economy

SAMA: Electronic payments account for 85% of individual payment transactions

The Saudi Central Bank (SAMA) revealed that electronic payments accounted for 85% of the total number of payment transactions carried out in the retail sector (individuals) by the end of 2025, compared to 79% recorded in 2024.
Record numbers

This achievement coincides with the Kingdom’s national payment systems achieving significant growth during 2025, with the number of electronic payment transactions executed through them reaching approximately 14.6 billion transactions, compared to 12.6 billion transactions for 2024.

This percentage in the share of electronic payments reflects the advanced level of the Kingdom globally, supported by recording record numbers through the national payment system (Mada) for card payments through points of sale and e-commerce, in addition to achieving rising numbers in the volumes of transactions processed through other national payment systems compared to the previous year, which reflects the expansion in adopting electronic payment solutions, and the growing reliance on them in various daily transactions.

Accelerated growth

The Kingdom is witnessing remarkable progress and rapid growth in the adoption of electronic payment methods, which is a result of the numerous strategic efforts and initiatives launched by the Saudi Central Bank in cooperation with the financial sector to support the growth of the payments sector and stimulate the use of diverse electronic payment options in the Kingdom, which will contribute to achieving the goals of Saudi Vision 2030 to reduce reliance on cash and promote the growth of digital payments.

The Saudi Central Bank continuously strives to provide diverse payment options to expand the adoption of various electronic payment methods by continuing to develop the infrastructure of national payment systems, developing and improving the quality of digital payment solutions to facilitate financial transactions, increase their efficiency and reduce their costs, in addition to supporting economic activities in the Kingdom.

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