies.

 

POS Transactions (SAR bln)

Month

2016

2017

Variance

January

14.70

15.75

+7%

February

13.48

14.16

+5 %

March

15.36

16.31

+6 %

April

14.78

16.47

+11%

May

17.72

--

--

June

18.21

--

--

July

13.57

--

--

August

15.32

--

--

September

14.21

--

--

October

14.30

--

--

November

15.29

--

--

December

15.78

--

--

 

Cash withdrawals decreased by 3 percent year-on-year (YoY) to nearly SAR 60.03 billion across 18,000 ATMs in April. 

 

ATM Withdrawals (SAR bln)

Month

2016

2017

Variance

January

62.69

61.14

(2%)

February

59.82

54.87

(8%)

March

66.16

63.38

(4%)

April

61.78

60.03

(3%)

May

67.82

--

--

June

73.06

--

--

July

54.94

--

--

August

65.11

--

--

September

59.26

--

--

October

60.34

--

--

November

59.99

--

--

December

62.49

--

--

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read