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Total number of transactions with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022 (in millions)

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Source

Release date

September 2023

Region

Saudi Arabia, MENA

Survey time period

2018 to 2022

Supplementary notes

Payment acquirers help businesses integrate with local payment networks, in this case MADA. Thus, merchants are able to accept payments through a variety of facilities such as PoS payment systems, online payment gateways, ATM withdrawals, and more.
Note: Figures for 2018 have been rounded.

Citation formats

Number of transactions with PoS payments acquirers in Saudi Arabia 2018-2022

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 7, 2023
In 2022, there were *** million transactions conducted with point of sale (PoS) payments acquirers in Saudi Arabia. This was more than double the volume of the previous year, and the biggest single year total in the four year period between 2018 and 2022. Apart from 2018 when the number of transactions were *, every subsequent year recorded significant increases with transactions totaling in the millions.
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