In 2022, the average value of transactions conducted with point of sale (PoS) payments acquirers in Saudi Arabia was 55 Saudi riyals. This was the lowest recorded figure in the period between 2018 and 2022. Since 2018, the average value of transactions conducted through PoS payments acquirers steadily declined after starting from a peak of 146 SAR per transaction in that year.
Average transaction value with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022
(in Saudi riyals)
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. 1 SAR (Saudi riyals) equals approximately 0.27 U.S, dollars and 0.25 euros (as of November 2023).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Saudi Central Bank. (September 4, 2023). Average transaction value with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022 (in Saudi riyals) [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1425627/saudi-arabia-average-value-transactions-pos-payments-acquirers/
Saudi Central Bank. "Average transaction value with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022 (in Saudi riyals)." Chart. September 4, 2023. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1425627/saudi-arabia-average-value-transactions-pos-payments-acquirers/
Saudi Central Bank. (2023). Average transaction value with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022 (in Saudi riyals). Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1425627/saudi-arabia-average-value-transactions-pos-payments-acquirers/
Saudi Central Bank. "Average Transaction Value with Point of Sale (Pos) Payments Acquirers in Saudi Arabia from 2018 to 2022 (in Saudi Riyals)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1425627/saudi-arabia-average-value-transactions-pos-payments-acquirers/
Saudi Central Bank, Average transaction value with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022 (in Saudi riyals) Statista, https://www.statista.com/statistics/1425627/saudi-arabia-average-value-transactions-pos-payments-acquirers/ (last visited October 04, 2024)
Average transaction value with point of sale (PoS) payments acquirers in Saudi Arabia from 2018 to 2022 (in Saudi riyals) [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1425627/saudi-arabia-average-value-transactions-pos-payments-acquirers/