Saudi POS transactions up 28% in September

29/10/2018 Argaam Special

 

Point-of-sale (POS) transactions in Saudi Arabia rose 28 percent to SAR 19.3 billion in September from SAR 15.1 billion a year earlier, figures from the Saudi Arabian Monetary Authority (SAMA) showed.

 

Data showed that 88.5 million transactions were processed through nearly 339,000 points-of-sales in shopping malls, 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

23.06

+22%

June

18.08

19.30

+7%

July

15.30

19.18

+25%

August

16.91

19.20

+14%

September

15.12

19.31

+28%

October

16.45

--

--

November

16.84

--

--

December

20.22

--

--

 

Cash withdrawals rose 12 percent YoY to SAR 57.6 billion through 170 million transactions processed across 18,500 ATMs in September.

 

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

68.05

+4%

June

64.76

61.94

(4%)

July

56.28

63.42

+13%

August

67.72

63.16

(7%)

September

51.31

57.62

+12%

October

61.15

--

--

November

58.60

--

--

December

64.02

--

--

 

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