The Saudi Central Bank (SAMA) revealed that electronic payments accounted for 85% of total retail transactions in 2025, marking a significant growth from 79% in 2024, according to the Saudi Gazette.
These figures mirror the ongoing expansion of national payment systems, with electronic transactions growing to 14.6 billion in 2025, up from 12.6 billion in 2024.
SAMA said that this progress was driven by rising transaction volumes through the Mada payment system, particularly across point-of-sale and e-commerce channels, as well as continued growth in other national payment platforms.
This increase reflects the broadening adoption of electronic payment and its pivotal role in everyday transactions.
In recent years, Saudi Arabia has witnessed rapid growth in the adoption of electronic payment methods, supported by accelerating efforts led by SAMA in partnership with the financial sector to multiply payment options and lead the development of the payments ecosystem.
These efforts aim to reduce reliance on cash and advance the shift toward digital payments, in line with the Saudi Vision 2030.
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