In 2018, point of sale (POS) transactions accounted for the highest volume of transactions among other non-cash transactions in the United Arab Emirates, at 649 million transactions. POS card transactions have driven payment transactions in the UAE, with a CAGR of 20 percent in the period from 2014 to 2018. POS transactions accounted for 91 percent of payments in the country in 2018.
Volume of non-cash transactions in the United Arab Emirates in 2018, by type
(in millions)
*Bank transfers refer to customer-to-customer only and excludes bank-to-bank transfers.
**Mobile payments including contactless and QR payments linked to cards also fall under this category.
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Noor Bank. (May 12, 2019). Volume of non-cash transactions in the United Arab Emirates in 2018, by type (in millions) [Graph]. In Statista. Retrieved August 10, 2022, from https://www.statista.com/statistics/1181662/uae-volume-of-non-cash-transactions-by-type/
Noor Bank. "Volume of non-cash transactions in the United Arab Emirates in 2018, by type (in millions)." Chart. May 12, 2019. Statista. Accessed August 10, 2022. https://www.statista.com/statistics/1181662/uae-volume-of-non-cash-transactions-by-type/
Noor Bank. (2019). Volume of non-cash transactions in the United Arab Emirates in 2018, by type (in millions). Statista. Statista Inc.. Accessed: August 10, 2022. https://www.statista.com/statistics/1181662/uae-volume-of-non-cash-transactions-by-type/
Noor Bank. "Volume of Non-cash Transactions in The United Arab Emirates in 2018, by Type (in Millions)." Statista, Statista Inc., 12 May 2019, https://www.statista.com/statistics/1181662/uae-volume-of-non-cash-transactions-by-type/
Noor Bank, Volume of non-cash transactions in the United Arab Emirates in 2018, by type (in millions) Statista, https://www.statista.com/statistics/1181662/uae-volume-of-non-cash-transactions-by-type/ (last visited August 10, 2022)