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News Saudia > Business > Saudi Central Bank Records SR 5.8 Billion in POS Transactions Over One Week
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Saudi Central Bank Records SR 5.8 Billion in POS Transactions Over One Week

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Last updated: September 2, 2026 2:18 pm
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The Saudi Central Bank highlighted the total value of transactions processed through POS terminals across the Kingdom in its latest weekly report. SAMA publishes these updates to monitor the adoption of electronic payments in different sectors and cities. The figure comes as the country continues to advance its digital economy under the Vision 2030 framework.

SAMA data from previous years shows consistent growth in POS usage. A report by the central bank indicated that card-related POS transactions grew significantly in recent years. The number of installed POS terminals reached 1.74 million in 2023, according to SAMA statistics.

In 2025, electronic payments accounted for 85 percent of total retail payments, up from 79 percent in 2024, a SAMA study released in 2026 found. The central bank reported that the number of electronic transactions hit 14.6 billion in 2025. This growth highlights the success of initiatives to promote cashless transactions.

The latest weekly data provides breakdowns by activity, with food and beverage and retail sectors typically leading the volume. Cities like Riyadh usually register the highest transaction values, SAMA figures show. The authority uses this information to assess consumer spending patterns and the performance of the payment system.

SAMA has emphasized the role of digital payments in supporting economic activities. The central bank continues to expand payment options and improve infrastructure. These efforts align with national goals to boost financial inclusion and innovation.

Additional context from the central bank’s payments usage study points to the increasing reliance on NFC technology for POS payments. Mobile payments through NFC account for a significant portion of transactions. The trend is expected to continue as more merchants adopt modern payment solutions.

The publication of weekly POS data allows for timely tracking of economic indicators at a granular level. SAMA’s commitment to transparency in statistical reporting aids policymakers and businesses in decision making. The reports are available on the central bank’s official website for public access.

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ByNewsDesk
News Saudia NewsDesk is the desk responsible for News Saudia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.
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