Saudi POS transactions up 18% in April

29/05/2018 Argaam Special

 

Point-of-sale (POS) transactions in Saudi Arabia rose 18 percent to SAR 19.4 billion in April from SAR 16.5 billion a year earlier, official figures from the Kingdom’s central bank showed.

 

Data showed that 82.5 million transactions were processed through nearly 315,500 points-of-sales in shopping malls, mega retail stores, and pharmacies.

 

POS Transactions (SAR bln)

Month

2017

2018

Variation

January

15.75

16.44

+4%

February

14.16

15.39

+9%

March

16.31

19.54

+20%

April

16.47

19.40

+18%

May

18.86

--

--

June

18.08

--

--

July

15.30

--

--

August

16.91

--

--

September

15.12

--

--

October

16.45

--

--

November

16.84

--

--

December

20.22

--

--

 

Cash withdrawals grew by 5 percent year-on-year (YoY) to nearly SAR 63.3 billion through 180 million transactions processed across 18,500 ATMs in April.

 

ATM Withdrawals (SAR bln)

Month

2017

2018

Variation

January

61.14

62.22

+2%

February

54.87

56.34

+3%

March

63.38

66.73

+5%

April

60.03

63.30

+5%

May

65.26

--

--

June

64.76

--

--

July

56.28

--

--

August

67.72

--

--

September

51.31

--

--

October

61.15

--

--

November

58.60

--

--

December

64.02

--

--

 

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