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Published 1 month ago

Saudi e-commerce thrives as sales using Mada cards reach $3.76bn in

Summary by Arab News
RIYADH: Saudi e-commerce sales using Mada cards reached SR14.11 billion ($3.76 billion) in February – an annual increase of 25 percent, the Kingdom’s central bank has revealed. This figure includes transactions through online shopping, in-app purchases and e-wallets, and excludes transactions by Visa, MasterCard and other credit cards. The number of e-commerce transactions also increased by 44 percent on a year-on-year basis to reach more than…

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Saudi e-commerce thrives as sales using Mada cards reach $3.76bn in

RIYADH: Saudi e-commerce sales using Mada cards reached SR14.11 billion ($3.76 billion) in February – an annual increase of 25 percent, the Kingdom’s central bank has revealed. This figure includes transactions through online shopping, in-app purchases and e-wallets, and excludes transactions by Visa, MasterCard and other credit cards. The number of e-commerce transactions also increased by 44 percent on a year-on-year basis to reach more than…

1 month ago·Riyadh, Saudi Arabia
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